Today, televangelist and long time right-wing icon Pat Robertson addressed the banking crisis on his television show, The 700 Club. Referencing how Iceland dealt with its own economic crisis — it jailed many of the bankers who broke laws and deceived the nation’s people — Robertson praised the European nation and said that we need to deal with the crimes of the financial sector here in the United States the same way. “[Iceland is] putting people in jail,” Robertson said. “They’re going after bankers there. The people said, ‘Those banks were rippin’ us off. We don’t like what they did. They brought out country to ruin. Now Iceland suddenly is turning around. Their GDP is growing. They look like a big success story. Isn’t that amazing?”
We can start putting some of those bankers in jail,” Robertson preached. “There were all kinds of shady dealings during that financial crisis. So many people were lying….I’m not for putting people in jail…but here’s an opportunity for the people who want to enforce laws to enforce that one. There must be some laws against lying in documents!”Read it at Republic Report
Pat Robertson: We Need To Put The Bankers Who Lied To Americans And Caused The Financial Crisis In Jail
by Zaid Jilani
4 comments:
Don't tell me Pat: "Thou shalt not steal", "Thou shalt not bear false witness"...
Tom, at least he is not advocating that we stone them or that we cut off one of their hands ;)
Pat, you know better than to think that citizens will be held to the same code of conduct as the lying bankers and pols. Of course laws were broken, and the RICO statutes would be the way to go because it was conspiracy to defraud investors from day one. The evidence is there for anyone with eyes to see, but the rule of law is no more, as the bankers were saved when their hands were caught in the cookie jar. Welcome to the new Amerika where bribes, theft, and lying under oath is actually doing God's work. You simply can't make this BS up.
Iceland while not perfect has been doing some stuff right. It also had the higher private debt writedowns sicne the start of this crisis, ie.
Households could breath faster and get rid of their underwater balancesheets that way.
Truth,
It is hard to contain the truth ultimately, even Robertson knows many people so far have gotten away with a lot....
And I would bet that he is not alone on the political right in looking at it this way.... (myself for one!)
Resp,
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