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12:16 PM on 08/19/2009
Europe used to groan under the weight of a titled nobility, beyond all laws except their own desire. Now WE'VE got such an aristocracy - but at least there is a framework of law, and a possibility of redress.

Expand the RICO statute and seize their fortunes. Turn them into what they fear the most - regular people!
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TobyB
12:40 PM on 08/19/2009
They're just trying to not pay their taxes. Isn't that the "American Way"? Don't you know those libs are just engaging in Class Warfare?
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01:06 PM on 08/19/2009
That is a great idea ! But can you prove there was racquetteering?
03:03 PM on 08/19/2009
All you have to prove in RICO trials is "participation in a conspiracy" which includes "keeping your mouth shut" when you have knowledge of a crime being committed.
Phil and Wendy Gramm are both guilty of one of two things;
a) Knowledge of the criminal acts being committed in their companies and not telling anyone about it (RICO crimes.)
b) Stunning incompetence in their jobs for which they should have been fired and had their compensation "clawed back" by the shareholders.
Pick one.
12:14 PM on 08/19/2009
In my opinion, there are soooooo many dirty hands in this whole scandal.

We ought to be hiring those who have been let go by these swindlers and let them have at it--search the crooks' books, emails, connections.

I don't think our country has ever been in such bad moral shape as it is now.
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edva
Capitalism vs Humanity
12:06 PM on 08/19/2009
Gramm is a tool of the mega-rich, their inside man. He is in this up to his neck. Mega-guilty.
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TobyB
11:54 AM on 08/19/2009
He was a primary player in defeating Healthcare Reform in 1993. As is the case now, he and his GOP cronies including Newt Gingrich, had 0 ideas of their own to address the ongoing cost problems; they simply said "No".

Since that time, his friends have made and stashed away millions, if not billions, on out of control healthcare cost, while those very cost nearly destroyed the US auto industry and untold personal financial devastation(s).

What a Patriot. Please, stay on this story Robert.
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11:54 AM on 08/19/2009
unsavory
banking
senator
11:47 AM on 08/19/2009
Gramm and his wife (Mr. UBS and Mrs. Enron) did an enormous amount of damage to this country. Perhaps it was all in a day's work for a republican politician.
11:47 AM on 08/19/2009
Gramm is too rich and too connected to ever, EVER, be investigated much less prosecuted. Remember, this is America where the rich live by a different set of laws than the rest of us. And if you're rich AND a former Senator, well, you are untouchable. I predict this release of names will never happen and even if it does, the names will remain secret and even then there will be no prosecutions. It is a well accepted tradition in America that the rich do not pay taxes even if they owe them. Taxes are for wimps.
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danusgram
aww the flowers of spring are the best
12:46 PM on 08/19/2009
nop[e it is of public record and under federal guidelines their names have to be released. Gramm is not immune from prosecution believe it. Those who he is connected with will throw him to the wolves to save themselves
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BluestateGuyInTX
A Connecticut yankee in Emperor Bush's Town.
03:16 PM on 08/19/2009
Tell that to Randy Cunningham. I'm glad if he thinks he is immune. That will make him incautious. Let the prosecutions begin.
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Spiritgirl2
11:41 AM on 08/19/2009
"Was Gramm truly unaware of the widespread efforts at UBS to defraud the U.S. Treasury?"

As someone that has continued to brag about his financial acumen, and helped the Corporate Oligarchy to rip off America - naivety is not even part of what it was! It was hubris, avarice, his own sense of self-importance, and an utter loathing of "the average American" that he feels is beneath his contempt!

These people need more than a "perp-walk" they should personally be forced to repay us all, and work in a low-wage job for $1.00 a day!
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edva
Capitalism vs Humanity
12:09 PM on 08/19/2009
Making license plates.
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drkazmd65
Mom Taught me - Question Everything - Thanks Mom!
01:20 PM on 08/19/2009
Presonally,... I would prefer they do something useful,... like picking the recyclable bits out of trash before the non-recyclable bits are landfilled, or incinerated. Perhaps manning the line a a soup kitchen and getting paid in food, a roof over their heads, and while recieving minimalist healtcare.

Preferably while wearing bright orange jumpsuits, and doing their time doing community service.
mamalisa38
I love you Thomas and I miss you like crazy RIP
11:33 AM on 08/19/2009
There's the money to pay for single payer health care for all.
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garymc8
Warren 2016. Lets D-(R) america one state at a ti
11:33 AM on 08/19/2009
Those Texans sure know how to crank out the most DISGUSTINGLY DISHONEST AND GREEDY politicians in the country. I guess everything is bigger in Texas, we know their liars are. Thats why I'm an Ex-Texan who left in '79.
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texrednface
12:57 PM on 08/19/2009
Well, you have a point...Texans elected him (I never ever voted for the man), but can I please just say in our defense: Gramm is originally from Georgia.
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Cautious
11:28 AM on 08/19/2009
"I have a strange combination of experiences that a lot of people don't have... knowledge of economics, a knowledge of government policy."

AND A KNOWLEDGE OF HOW TO F***ING ROB INNOCENT PEOPLE AND HELP ALL MY FRIENDS DO IT TOO.

I would love to see this man do time.

On a lighter note, did anyone actually ever see Kenneth Lay's expired remains? I mean, he was supposed to go to the slam, but supposedly he died just before he was supposed to start his sentence. How do we know Kenneth Lay is not in Switzerland?
12:35 PM on 08/19/2009
That's no small comment. There's a whole lot fishy about Lay's death, and I have much family in Houston, and nobody believes he's dead.
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Cautious
01:42 PM on 08/19/2009
No s***? Please find a way to tell me more. How do we do this networking thing? Please expound freely here.
12:58 PM on 08/19/2009
His name will be in the docs if he made it to Switzerland. Check under Ken Toast.
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progressivegreg
Scotty, beam me up
09:55 AM on 08/19/2009
Considering the harm Gramm has done to this country I think a "perp walk" would be in order for the man who gave us Enron and helped push California to the brink of bankruptcy as well as a "Terminator" governor!