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Created
Fri, 31/05/2024 - 23:00
Convicted like you’ve never seen before It’s a first America doesn’t need, and yet it does. The Washington Post reports yesterday’s news: Donald Trump was convicted Thursday on all 34 felony counts of falsifying business records in his New York state hush money case, becoming the first former U.S. president to be tried and found guilty of a crime. All of America watched in the aftermath of the Great Recession as its architects in the finance industry took home bonuses even as they took back the homes of families to whom they’d sold “No income, no asset” (NINA) loans, a.k.a. “liar loans.” The Department of the Treasury under Barack Obama “foamed the runway” for the banks to prevent hard landings in the crisis. But it left homeowners out in the cold. The Department of Justice looked the other way.