Cas Cleveland

SAMAALI MARIAM TCD

Cleveland vs Wall Street

Before giving my opinion on the conflict between Cleveland and Wall Street I would like to emphasize that my opinion is given following the vision of the film by the director Jean-Stéphane Bron, who assembles the defense lawyer of the evicted families, the real witnesses, a real judge, a real popular jury and also a real lawyer in charge of defending Wall Street, staging a process as it should have been. It may be that my judgment is not entirely objective and that I am not aware of sufficient information to give a definitive opinion.

For those who have not seen the movies and are not aware of the process, let me clarify your memory with a brief fable ... Once upon a time there were some very wealthy bankers who invented a very effective medium to become even richer: grant loans at exorbitant rates to a segment of the poor and insolvent population, to benefit from these loans grouped into shares of shareholders seduced by their profitability, thus completing by appropriating ownership of creditors unable to repay. Although this may lead some to judge me superficially, it does not matter. Someone must make this decision. I will try to be as clear and short as possible, in order not to make this case even more difficult. Now that we have clarified what we are talking about, I would like to share my decision about who could be the culprit or not of the Cleveland case against Wall Street.

In the film we can see how it is told in a more emotional way; the drama of the evicted families. However, thanks to the interrogations and the witnesses at the bar, the documentary remains in equilibrium even if it wants to hang clearly on the side of the weakest and we are shown how these people have lost their home, stability and found themselves on the road one day other.

I wish I could blame the twenty-one banks who have robbed, humiliated and deceived the people of Cleveland, the blame is never one-sided. Not that Iostia forgetting the inability of their brokers and the lack of professionalism and expertise of the banks in verifying the information given by the latter, not to mention their non-moral methods that consist of selling a group of taxes of interest to third parties in order to earn more than qunato they do not already put on the backs of people unaware of all this. Without forgetting that in this documentary there is a lack of a vision of the needs and ways of acting of the Wall Street companies. It must be remembered that the people of Cleveland had free will and that the decision to sign those contracts was theirs alone, no one obliged them to lie about their repayment capacity and even less to add other debts to pay those already existing. .

 Finally I remember that the fault is never one part and that the documentary is not without some forcing and many ingenuities, the lawyer who should defend Wall Street has only one argument that declines for each witness (the naivety of who has signed the loan while not being able to afford it), and lacking a serious counter that does something more 'than defend itself also lacks a greater vision of the needs and ways of action of the companies on Wall Street.
However, whether they wanted it or not, what ultimately seems to pass with more force is the American population's push to continue spending, despite this cost their debts on debts, supporting a mentality that perhaps today no longer has any reason to exist. Those who declare themselves evicted and harassed by an unjust mortgage, at the same time they are willing to make other debts so as not to give up spending and many of the judges believe they have to absolve Wall Street to perform the capitalist system as a whole.

Finally, I find it interesting when a repertory video is shown during the last election campaign in which Barack Obama promised to the people of Cleveland that he would have paid for those who had defrauded them, while the chronicle, as a caption explains, has then told another story: the banks were rescued by the state and the population of Cleveland forgotten.

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