It’s long past time to get really mad.

Thanks to the Objective Justice blog for this:

The Mayor of Cleveland has decided that even though he believes that cracking down on drug-dealers withguns will cause more violence in the streets, it will be worth it in the long run.

From The Plain Dealer:

Mayor Frank Jackson doesn’t want to see more deadly car chases and shootouts between cops and suspects, but under his new police plan, he expects them.

Jackson told the police this week to be more aggressive in targeting gun-toting drug dealers. He has said repeatedly that he expects there to be violent, perhaps deadly, run-ins between police and criminals.

“This is not a game,” Jackson said Wednesday. “People are killing each other. We expect more confrontations.”

In comments made by Cleveland Mayor Frank G. Jackson during a press conference announcing his lawsuit against major New York banks for creating a public nuisance. The banks sued include institutions such as Deutsche Bank, Goldman Sachs, Merrill Lynch and Wells Fargo.

From United Press International:

The mayor contends the companies irresponsibly bought and sold high-interest home loans to people who had “no realistic means of keeping up with their loan payments,” resulting in widespread defaults that depleted the city’s tax base and left entire neighborhoods in ruins, the Cleveland Plain-Dealer reported.

City officials hope to recover hundreds of millions of dollars in damages, including lost taxes from devalued property and money spent tearing down or boarding up thousands of abandoned houses.

“To me, this is no different than organized crime or drugs,” Jackson said in an interview with Plain Dealer reporters and editors. “It has the same effect as drug activity in neighborhoods. It’s a form of organized crime that happens to be legal in many respects.”

I think the central banks have finally outplayed their hand making our banking and monetary system a real issue again.