The proposed Obama Administration settlement for mortgage lenders that engaged in widespread foreclosure abuses is a weak slap on the wrist for banks according to consumer advocates and liberal activists. The Young Turks host Cenk Uygur explains.
http://www.washingtonpost.com/business/economy/settlement-with-mortgage-lenders-inadequate-activists-say/2012/01/23/gIQAGNzDMQ_story.html
Feds Won’t Prosecute Banks Despite Evidence Of Crimes: http://www.youtube.com/watch?v=L-yqXnzBmLk
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Duration : 0:4:19
January 26th, 2012 at 11:41 am
@SinisterSkip
So …
@SinisterSkip
So am I happy that I live in the Netherlands (even though, as everywhere, there’s some corruption here too) yes.
January 26th, 2012 at 11:41 am
So basically, the …
So basically, the government is owned by the big banks and big corporations.
In china, the government OWNS the big banks and many big corporations.
So basically, china = largely communism, USA = largely a corporatocracy (or corpocracy), basically a fake democracy where the government doesn’t serve the people, but big corp.
Both types of government are imbalanced.
January 26th, 2012 at 11:41 am
@marcetclaude why …
@marcetclaude why do you pay attention to stupid on youtube?
January 26th, 2012 at 11:41 am
@dEdGrimley And it …
@dEdGrimley And it took an Italian to turn Chrysler around. American executives don’t rise to the top unless they are good at pushing up the bottom line at all costs.
January 26th, 2012 at 11:41 am
@ …
@dangerouslytalented
Considering that the 2nd option is what we look for in the US in an executive…
January 26th, 2012 at 11:41 am
lol, he looks …
lol, he looks upset!
January 26th, 2012 at 11:41 am
@darwinx0101 …
@darwinx0101 Problem is, Romney, Gingrich, Santorum and Paul don’t desrve a first time.
January 26th, 2012 at 11:41 am
@dEdGrimley It is a …
@dEdGrimley It is a hard job to properly manage a multibillion dollar corporattion. It becomes easier if you can simply disregard things like longterm viability and environmental hazards and that kind of thing.
And if you concentrate on short term profit at the cost of long term viability, it is not hard at all. All you have to do is fire all thos guys at research and development, move production to China, collect your bonus and GTFO before the whole company collapses.
January 26th, 2012 at 11:41 am
@TitoIsTheGreatest …
@TitoIsTheGreatest Hell, they don’t want regulations that are GOOD for the banks, the ones that stop banks from making horrible loans and securitising them into horrible dirivitivves and selling them on to pension funds in order to boost short term profits at the cost of long term viability.
This is no longer about corporate profits, it is about executive pay and bonuses.
January 26th, 2012 at 11:41 am
@Jeanluck1 Ron Paul …
@Jeanluck1 Ron Paul has no need to take one dollar off of banks or the military…All of his campaign and otherwise money comes from big business and corporations that just hate regulations government has in place, that for instance prevent them to spill cancerous poisons in your food, water and air…And even if he is for banning of lobbyists in Washington, it’s still just a moot point.
January 26th, 2012 at 11:41 am
we are not real …
we are not real capitalists with all the cheaters we have. some socialism and regulation ftw.
January 26th, 2012 at 11:41 am
@TheHobgoblyn I …
@TheHobgoblyn I didn’t say “we would treat them like royalties” you imbecile. Chechnya wouldn’t allow it to happen. We would let those rats in Chechnya. And once again, even tho I’m sick and tired of keep repeating myself, but I’ll still say it one more time for special idiots like you: Chechnya is NOT A COUNTRY you retarded son of a bitch..
January 26th, 2012 at 11:41 am
@marcetclaude Are …
@marcetclaude Are you a result of the Chechnya educational system? Because, if so, you are a greater insult to your country than anything Cenk said.
First you said you’d treat them like royalty then that they wouldn’t sneak in. You can’t even form a coherent thought.
The question is– if some ultra wealthy banker went to Chechnya and said “we crashed the world economy. Can we continue to make billions by running yours?” would your country say “yes”? If not, Cenk was right.
January 26th, 2012 at 11:41 am
@badpunchline …
@badpunchline Clever. I like it.
January 26th, 2012 at 11:41 am
@darwinx0101
…
@darwinx0101
Obama is like Ayn Rand. 50% good ideas, 50% stupid bitch.
January 26th, 2012 at 11:41 am
this is the obama …
this is the obama administration you are complaining about here cenk. So you can see how we are confused when the very next video on Obama’s state of the union you praise him and say we should trust he will do better next time.
BulllShit. Obama doesn’t deserve a next time.
January 26th, 2012 at 11:41 am
We should find a …
We should find a way to get the bankers to expose the American torture policies, then maybe some of them would actually go to jail.
January 26th, 2012 at 11:41 am
@Stevie68000 None …
@Stevie68000 None of them were Christian? Atheist? Satanists? Is there a Star of David Investment Bank? A Kosher Capital? Is there a Chosen People’s Savings and Loan? I am looking to move my money to a new bank, so any names or recommendations would be very much appreciated.
January 26th, 2012 at 11:41 am
President Wall …
President Wall Street strikes again. #nobody2012
January 26th, 2012 at 11:41 am
TOO BIG TO JAIL
TOO BIG TO JAIL
January 26th, 2012 at 11:41 am
His campaign was …
His campaign was bankrolled by Jewish bankers in 2008. What’s the suprise.
January 26th, 2012 at 11:41 am
I have deleated …
I have deleated this channel so many times when I get about an opion,but I come rite back and subscibe again.You can’t allways hear what you want,but sometimes,you hear what ya need. oh baby… yeah. Give umm Cenk.
January 26th, 2012 at 11:41 am
What’s that… …
What’s that…screwed…no reach around? Yup, still in America. SO glad I served this country!
January 26th, 2012 at 11:41 am
They call it ” …
They call it “leverage” because “blackmail” would be a little on-the-nose…
January 26th, 2012 at 11:41 am
@dEdGrimley What do …
@dEdGrimley What do mean? I’m sure yachting, golfing and secretly banging the secretary makes for a full week’s work!