Hello, Bloggers. My name is 1st. Amendment Edd. I am a political commentary concerned about the daily issues of the political environment. As a cartoon character I make daily comments on all sorts of issues concerning our lives.
Today, I have listened to the Senate Congressional Hearings concerning the three executives who testified that they are not really sure of what happened with the banking institution's sub-prime loan processing. In my daily column, I want to comment on what I believe should be done to eliminate these types of issues.
Comment of the Day: After listening to the hearings I would like to respond to what the three top executives have said on the issue that they themselves claim they were not aware. In my opinion, as an American citizen I believe that just as people are being convicted for fraudulent financial practices these corporate executives should be held just as liable as average Americans would be.
Therefore, I feel strongly that every person working in the financial industry knowingly processed these sub-prime, fraudulent, loans or ordered the processing of these fraudulent loans should be charged with conspiracy to commit fraud. And if convicted all of the players should be punished to the full extent of the law.
Lastly, I generally feel that these players are really no better than Bernie Maddoff. This is my Political Ticker of the Day. Please send us your comment(s) and we will reply with a response.
1st. Amendment Edd, your political guru of the average American citizen. Join our blog spot.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment