It’s long past time to get really mad.

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.

You all know Cramer’s going to vote for Ron Paul, how about you?

I can’t believe that let him get away with this. Don’t be surprised if Jon Stewart gets busted by the cops or drawn into a scandal. These banking guys don’t fuck around when it comes to people who even think about interfering with “their” system.