Professor William Black: We’ve Decriminalized Fraud !

[youtube=http://www.youtube.com/watch?v=HPP6xLlVP7I]

• One-on-One with Professor William Black! 
  By Greg Hunter’s USAWatchdog.com
  Professor William Black is an outspoken critic of Wall Street.  Black, a former bank regulator and professor of law and economics, says, “Outright fraud caused the great recession, and they are able to do it now with impunity.”  Not a single financial elite that caused the crisis has gone to jail.   Because laws are not enforced and crooked bankers are allowed to do whatever they wish, Black says, “Each crisis is getting bigger by an order of magnitude.”  Meaning, the next financial meltdown is assured to be much greater than the last.  According to Professor Black, “Just the household sector lost $11 trillion, a trillion is a thousand billion.”  He goes on to say, “You can get to the point where even the United States could be thrown into a long term collapse scenario.”  When I asked, “Any day something could happen and we could be in another collapse?”  The Professor unequivocally replied, “Yes.”  Join Greg Hunter as he goes One-on-One with Professor William Black.

end