Over at her place, Emptywheel has noted that her comparison of the AIG banksters to terrorists has been picked up by none other than President Obama:
Here’s the problem. It’s almost like they’ve got — they’ve got a bomb strapped to them and they’ve got their hand on the trigger. You don’t want them to blow up. But you’ve got to kind of talk them, ease that finger off the trigger.
In a grim coincidence, this metaphor is becoming popular at the same time as accused al-Qaeda conspirator Ali al-Marri is headed to trial. What’s he accused of, you ask?
Al Qaeda leaders wanted al-Marri, a computer specialist, to wreak havoc on the U.S. banking system and to serve as a liaison for other al Qaeda operatives, according to a court document filed by Jeffrey Rapp, a senior member of the Defense Intelligence Agency.
Yes, that’s your cue to laugh and/or cry. As Green Boy, my co-blogger at Needlenose, observed earlier this week, if Al-Marri is really guilty as charged, shouldn’t he be getting a million-dollar bonus? Or, at least, shouldn’t the banksters who really did "wreak havoc on the U.S. banking system" be on trial?
I guess you could say that irony isn’t dead, but it has been detained indefinitely.



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Ohh a ZED to be had!
Well said.
DIGG is opened!
I agree these asshole Bankers need to be charged for what they have done all in the name of GREED! Which is the usual Modus Operandi for the ReichWing and the Reganits! Let them eat cake???
Citizen nahant:
Long live yer Zed …AND Ann Colter’s Adam’s apple!
I started calling them financial terrorists a while ago. At the time, I pointed out that the leaders of our financial system had done thousands of times more damage than al Qaeda, would be responsible for the deaths of millions, and damage the lives of billions because of what they did, and in many cases, continue to do.
Just because their hands may be manicured doesn’t mean they aren’t covered in blood.
LOL
She does have one doesn’t she!! I wonder what else she has??
There must be an official name for what they’ve done…i.e., fraud, RICO, breach of fiduciary duty….
They surely can be charged for something.
toooooo gooooood NOT to Digg!!!!!
Great post Swopa but those cells have definitely not been sleepin
Economic Terrorism.
Yeah, and it certainly falls under some executive order regarding national emergency…
Go after them….somebody.
Terminal Greed
Then again, AIG et.al. has rendered Al Qaeda completely unnecessary. They can now quietly retire and watch the disintegration in peace.
We have only to see the distress all around us, the desperation, to know what they have done. It is why Obama’s defense of them through Giethner, Summers, and Bernanke is so indefensible.
The system is shot through with fraud and racketeering. I think that could be proved across the board. Once these are established I think that crimes like outright theft would be easier to sell to juries.
i assume we don’t want Obama to detain banksters incommunicado and indefinitely, without trial in black sites, under torture are we? I thought that was a rethug thing ;P
AND THE KILLIN’ GOEZ ON AND ON AND…
Citizen Swopa and the Firepup Freedom Fighters:
Of course irony is not dead, it’s jest sleepin
with Rush Limbaugh. And of course bankers are terroists, all fascists are terroists on every level of activity and analysis. When are we gunna wake up here and start usin’ the “f” word to describe these criminals and murderers and spare none of ‘em not even the poor, ignorant stiffs who call themselves and vote Republican.
This is a revolutionary moment, there is no “middle ground”, there is no “moderate” solution to terror and murder. Time to call a spade a shovel and get Obama ta stop diggin’ and throw some of those bastards out of our foxhole.
The ol’ Norske is gettin’ hoarse yellin’ out here in the wilderness folks…gimme some help here.
KEEP THE FAITH AND PASS THE AMMUNITION, THERE IS NO COMPRIOMISING WITH FASCISM!!
Tempting tho isn’t it
The media are continuing there defense of the AIG bonuses. You know irritating but not a big deal, can’t be broken, etc. It really is amazing out like trained dogs they are. Their corporate masters say sit, they sit, they say bark, they bark.
Gordon Gekko Syndrome (GGS)
No, charge them, then jail them as flight risks.
Jail them as threats to themselves and others.
ask your doctor for GGS, an overpriced lifestyle drug for overpriced lifestyles. Stand by pharmacists are standing by.
I can’t claim any credit to the terrorist metaphor, but I have pointed out that our country was/is being Enron’d. I just can’t link to prove it and get my bonus. Dang.
Hey there is a news story about an organic garden at the White House. Are they growing tomatoes? Is that a terrorist act against farmers or banksters?
The seven deady sins
Lust – maybe
Gluttony – maybe
Greed – check
Sloth – check
Wrath – check
Envy – check
Pride – check
“Ilargi: The longer the theater of the absurd continues in Washington, Connecticut and Manhattan, the more it becomes clear that America is not a nation where people are equal, no matter how many times anyone may quote the initial intentions to this end phrased by the founding fathers. There is a ruling class in what some still claim to be a democracy that gets away with breaking the laws of the country, including the constitution, on a daily basis.
In this, there is no difference with China, Myanmar or any other oligarchy, other than in the pictures painted by media and spin doctors, which in reality depict nothing but illusions. On Wall Street, the government’s regulatory agencies, from Congress to the SEC, habitually look the other way or are implicitly complicit. One dollar one vote means that whoever has the money also has the power, political and military. If you’re one of the boys, you can get away with anything. And I mean anything. I’ll say it once again: this is not a financial crisis, this is a full-blown political crisis. And nobody recognizes it. There is no reason for anyone to go hungry or live on the street. Those are choices made by a society.”
