Don't be surprised to read escalating news like this recent article about banks being brazen repeat offenders after already having gotten off with a behind the scenes hand slap before. The banks literally believed that they were above the law. That lawless crap worked when the liberals were running the show but the "look the other way because I am connected" game is going to collapse right before our very eyes because the people have had enough. As written in these pages many times, nothing will stop the con men until they start going to jail and so they will start going to jail. The gloves are coming off now.
Real oversight is going to have a chilling, deflationary effect on markets.
Thursday, October 30, 2014
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