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Carville: Obama Will Lose Unless He Prosecutes Wall Street Fraud

Posted By Washingtons Blog On September 16, 2011 @ 2:00 am In Legal,Politics,Think Tank | Comments Disabled

The Economy Will Not Recover Until Fraud Is Prosecuted

Top economists and financial experts agree that our economy will never recover unless Wall Street fraud is prosecuted. See this [1] and this [2].

But the government has more or less made it official policy [3] not to prosecute fraud, and instead to do everything necessary to cover up for Wall Street [4].

Leading Democratic Strategist: Obama Will Lose Unless He Prosecutes Fraud and Fires His Horrible Advisers

Tuesday, leading Democratic strategist James Carville – who served as Bill Clinton’s lead strategist [5]said [6] that Obama will lose the election unless he fires his horrible and cabinet members and prosecutes fraud:

Carville’s advice: “Fire. Indict. Fight.”

Obama must fire someone – “No – fire a lot of people” — because the current team is just not working, Carville wrote.

“This may be news to you but this is not going well,” he wrote. “For precedent, see Russian Army 64th division at Stalingrad. There were enough deaths at Stalingrad to make the entire tea party collectively orgasm.”

Following the precedent of Bill Clinton, who fired many people in 1994, Ronald Reagan, who fired most of his campaign staff in 1980, and George W. Bush, who showed Defense Secretary Donald Rumsfeld the door, would give Americans a sense that Obama is actually trying to do something to fix the economy, Carville added.

“It’s not going to work with the same team, the same strategy, and the same excuses,” he wrote.

His next piece of advice is to indict people and hold them responsible for the country’s current economic state. If Attorney General Eric Holder can’t offer good explanations as to the state of these investigations, “fire him too.”

“Demand answers to why no one has been indicted,” he wrote. “Mr. President, people are livid. Tell people that you, too, are angry and sickened by the irresponsible actions on Wall Street that caused so much suffering. Do not accept excuses. Demand action now.”


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URL to article: http://www.ritholtz.com/blog/2011/09/carville-obama-will-lose-unless-he-prosecutes-wall-street-fraud/

URLs in this post:

[1] this: http://www.washingtonsblog.com/2011/03/top-economists-trust-is-necessary-for-a-stable-economy-but-trust-wont-be-restored-until-we-prosecute-wall-street-fraud.html

[2] this: http://www.washingtonsblog.com/2010/10/fraud-caused-great-depression-and-this.html

[3] official policy: http://www.washingtonsblog.com/2011/07/theres-no-recovery-because-government.html

[4] cover up for Wall Street: http://www.washingtonsblog.com/2011/08/real-reason-sec-has-been-shredding.html

[5] lead strategist: http://en.wikipedia.org/wiki/James_Carville

[6] said: http://www.cnn.com/2011/09/14/opinion/carville-white-house-advice/index.html?hpt=po_t2

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