Welfare for Investment Bankers and the excuses of their bathroom attendant Alan Greenspan

American and European central banks are dipping in to deep pockets for billions of Yankee dollars and Euros in the vain effort of stanching the leaky dykes of the subprime mortgages which leading American banking houses have fobbed off on greedy capitlists and the unsuspecting poor and pensioners.
Christmas is bonus time for these stinking, rotten big fish of Wall Street, who, in times of drying up of liquidity and public trust, act as though they were early 21 century Marie Antoinettes by paying themselves very fat, multi million dollar bonuses, at ratepayers expense. And as the subprime ball of string unravels more and more the truth is emerging about the prinicipal role of the former chairman of the US Fed, the toilet bowl cleaner for the Moneybags, Alan Greenspan has the balls to say, 'the Fed was poorlye equipped to investigate deceptive lending, and he was not to blame for the scandal'. Of course he is obfuscating as is his trade mark of blowing blue smoke and blinding the shakers and dealers and everyone else with mirrors. It turns out that he was the banking industry's night soil collector, and gofer for the banking industry; that when years before the housing bubble broke, other governors in the regional Feds had raised signs of warning, but servile Greenspan sided with the industry, ignoring warnings in the way Bush & co ignored Hurricaine Katrina! Greenspan is shedding mock turtle tears, pleading special excuses. He deserves to be investigated for malignant neglect of duties and for complicity with the banking lobby who fought tooth and nail against any regulation of the suspect subprime mortgages. What do he and they know about the little people, the more especially since they benefit from a feckless congress who does everything to cater to their class interests and big money instincts. 18Brumaire calls it greed and more...it is that these rotting parasites on the body public are so distant from the woes of everyday life they act as though they were forever to the manor born. Which they are not. It is time for the whole lot to be investigated for high crimes and misdemeanors against the American public if not the global community. And in the dock should stand shamed the washroom lackey of theirs Alan Greenspan!