Friday, December 9, 2016

Criminalizing Corporate Crime and Malfeasance


Famously, Don Corleone said in the novel The Godfather that one lawyer with a briefcase could steal more than a gang of thieves with guns, or words to that effect.

Of course, everyone knows this is true. The egregious corruption of our justice system, from top to bottom is well known. Whether it has always been that way or has gotten worse in the last 3 or 4 decades is not known to me, but in the interest of helping our poor, stupid, and corrupt political elite in matters that should be obvious, we are going to make a few comments.

Dear Stupid Politicians,

If you do not start fixing the justice system, you are going to see a blowback that makes the Globalization / Trump debacle look minor in retrospect.

Everyone has noticed, and I mean everyone, that our justice system is grossly unfair and biased in favor of the rich. A poor man can go to jail in Alabama for life for stealing a stapler, but not even stealing billions of dollars on Wall Street and causing the collapse of the world economic system is a cause for even the most modest reprimand.

But if you keep ignoring what the people think, and keep kicking the can down the road while chortling to yourself that you got away with it again, one day this is going to blow up in your face. This is a specific example of the more general "failure of the cultural myth" or "failure to believe in a nation's institutions". It means that people start believing conspiracy theories, even the most ludicrous, and never believe anything that a politician tells them. You don't want that, although it may already be too late as The Donald Trump Disaster demonstrates.

What can you do about this?

In a nutshell, when a corporation commits a crime, people should go to jail. And I do not mean the little people here, say, for example, the 5,000 people that Wells Fargo fired after a decade of crime. We mean the top executives, all of them, and for a reasonable period of time depending on the extent of the crime.

Specifically, this includes the people on Wall Street whose incompetence and greed caused the financial collapse. Put them in jail. This means the executives at Volkswagon, to the very top, who of course knew all along that they were committing fraud with the EPA Decepticon software. This means the Exxon executives, who suppressed research reports on global warming and funded fake science to attempt to delay action on global warming. This means the Wells Fargo executives who stole money from their clients. This means AT&T who was caught stealing $88 million from customers. I suspect that is the tip of the iceberg. Put them in jail.

Put them all in jail.  Yes, even the ones who gave all that money to your reelection campaign and that you have been protecting all these years behind the scenes.  Even those executives you play golf with.  Even them.

Furthermore, if our government can seize the assets of middle class people who have not even been accused of a crime, then civil asset forfeiture could surely be applied to such people as Exxon executives or Wells Fargo executives. Just think of all the good you can do with that extra $100M from the Wells Fargo CEO who of course knew all along that his company was stealing. 

We all know that "statute of limitations" is nothing more than a way of exempting rich criminals from facing the penalties of their crimes.  People figured that out long ago.  So when some stooge quotes "statute of limitations" at us why a criminal corporation can not be prosecuted, we know we are being lied to again.

We dont care that you failed over the last 60 years to make the criminal code correspond in the least to fairness here. We know you are in the pay of the worst criminals / executives. Put them in jail anyway and fix the criminal code while you are at it. 

Of course you wont do it. You are as corrupt as they are. But you have been warned, so dont pretend innocence when this blows up in your face.  

Global Wahrman


Article on AT&T Stealing $88 Million

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