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More than three months after the Justice Department administered a virtual slap on the wrist to global banking giant HSBC after a whistleblowerâs report to WND of massive fraud was confirmed, Attorney General Eric Holder admitted to a Senate panel he believes some banks are too big to prosecute.
Under questioning before the Senate Judiciary Committee last Wednesday, Holder said he was not referring specifically to HSBC, because it would not be âappropriate,â but the message was clear.
Banks the size of HSBC are âtoo big to jail,â as a member of the Senate panel put it....
Ah, Rufus, that great Federalist (Now what is the Republican Party) Alexander Hamilton had the brilliant idea of the Federal Reserve and Federal banks (q.v. The Federal Reserve System -- Online. I will agree with the former GOP VP candidate, Ryan, about how the big banks should be broken up into more manageable bits and thus better observed and regulated. The Glass-Steagall act was something that Bad Billy Clinton and some Republican cohorts shouldn't have gotten rid of. So, if you just click passed the obnoxious ad to void DOMA, you can see what Congressman Ryan had to say about, ... âI Agreeâ We Need To Reinstate Glass-Steagall
The way to fix banks would be to reinstate the Constitution and end the Federal Reserve System (which is not Federal has no reserves and is more of a criminal syndicate than a system). See the Coinage Act of 1792 for what a dollar ought to be.
"More than three months after the Justice Department administered a virtual slap on the wrist to global banking giant HSBC after a whistleblowerâs report to WND of massive fraud was confirmed, Attorney General Eric Holder admitted to a Senate panel he believes some banks are too big to prosecute."
Maybe Holder is more comfortable identifying with the bad guys.
The too big to fail or prosecute idea is certainly not according to God's word. There are lots of scriptures telling us that God wants us to be impartial in our judgments; like He is. Our Lord will make everything right on day! The below is probably the clearest.
 Thou shalt not wrest judgment; thou shalt not respect persons, neither take a gift: for a gift doth blind the eyes of the wise, and pervert the words of the righteous. (Deu 16:19 KJV)
 O LORD, how long shall I cry, and thou wilt not hear! [even] cry out unto thee [of] violence, and thou wilt not save!  Why dost thou shew me iniquity, and cause [me] to behold grievance? for spoiling and violence [are] before me: and there are [that] raise up strife and contention.  Therefore the law is slacked, and judgment doth never go forth: for the wicked doth compass about the righteous; therefore wrong judgment proceedeth. (Hab 1:2-4 KJV)
Well, you can't prosecute the actual building, Mr. Holder, but how about the officers and executives who are complicit? HSBc gets a hefty fine but none of the thieves get indicted. Great message for the other too large to fail, or prosecute banks.