What will your defense be if or :when your bank walks into court with a pile of invented documents?

What will your defense be against a future lawsuit for a credit card debt or a foreclosure,when your bank walks into court with a pile of invented documents?Will you wish then that you'd fought harder for Bank of America to be punished now?

And the state's decision to allow Bank of America to pay a middling, $137 million fine for the rigging of bids for five years of municipal bond issues - a very serious crime that robbed taxpayers of millions in revenue, and incidentally is exactly the sort of thing we used to put mobsters in jail for, when the rigged contracts were for cement instead of bonds - may mean that down the road, all municipal bond issues will be rigged.

In recent years, Too-Big-To-Fail banks like Bank of America and Chase and Wells Fargo have been caught rigging the bids for financial services in dozens of municipalities nationwide. Worse, these same banks have repeatedly been let off the hook by regulators, who rarely seek jail sentences for the offenders, and more often simply apply fractional fines to the companies caught. This behavior, if left unchecked, will ultimately mean that we will all have to pay more for our roads, our traffic lights, our sewers, in fact all public services, as the banker's secret bonus will soon become an institutionalized part of the invoice. And it'll be our fault, because we didn't do anything about it now.

The only way to prevent this kind of slide to total lawlessness is to break this unhealthy relationship between bank and government. It would be a great sign of America's return to healthier capitalism if we could allow one of the worst of public-private monsters, Bank of America, to sink or swim on its own, in the free market.http://www.readersupportednews.org/opinion2/279-82/10693-focus-bofa-raging-hurricane-of-theft-and-fraud

When Paul Ryan and others in Washington start doling out austerity for the 99 percent just ask yourself why he and the 1% in Washington have no problem with the trillions in Welfare fraud from banks like BOA? Or why no Austerity for the banks or elected officials? Just more raises, vacations, best public health insurance, and retirement too...