The State Turns State's Witness

The typical story is that when a crime is unveiled, one of the perps turns state's witness to reduce his sentence. This time, the state is that one of the perps. Clinton's Gorelick (the same one who established the wall betw. FBI & CIA so they couldn't connect the dots before the WTC & Pentagon attacks) helped put teeth into Carter's Community Reinvestment Act so banks were forced to make loans to risky individuals (ostensibly in the name of removing racism from the financial industry). These banks normally have to turn around and sell loans to continue their business. But how can you possibly sell a bad loan to anyone? By mixing it in w/ good loans -- hence the morass of derivatives which came unglued in late '08. The CRA ultimately had a racist result, in that it forced many minorities into foreclosures and bankruptcies by encouraging them to buy homes beyond their means in the first place. Now the Senate has the gall to point their fingers everywhere in the private sector but at themselves. Fannie Mae & Freddie Mac were two of the biggest culprits in hawking these derivatives & made massive donations to the likes of (then) Sens. Dodd & Obama. Goldman Sachs was also greatly guilty (the transit of GS exec's back & forth betw. the co. & fed. gov't goes back a long way). However, now the Senate has the convenience of being able to grill current & recent GS exec's & try to pin all of the blame on them w/out acknowledging the gov't's own efforts in the '90s to create this whole mess. But this is surely according to plan, since the Marxist Democrats now get to take over ever greater swaths of the American economy, sweeping it bit by bit under the thumb of the feds.

I remember guys standing up on the floor of the Senate during impeachment hearings saying, "Judge not lest ye be judged," and "Let he who is without sin cast the first stone." Where are those guys when we need them to stand up again in the Senate?