In the tiny country of Iceland 26 bankers are now behind bars. They were sentenced to prison for directly contributing to the collapse of the country’s economy in 2008. WOW 26 in tiny Iceland with a population of 327,589.
In America with a population over 300,000,000, ten times the population of Iceland how many bankers were jailed?
Not one banker in the US has even been charged with a crime relating to the financial collapse, there is still virtually no regulation of the banks, and they are pulling in a near record $160 billion in annual profits, all from “money” created out of thin air.
In the US, Congress gave American banks a $700 billion TARP bailout at the expense of taxpayers. Bonus time on Wall Street.
The banksters continue to be protected, at all levels, and the effects of their criminal actions continue to worsen every day. Another financial catastrophe is a certainty.