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I have concluded that this Nation's road to recovery is not through bail-outs, stimulus packages or new rules for the financial industry. It is instead through justice.
Much of the value traded back and forth during the last few years was illusory, but considerable value was also swindled, extorted and outright stolen from investors, our government and foreign governments by out-and-out criminal racketeering. The current RICO statutes were passed with the clear intent of bringing just such sophisticated criminals to justice. And recovery of these stolen funds should be a first priority.
Action plan for the Obama Justice Dept:
Publically announce, before Bush begins the pardoning of Cheney, his Cabinet and advisors, Abramoff, Cunningham, Pollard et al, that ELLIOT SPITZER will receive a pardon and will be appointed to pursue RICO prosecution of any and all banking and financial crimes, crimes against humanity, corruption and eavesdropping committed by the outgoing Administration.
Such a move would have an immediate chilling effect on the wholescale theft and destruction of evidence that will be attempted during these last two months of Bush in office.
Elliot Spitzer paid dearly for his private indiscretion, losing the Governorship, his family and his good name. He will work hard to restore the public's confidence in him.
And the Banking Cartel and the Bush Felons will be wetting their pants.