Alan: The normalized criminality of The Banking System, coupled with consequent mayhem, injury and death (particularly along the margins) is incalculably more damaging than the cumulative harm done by the entire demographic of low-life felons who inspire the wrath of "good, upstanding Americans."
These "good upstanding Americans" -- in large part professed "Christians" -- do nothing to curb the vility of plutocrats who have enslaved their psyches and corrupted their spirits. Good Americans' sins of omission rival their overlords' sins of commission.
These "good upstanding Americans" -- in large part professed "Christians" -- do nothing to curb the vility of plutocrats who have enslaved their psyches and corrupted their spirits. Good Americans' sins of omission rival their overlords' sins of commission.
The systemic criminality of The Banking System -- in conjunction with collateral shenanigans by The 1% -- is largely responsible for the socio-economic marginalization that drives "the marginalized" to commit low-life crimes in the first place.
Cowboy Capitalism is a perfectly tautological, self-replicating system that funnels ungodly riches to The Top while placing preemptive blame on the poor.
Most Americans cannot believe that Fortune 500 Companies are so cynical that they treat billion dollar fines imposed for deliberate, calculating felonies nothing more than a business expense - a smart way to turn pretty profits.
Cowboy Capitalism is a perfectly tautological, self-replicating system that funnels ungodly riches to The Top while placing preemptive blame on the poor.
Most Americans cannot believe that Fortune 500 Companies are so cynical that they treat billion dollar fines imposed for deliberate, calculating felonies nothing more than a business expense - a smart way to turn pretty profits.
Teddy Roosevelt: "Malefactors Of Great Wealth... Are Curses To The Country"
http://paxonbothhouses.
http://paxonbothhouses.
| Banks say practices that led to conspiracy charges will continue |
Several major banks pleaded guilty to a conspiracy to manipulate currency prices this week, agreeing to pay some $6 billion in fines. In letters to their clients Thursday about the plea, those banks then said that they would keep right on doing the very same things they'd been fined for.
The banks are permitted more or less to do what they want -- as long as their clients know they're doing it, explains Bloomberg's Matt Levine:
Whenever a wave of bank scandals breaks -- mortgage-backed securities, Libor, FX, "bond lies" -- an important theme is always the mutual incomprehension of regulators and the public, on the one hand, who find the banks' behavior obviously abhorrent, and the banks, on the other hand, who are like, "What? This? We've done this forever. We thought it was fine."...  
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