Let justice be done though the heavens should fall.I then contrasted today's America's aversion to conflict with the fight-to-the-death disposition of those who declared the colonies' independence. I compared the Patriots' penchant for tarring and feathering and even publicly executing the tyrants of their time with modern Americans' refusal to even investigate the greatest tyrants of our time: the perpetrators of the destruction of the world's greatest economy, ours. Indeed, the majority responsible for the economically-tepid 2000s and current 5-year economic depression--the worst generational economy since the Great Depression--haven't been as much as subpoenaed to testify before Congress, much less brought to justice. Perhaps this is because Congress is within these peoples' pockets.
Actually, some of the perpetrators of America's economic collapse served in Congress. Most Americans don't realize that three unremarkable congressmen opened the floodgates of financial sector malfeasance. These three relatively insignificant politicians, Phil Gramm, Jim Leach, and Thomas Bliley, set the stage for a America with permanently-reduced economic aptitude. They sponsored the Financial Services Modernization Act of 1999--also known as the Gramm–Leach–Bliley Act--, which repealed the Glass–Steagall Act, the Great Depression-area legislation that barred deposit banks from playing the Wall Street casino. America's economy would never be the same. Banks became free to play with peoples' money, and the Fed ensured that said financial institutions had little incentive to play safely.
Indeed, the heads of the Federal Reserve are public enemy #1. Former Federal Reserve Chairman Alan Greenspan is often thought of nostalgically in the context of the current protracted economic depression, but the truth is he began America's central bank's tradition of promoting asset bubbles via liquidity pumping and maintaining artificially-low interest rates. Greenspan enabled the post-Gramm–Leach–Bliley institutional investors' recklessness, thereby inflating the late-'90s tech bubble, which burst and soured the early-2000s American economy. He then precipitated the mid-2000s housing bubble, which current Fed chairman Ben Bernanke ran with. Today, Bernanke is Greenspan on steroids, printing money at a rate never seen in American history and crushing down interest rates to dangerously low levels for years at a time. This will undoubtedly end in disaster. Bernanke's "mother of all bubbles" will eventually burst and cause a 2008 redux. If this were colonial times, Greenspan and Bernanke would have absolutely visited the gallows. In today's America, they haven't even been tried. Amazingly, Ben Bernanke even keeps his job!
Then there are the politicians who sponsored the Community Reinvestment Act, draconian legislation that forced banks to make risky loans to subprime borrowers (Barney Frank and Chris Dodd were the primary sponsors of this ridiculously dangerous law). Developers and institutional investors didn't care how dangerous the CRA was. In their eyes, it just increased demand for housing, which increased prices.
And then there are the financial institutions themselves who absolutely knew what they were doing when they gambled with other peoples' money, leveraging their bets several hundreds of times over through derivatives.
In today's conflict-adverse and inattentive America, the aforementioned criminals (let's not mince words) go about their privileged lives with impunity. I'm not advocating violence, but I'm making a salient point: During the dawn of the nation, they would have been put to death.