Lying Eyes takes note of Eric Holder’s white collar crime priorities:
It’s not even ironic that in the wake of a massive financial crisis driven by the Federal government’s relentless pressure on lenders to relax lending standards and make more home loans to minorities, one of the few actions Eric Holder’s Justice Department has taken in this sphere is to charge a bank with unfair lending practices to minorities. And not just any bank, of course, but the Typhoid Mary of minority-outreach lending, Countrywide. I’m not surprised – are you? No, I didn’t think so – saw it coming a mile away.
It’s not just that our powerful and otherwise efficient country can’t do anything, allowing riots at its malls, mass illegal immigration, and revolving door justice of violence criminals. Rather, it does some things well–making sure people with respectable jobs pay taxes, keeping businesses straight-jacketed by regulations, forcing the military to integrate gays–while it does others poorly, if at all. And it’s worse, the things it does poorly are essential and required of civilized societies everywhere at all times, while the assiduously enforced PC responsibilities are luxuries, if they are goods at all. And, finally, it’s pretty obvious who the good and bad guys are in this drama.
I think banking and the housing crisis are also intimidating to regulators because of their complexity. By way of comparison, the EEOC doesn’t even know how to do standard deviations. In this case, it’s comparatively easy for the DOJ to say: you, big bank, you are the bad guy for not giving money away to even more broke minorities than you already did. It’s a lot harder to look at how underwriting was done wrongly or how structural flaws in mortgage securitization led to over lending or how trade with China and low interest rates had much to do with this. Obama and Holder both do not seem particularly curious or quick to figure things out when it comes to the crimes of Wall Street. They’re still stuck on the obsessions of their youth, i.e., black power politics.
The inconsistencies of enforcement are far from random. We have a two tiered society and a two tiered government: tyranny for the traditional elites, the majority, the wealth producers, the middle class, and the generally law abiding, and preferential treatment and benign anarchy for the newcomers, the antisocial, the parasites, the swindlers (great and small), the lazy, and the crooks and criminals among them. It’s what the late Sam Francis perceptively described as “anarcho-tyrrany.”