Kunstler - "Something Happened"

``The great triumph of Ben Bernanke was to engineer a fix that rendered trust and good faith irrelevant. That was largely accomplished, in concert with the executive branch of the government, by failing to prosecute banking crime, in particular the issuance of fraudulent securities built out of worthless mortgages. In effect, Mr. Bernanke (and Barack Obama's Department of Justice), decided that the rule of law was no longer needed for the system to operate. In fact, the rule of law only hampered it. Mr. Bernanke now says he "regrets" that nobody went to jail. That's interesting. More to the point perhaps he might explain why the Federal Reserve and the Securities and Exchange Commission did not make any criminal referrals to the US Attorney Genera...''