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Can A Class Action Suit Be Taken Out On Behalf Of The American People......

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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 10:56 AM
Original message
Can A Class Action Suit Be Taken Out On Behalf Of The American People......
to get to the bottom of this financial meltdown and put those who created it away?

If our government can't do this - why can't we? Surely there must be some lawyers out there that would be willing and able to get this going.

I really don't think our political leaders know how much "outrage" their is out here by just us common folk. It is real "outrage" not the "faux outrage" we are hearing from these politicians.


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Why Syzygy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 10:58 AM
Response to Original message
1. I think you have to be able to prove
Edited on Wed Mar-18-09 10:58 AM by Why Syzygy
you were harmed. If we're getting tax CUTS, that may not be possible. I'm not an attorney, however.

If someone could show a direct link between a personal foreclosure and the shenanigans, that might hold.
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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 11:16 AM
Response to Reply #1
5. Seems To Me That There's Been Enough Fraud And Criminal Wrongdoing To.....
go around. I hate the word 'shenanigans' being used - because it sounds like the trouble a bunch of fraternity bro's get into. This is not kid stuff - we as the American people have been wronged. If our government doesn't want to get to the bottom of it - and I think they can if they really wanted to - it is time for the American people to take the matter into their own hands.

Somebody in another post on DU talked about these bonuses being 'hush money'. What we're seeing today is political theater. Let the public think that they're really "outraged" and that they are doing something. It is all for show. It is smoke and mirrors until the public loses it's span of attention. You know something is up when both the Repugs and Dems seem to be on the same page.

We're being scammed again. Scammed on top of a scam in fact.
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Why Syzygy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 11:23 AM
Response to Reply #5
6. The use of "shennanigans" was offered by this definition...
#

1. A deceitful trick; an underhanded act.
2. Remarks intended to deceive; deceit. Often used in the plural.
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NightWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 11:01 AM
Response to Original message
2. get to the bottom of it? the system is designed to do exactly what it has done
and it was designed by people like Phil Gramm who ensured that they and their clients can reap large dividends while gaming the traditional rules.

THIS IS Reaganism at work. The same people who came to power with Nixon and are descended from those who created the Central Bank seperate from the government in Jekyl Island, are seeing what they have worked for.

I dont understand why everyone is so surprised.
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Laelth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 11:03 AM
Response to Original message
3. Government immunity.
Most officials who are acting in their official capacity are immune from civil lawsuits for actions that they took in their official capacity. Congress created this mess through relaxing and, in some cases, obliterating needed regulation.

I don't think we'd get very far.

:dem:

-Laelth
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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 11:08 AM
Response to Reply #3
4. I'm Not Suggesting Taking Action Against Congress.....
start with the financial people. Start low. Give them immunity to talk and implicate up the chain of command. Ultimately - if fingers begin pointing at Congress - we can take care of them in the next elections. We would need the support of the MSM - which unfortunately - is in the back pocket of these people. But if something like this could proceed - it would certainly be the story of the century. MSM would have to follow it and report it.
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Laelth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 11:44 AM
Response to Reply #4
7. I hear you, but it's really Congress that is at fault.
If so, there's no liable party to sue.

:dem:

-Laelth
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