The most amazing thing about the Justice Department’s new guidelines on prosecution of corporate crime is that the DOJ is effectively acknowledging there was a big problem with how it did things before.
Yes. As these criminalized institutions now perpetrate financial mega-crimes measured (literally) in the $trillions, we have the so-called Justice Department claiming it has been too hard on this financial crime syndicate. Yes. Presumably if the DOJ hadn’t taken its previous, supposed “tough love” approach to these financial criminals, they would now already be perpetrating multi-QUADRILLION dollar crimes. And the U.S. government certainly won’t stand in the way of “progress”.
Supposedly, giving these fraud-factories microscopic fines as their sole punishment was being too harsh – when it comes to enforcing the law. Let me reiterate; we have the U.S. Department of Justice effectively implying that even its previous, token enforcement of laws against financial crimes was impeding the (crimes of the) financial sector. In the United States of Crime, any time there is a conflict between “law” (the Rule of Law) and “profit” (the proceeds of crime), the U.S. Department of Justice sides with profit -- i.e. the criminals.
More
More
look into CIVIL ASSET FORFEITURE
ReplyDeleteIts time to let them stand on their own or go under no more taxpayer bailouts.
ReplyDelete