Revisiting the BAMTOR Principle

Banks Always Make Their Own Rules, and this has been a banner week for demonstrating it!

You’ve heard of course about the lady who arrived at her second home to discover new locks and all her stuff missing, including her late husband’s ashes, right?

What about Deutsche Bank agreeing to pay a bunch of fines for helping wealthy Americans dodge their taxes?

Arizona and Nevada are both suing Bank of America over loan adjustments, and the Nevada AG has evidence that B of A has engaged in massive deceptive trade practices.

In California, Wells Fargo has been forced to admit that “pick a payment” was a bad idea and strongarmed into modifying a whopping 15,000 homeowners (sounds much more impressive if you say $2 billion in mortgages, doesn’t it?).

Meanwhile, the federal agencies that should be regulating the banks and protecting the citizens are protecting the banks from the citizens. The Federal Reserve has actually blocked new foreclosure regulations.

Even MarketWatch suggests that the banks have pulled on over on all of us.

We don’t just need rules for Big Banks, we need them to be forced to follow the law. Put a few bankers in jail, and I imagine the rest will be more likely to resist criminal activity.

In Closing: less American Pie; when Pat Robertson says to decriminalize pot, you know the War on Drugs is a failure; duh; security threat; Schneier; look, there’s never going to be a “get out of the security line free” card, so stop wishing for one!; gee, whoda thought?; good idea, wish somebody thought of it during the Clinton Administration; and idiot motorists drove through wet cement, getting stuck and delaying a project that would have been open in time for Christmas until probably Easter. Hope they’re real proud of themselves.

“I’d Love to, but Chinese Food Gives Me Gas”

In Closing: Let them eat chard; Christian Taliban are a scary bunch; the failure of progressive organizations; when did the term “centrist” get hijacked?; more sobering facts about what a crappy year 2009 was; NBC the Barbarian (Conan the Classy); Gin and Tacos offers an idea; Haiti follow-up includes the importance of building codes and Satan replies to Pat Robertson; and if there’s a silver lining to our crappy economy, it’s that people are trying to live within their means.

I can’t believe he said that.

By now I think everyone knows that Haiti had a truly horrible earthquake. Perhaps you have also heard that Pat Robertson said it’s their own damn fault.

How’s that? Did they have substandard building codes that led to needless deaths? Perhaps they didn’t heed some geologist’s warning? Perhaps corruption prevented people from reaching assistance?

No, they “deserved” this earthquake, this unimaginable destruction, because they allegedly made a pact with the Devil in 1804 to obtain their liberation from France.

Now, just so there is no confusion here, I do not want anything to do with a deity who kills innocent children because of something their forebears allegedly did 205 years ago! Maybe such a wild tale would be credible if this earthquake happened in 1805, maybe even 1810. But we are talking about divine retribution for rumored events of over 2 centuries ago. It seems to me an omnipotent God could have arranged a more timely comeuppance. After all, He destroyed Sodom within hours of confirming that the natives would rather gang-rape a couple of visiting men than a pair of underage virgins.

But here is my question. Where is the outrage from Christians?

Back in 2001, moderate Islam figures were encouraged to denounce the kind of extremist thoughts and behaviors that led to 9/11. Why aren’t we demanding that moderate Christian leaders denounce Pat Robertson as the lunatic he is? Can’t the United Methodists make a statement more official than a blog post? Can the Southern Baptist Conference do more than ask for money? Where is the outrage from the Episcopals? Whither the Church of England? Has the Greek Orthodox Church nothing to say? Christian Scientitsts? The Mormons? The Lutherans? How can the Pope remain silent about this inflammatory and theologically dubious rambling?

While I see much talk of help for the people of Haiti — which is both very Christian and very much needed — there is near silence of the issue of Mr. Robertson.

At least the Ambassador from Haiti has his head screwed on straight.

In closing: paid to be stupid; Americans are stupid part 2, many of us think airport security should involve profiling (I guess nobody remembers that Tim McVeigh was a white guy); conservatives and trade policy; real unemployment needs real solutions; with the money they spent on negative ads, the insurance companies could have provided health insurance to 3000 families; Junk Insurance Tax; a picture worth a thousand words on checked baggage fees (between the airlines and the TSA are they actively trying to get me to avoid flying??).