From the dingbat who actually had the nerve to blame deregulation by Reagan (yes seriously) to the lack of any appropriate explanation of SEC incompetence there's just not much semblance of any sense of explanation given here.
1) how in the world do you blame Reagan for deregulation of federal agencies for nonsensical behavior by the SEC? This was a catastrophic failure by an federally regulated organization that was completely inept WELL BEFORE 9/11. When the author blames this action on a failure of an agency that missed so much so many times much prior to 9/11, it speaks volumes to her motivation, and how insanely stupid this view is.
You cannot overlook decades of ineptitude on behalf of the SEC when evidence was handed to them hand over fist, more times than can possibly be counted, and yet there's not a single shred of evidence to suggest anything other than an agency that's far too hand-in-glove with the industry it is supposed to regulate you begin to understand why Reagan was doing what he did. There's absolutely no investigation into the entirely possible motive of the SEC officials to have been bribed, and it's not even eluded to. We still have exactly the same problem with exactly the same people.
2) THE FEDERAL GOVERNMENT BAILED OUT BIG BANKS! We struggle to recover funds that were inexplicably lost by the same people who had their hands out for a federal bailout! We have a history of Clinton, Bush I and II, and Obama who whistled past the graveyard time and time again, and when push came to shove, not a single person with the SEC was ever held to account over Madoff, not a single person who was proven to have been participating in Madoffs Ponzi scheme was ever punished substantially, and the rest of the little people were left holding the bag by way of tax dollars. We're still paying for the ramifications and yet not a single person has made any meaningful effort in correcting the errors, but plenty of people standing around blaming the victims but doing nothing to the actual perpetrators. We're still watching the same issues with the same people on a grander scale, LIKE SBF?!?! And yet, because he contributed to almost exclusively Democrat causes and representatives, we will never get to the bottom of the matter because we refuse to hold anyone accountable.
I shouldn't be surprised Berlinger wouldn't dare take any substantive action to expose the real fraud, but don't waste your time.
1) how in the world do you blame Reagan for deregulation of federal agencies for nonsensical behavior by the SEC? This was a catastrophic failure by an federally regulated organization that was completely inept WELL BEFORE 9/11. When the author blames this action on a failure of an agency that missed so much so many times much prior to 9/11, it speaks volumes to her motivation, and how insanely stupid this view is.
You cannot overlook decades of ineptitude on behalf of the SEC when evidence was handed to them hand over fist, more times than can possibly be counted, and yet there's not a single shred of evidence to suggest anything other than an agency that's far too hand-in-glove with the industry it is supposed to regulate you begin to understand why Reagan was doing what he did. There's absolutely no investigation into the entirely possible motive of the SEC officials to have been bribed, and it's not even eluded to. We still have exactly the same problem with exactly the same people.
2) THE FEDERAL GOVERNMENT BAILED OUT BIG BANKS! We struggle to recover funds that were inexplicably lost by the same people who had their hands out for a federal bailout! We have a history of Clinton, Bush I and II, and Obama who whistled past the graveyard time and time again, and when push came to shove, not a single person with the SEC was ever held to account over Madoff, not a single person who was proven to have been participating in Madoffs Ponzi scheme was ever punished substantially, and the rest of the little people were left holding the bag by way of tax dollars. We're still paying for the ramifications and yet not a single person has made any meaningful effort in correcting the errors, but plenty of people standing around blaming the victims but doing nothing to the actual perpetrators. We're still watching the same issues with the same people on a grander scale, LIKE SBF?!?! And yet, because he contributed to almost exclusively Democrat causes and representatives, we will never get to the bottom of the matter because we refuse to hold anyone accountable.
I shouldn't be surprised Berlinger wouldn't dare take any substantive action to expose the real fraud, but don't waste your time.