Just the kind of man America needs in the White House.

If we work together as a community, maybe we can get some criminal prosecutions for the crimes that caused the Great Crash. It doesn’t happen by accident.

Most of the time, you can ignore that foot on your neck. You can pretend that electoral politics work and that we are a nation of law, not of rich people. You can revel when your tribe puts someone in office, and pretend that the person you voted for is working in your interests.

Not today. Today it is confirmed: there will be no prosecutions, there will be no accountability for the rich financiers and their clients who caused the Great Crash of 2008, profited mightily, fought off regulation, and escaped with their personal fortunes and their reputations intact, all as part of the great muddle-through plan of the Obama administration.

The Great Muddle Through Plan of the Obama Administration lets banksters off the hook for everything and sticks the costs of the Great Crash on the innocent. The US Attorneys’ role in the Great Plan is to refuse even to investigate the possibility that there were crimes.

This is really the first attempt at the federal level to hold responsible the executives who made the decisions that crashed their own businesses and the greater economy. The Angelo Mozilo lawsuit by the SEC ended up going nowhere, and former Bank of America CEO Ken Lewis could face a lawsuit by the New York Attorney General’s office. But the FDIC’s action, which they are under a legal obligation to bring if they find wrongdoing at a bank they wind down, clearly takes this up a notch.

There are a plethora of books written, and yet to be written, about what lead up to the 2008 financial crisis, but even so, All the Devils are Here stands out. Co-authors, Bethany McLean (co-author of the bestselling, documentary-inspiring book on the Enron scandal, The Smartest Guys in the Room) and Joe Nocera (Award winning New York Times business columnist), expertly weave a narrative that captures not just the elements, but the characters of the crisis; the human flaws, choices and repercussions perpetrated by a small, dispersed collection of very dangerous people.

Watching the MOTUs as their financial services universe shakes and shudders around them reminds me of the five stages of death and dying. There’s lots of denial and anger coming out of the MOTUs, and hints of bargaining, but little sign of depression and acceptance. But it’ll come . . .

While Ben Bernanke dreams of being the uber-regulator and chief monitor of systemic risk, a new agreement between the FDIC and other banking regulators like the Fed allows the FDIC to have independent direct access to big banks instead of making the FDIC to rely on his tame stable of regulators at the Fed.

Chalk one up for real oversight.

I don’t know how you keep hearing these stories of fraud – accounting fraud, investor fraud, what have you – without the Justice Department getting involved. We want to make banking boring again, and the simplest way to do that is by making absolutely clear that anyone who takes these kinds of risks and plays these kinds of games will go to jail for a long time. If we had a culture of accountability in Washington that would already be happening.

Here’s an idea. Instead of retiring when we turn 65, let’s go to work scrubbing tables at the nearest fast-food outlet.

Sound good?

Not to most of us. But it’s a future that U.S. workers increasingly are facing. America’s workers aren’t just losing their homes in what is misleadingly termed the nation’s mortgage crisis.