The failure that lurks behind kick the can tax reform.

America saw back in 2007 and 2008 how well the market disciplined against the outcome.
In addition we saw market forces that should have rendered unbaked writing of credit protection in the form of CDS and similar contract unmarketable. 

So why didn't the market work to prevent the concentration

 of risk and issuance of worthless securities? 

The answer is found in the fact that the government allowed market participants to Readily Lie and Get Away with it by Backstopping them against losses. 

When Continental Illinois failed in the early 1980's the (FDIC) to bail out bond holders began the destruction of market discipline. 

Later, during the Latin american debt crisis the fed once again acted to destroy the markets clearing function. 

Rather than force the reorganization of all the large banks that were insolvent, they intentionally ignored bad debt to let them earn their way out of the hole. 

These actions eviscerated market discipline, as there was no need for people in the market to analyze Risk , nor was there any Financial Penalty associated with buying a bank-issued bond, even if the bank engaged if Foolish Lending Practices.

In short by principle what went around fundamentally came back around for more by character under governments decree that those who who lent capital to these large institutions did not have to pay attention to what these banks were doing with their money, as they would be protected from the consequence of bad investment.

About Corporate Rap Sheets.

Current Inventory of Corporate Rap Sheets.

The argument for leniency and assistance lies in the premise that one learns through mistakes, and if not permanently blemished, the offender can and will reform. 

This may be true in some circumstances with youthful offenders of the law, but it is almost never true when it comes to Corporate Actors and Government. 

King Hezekiah came to the throne in the wake of his father's disasters, and with the memory the glory days of his grandfather King Jotham, who still reigned when Hezekiah was a child. Rightly concluding that these hardships had come upon Judah because they had abandoned the LORD, Hezekiah instituted the most sweeping religious reforms of all the kings before or after him. As a result, during his 29-year reign he was successful in everything he did — no small accomplishment, given the very difficult times during which he reigned.

Is God answering our prayers? Discover the vital key to answered prayer.

Judas styled financial control flavored by Avarice is the main catalyst behind most every Greed offense maintains America stays Weak.

Control Fraud occurs when those in charge of an institution optimize the firm for the purpose of Looting Shareholders, Creditors, and The General Public. 

Deregulated control that summons fraud becomes especially destructive when those involved in management of the involved firms become Intertwined with Government.

When combined with governments revolving door, these executive and their underlings enter into a Blind Trust then wind up in government regulatory roles, where they can willfully avert their eyes. 

1.) A full litany of the sins of regulators and prosecutors in the form of intentional and willful blindness beyond the scope of study.

Example: the intertwined mess that emerged in 2007 and 2008 although outraged the people government granted licenses to loot anyway in no regard.

2.) Where history shows Trillions of dollars in economic damage done to the economy, most of it in the form of alleged appreciation of assets that never actually happened. 

Question: Why did our government spend more than 4.5 Trillion in borrowed money in a futile attempt to cover up and bury the intentional acts of those who looted the public during assorted bubbles rather than expose and prosecute those responsible and  compensate those who were harmed? 

3.) Congress has also been complicit in hiding the Truth. 

Example: A hearing was held on March 12, 2009 in which was literally told the accounting standards board, FASB, to change their rules for fair value accounting was insisted upon that such should be under the law allows to hold assets at other than market value and it FASB did not do what was wanted Congress would legislate to force the desired change. 

4.) Why do Political parties and politicians alike remain delusional?

A point toward query: Not only was the cost behind indiscretion back in 2000 impossible for boomers children and grandchildren to bear but also the current 2017 tax reform bill adds insult to injury through self deceptions engaged, prophesy, cannot last another 10 or 20 years unless God himself was sought to help them deal with the excessive economy debt that could only force itself into the open and cause the collapse of both the economy and the political system of nation. 

Thus far, however, although extremely important that this kind of integral Candor continues to intervene and educate John Q. Public America it should come as no real surprise to patriotic statesmen under the light of the Examen why corporate- owned media, with precious few exceptions avoid Truths Arena like a Plague.