AIG is suing the US government now. They want some of their millions back in overpaid taxes from 1997 and in recent years:
And we can’t retroactively go after AIG’s bonuses paid out to the crooks who collapsed the company? Because it’s illegal and unconstiutional? Huh. I hope the Senate changes the tax rate from 90% to 100%! Yes, I know. I’m a big meanie.
AIG and all banks dealing in CDS are domestic financial terrorists and should be dealt with accordingly.
Good luck to al-Marri trying to figure out what happened.
The seven deadly virtues, those ghastly little traps
Oh no, my liege, they were not meant for me
Those seven deadly virtues were made for other chaps
Who love a life of failure and ennui
Take courage-now there’s a sport
An invitation to the state of rigor mort
And purity-a noble yen
And very restful every now and then
I find humility means to be hurt
It’s not the earth the meek inherit, it’s the dirt
Honesty is fatal, it should be taboo
Diligence-a fate I would hate
If charity means giving, I give it to you
And fidelity is only for your mate
You’ll never find a virtue unstatusing my quo
or making my Beelzebubble burst
Let others take the high road,
I will take the low
I cannot wait to rush in
where angels fear to go
With all those seven deadly virtues
free and happy little me has not been cursed
AIG, Enron, Goldman-Sachs, Bear Stearns,Mordred from CamelotOsama bin Laden stated once that the best way to take America down would be for the price of oil to rise to $140/barrel. He was right. And it did. Now China & Russia are sitting back waiting patiently for our country to fall and laughing at us because George Bush did NOTHING to quell oil prices in our country. Many businesses and homes lost when the price rocketed to $4/gallon (some had to choose between paying their high mortgage or pay for heating oil to stay warm).
SanderO – Matt Taibbi in RollingStone agrees.
Don’t look for any reason, logic, or fairness in anything to do with AIG. We are being looted and having our faces rubbed in it to boot.
True, but some are saying it’s illegal for the US government to put a 90% tax on the AIG crook’s bonuses. *rolling eyes*
I thought the CEO or CFO or whomever had to sign off on the books after Enron. So why the hell isn’t anyone going to jail? Madoff isn’t the only bastard that should take the perp walk.
Like so much else in this, this is a problem which the government created for itself and then keeps bungling its response to.
Why for instance does Edward Liddy who sponsored this fiasco still have a job?
Why for instance does Edward Liddy who sponsored this fiasco still have a job?
I read somewhere this week, Liddy is an old pal of Rumsfeld… they ran Monsanto for a while then moved over to Searle.
It always winds down to the same criminals.
Edward Liddy was hired Sept 2008 for $1.00 per annum. Guy deserves a little break.
Enron created this kind of madness. Had protections/regulations been put in place after these assholes stole American’s retirements, then most likely Wall Street would have behaved better. But…nothing was done. It only escalated….and man did they enjoy their financial orgy! I read one figure of $600,000,000,000,000 ($600 TRILLION) in total DERIVATIVES. Nice. What an orgy they had.
The government is trying to fix this mess, but as you can see, AIG and others are still naked holding two naked CDS and wanting more! LOL
I highly doubt EW has the ego to think that the term “economic terrorist” is an original.
And he’ll end up with a $20,000,000 retention bonus at some point. He’ll say to the US government that owns his company, “Well, there was some fine print. If I stayed a year and the company was still owned by the US government I am entitled to a big pay off for my time, energy, and my attending all the investigative hearings. See?”.
If he’s only able to live on $1/year, then I’d like to know his networth at the moment. If it’s over $250,000 he’s gonna get his arse kicked!
Knowing a teensy bit about computers and an even teensier bit about banks’ computers, I think al-Marri has an excellent defense.
Banks computers are generally not connected to the open Internet – for quite obvious reasons. Security breaches are just one.
So, somehow, this non-citizen would have had to figure out how to gain access to a dedicated computer network – not something he would have been able to do in his pajamas in the basement.
But even if he had managed to do that – there is absolutely no way in hell he could have caused the implosion of the economy that has resulted from the malfeasance of these financial institution all on their own.
Plus, since al-Marri has been in ‘jail’ for the last 6 years in solitary confinement, he has an excellent alibi.
No, he doesn’t. When he was CEO at Goldman, Paulson put Liddy on the board of directors and as Treasury Secretary he chose him to head AIG. The AIG bailout saved Goldman’s ass because they had $20 billion in bonds at AIG. Liddy is being vastly overpaid.
Maybe the people running Al Qaeda work in New York City and control large corporation capable of doing what they allege al Marri was to do.
Maybe the blackmail scheme was real, but AQ was just the face of it.
We definitely live in strange times and Obama has a heavy burden to straighten it out.
Alqeda could never compete with the banker’s. Thse guys have taken criminal activity to a level that boggles the mind. Its doubtful the taxpayers can make these scumbags whole ever again. These crimes will stand alone forever as one of the worst era’s in the history of the world. Along with the crusades, witchcraft, world wars.