Al D'Amato Quotes
There is something inherently wrong with having to pay a bank to give you your own money.
Alphonse D'Amato, U. S. Senator (Republican, NY), "Ask Alfonse," George, August 1999
Sourced by: Eigen's Political and Historical Quotations
The recruitment was successful and Michigan farm country became one of the hotbeds of the small but loud and virulent Posse Comitatus movement.
There were little controls over usury in his time in India. Villagers often paid 500% or more to borrow money in a necessity like needing critical health care.
After the Great Recession the Mexican bankers, like their American counterparts, tightened their credit standards so much that the only people who could get loans were the ones who didn’t need it. If banks do not make loans, it matters not that they are solid institutions that are well capitalized.
The savings and loan crises became clear shortly thereafter.
Many companies appear to be doing much better than they really are. Often they employ PR professionals to create that impression. Some companies are not even solvent, but the only way we can all tell is to have a recession generally or in that particular sector—the equivalent of the tide going out.
At this time it was 6 years after the Home Financing Crisis and the Meltdown of 2008 and despite tens of thousands of law violations by the bank, the Justice Department was finally finishing their investigations and requiring some penalties. Other negotiations with other banks were in progress, but no bank executives were going to jail for the millions they handled fraudulently, whereas a burglar who stole household goods would do jail time.
During this crises, the taxpayers of America had to bail out most of the largest banks in the country whose profligate investment strategy had squandered their depositors and other customers money as a result of the spiral to reap higher and higher profits until they collapsed with the executives making millions in bonuses when their banks were losing money. They put millions of people out of work, and their greedy policies crashed the housing market and then the same banks evicted millions of families when the banks foreclosed on their mortgages with thousands of bank officers committing felonies in the foreclosure processes. This was to Blankfiein and many of the other leading bankers, “God’s Work”.
Alfonse Marcello D'Amato is an American lawyer and former New York politician. A Republican, he served as United States Senator from New York from 1981 to 1999. He subsequently founded a lobbying firm, Park Strategies.
