Appoint Elliot Spitzer As Attorney General

Remember how Spitzer was burned at the stake for paying for a prostitute? A high-paid, fine-ass prostitute I might add! Many of the folks throwing wood on his funeral fire were Wall Street executives, whom Spitzer as New York Attorney General had relentlessly prosecuted. As the cascading meltdown of major brokerage houses continues, it has become clear that Barack Obama should appoint Spitzer as the next U.S. Attorney General, with the mandate to brining the full weight of the federal government down on every thieving motherfucker on Wall Street, along with their enablers in Washington.

This debacle is not the result of bad business decisions. The banks and brokerages houses created exotic paper instruments that they continually sold and resold to each other collecting staggering fees and paying obscene bonuses on each new transaction. This is organized crime at the highest level.

This is the end game of 20 years of thievery with the blessing of Republican Regulators starting in the Reagan Administration. The Clinton Administration whored themselves out to Wall Street with the same vigor of the republicans. And like the republicans before them and after them, they left government for lucrative Wall Street jobs. Bill Clinton, Raul Emmanuel, and Al Gore all dipped their tip in the Wall Street “Casinos “ as Diane Francis so aptly named them in the Huffington Post.

Let’s call this what it is: The Ultimate White Boy Affirmative Action. This financial meltdown is the result of a relative small group of white men, from a relative small group of schools, who gamed the system for billions of dollars and when the chickens come home to roost, their classmates in Washington bails them out so they can start the plundering all over again. Remember the Savings and Loan bailouts? Financial Guru James Grant said “Capitalism without financial failure is not capitalism at all, but a kind of socialism for the rich”

According to Francis, Spitzer for years attempted to control mortgage practices in courts across the country. His chief adversary was the Bush administration. Spitzer was the most despised person on the street because of his tough stand on corruption at the banks and brokerages houses. And he did this without any support from the SEC, whose job was to prevent the very thing that has happened. The Justice Department was too busy saving the country from street level crack dealers and too failed to take seriously its oversight of this gang rape of the financial markets.

President Obama, with great courage, you turned down Wall Street 20 years ago, for the greater good of your country. Do us one more favor. Appoint Elliot Spitzer as Attorney General and let him do what he does best, lock up these Harvard educated dope dealers, working the most expensive street corner in the world. And if he wants to dress up as a woman and get it on with $5000.00 an hour hookers, I say make it a part of his bonus package. It’s a hell a lot cheaper than giving Fannie Mae and Freddie Mack trillions of dollars of our hard earned money.