The swindles that hurt the most people and collect the most money are those carried out by politicians on the floor of Congress. Unfortunately we can't sue Barney Frank for his "Fannie and Freddie are sound!" speech, or Jerry Brown for touting the great promises of California's so-called high speed rail project. It would take constitutional change to give us that ability, but I want to see it happen.

They are all (Federal Reserve, investment banks, member banks) peddling fiat currency which is immoral and destructive of any economy. The participants know it and hope to profit enough to ride out the destruction of inflation and live well. The fact that it is destructive of all those who have limited earning power, savers and the elderly who have been reduced in earning power is irrelevant to them. If you did destroy Goldman Sachs the Federal Reserve would print more currency and give it to them through another TARP program destroying the poor even more.

I don't agree with that sentiment. As an emotion, hope often enables us to continue the fight when all seems lost. All humans need hope. Of course, we must also couple hope with positive, moral action.

I don't agree with that sentiment. As an emotion, hope often enables us to continue the fight when all seems lost. All humans need hope. Of course, we must also couple hope with positive, moral action.

I hope these sleazes at goldman get nailed good.

Libya is a quagmire worse than the LaBrea Tar Pits.
Sitting on untold wealth, it took what could have been a paradise into a hell-hole. Look at Israel. Sitting atop the Negev desert it produces everything from vegetables and fruit to electronics and medicine. Can you imagine what they could have done if they sat on a pool of oil?
Joke:
Moses meets Jesus in heaven. Moses says, "Jesus, you never speak to me or invite me to dinner. How come? Jesus replies, "because you're a fool." Moses, aghast, "why do you call me a fool?" "Because," says Jesus, "if you had only made a left turn instead of a right turn when you were wandering in the desert, we'd all have been billionaires."

"hope" will get one nowhere. so don't waste the time or energy.

Amen! All we can do is buy guns and gold and hope for the best.

It means that Libya is broke and wants to confiscate money from a bank. the us government is a good example for them to follow.

Granted, but US investors would have to sue in US courts. The banksters are well protected from "any" US investor. The banksters paid token fines to the feds for their unethical acts, were bailed out using taxpayers money (and are still being bailed out with the fed manipulating share prices), and the investors are screwed, as they have been since 1913, and will be as long as the DemReps are spineless cowardly looting traitors.

I would think that it would eventually mean We the People could sue them for crashing our economies.

The suit isn't going forward in the US, but rather in London. That's one of the reasons it is interesting.

The other is the argument they are making: that they were duped into the contract because of the position of the salesperson. They are claiming that ignorance of the contract's ramifications invalidate the contract as a whole and entitle them to reparations.

Any investor could sue, but very few can afford to prevail in a suit where the courts are as corrupt as those in the US.
Goldman (and all banksters) to all investors:
https://www.youtube.com/watch?v=JTF2j...