Bernie Sanders: In America, "Fraud Is A Business Model"

Alan: Not only is "fraud a business model," paying multi-billion dollar fines is "baked into" the strategic planning of most big corporations and is written off as "the cost of doing business." 

To Joe Blow, "billions" sounds like a lot o' money.

But to corporate America, billions are the coins lost in the couch cushions.

Relative to the ungodly profits wrought by fraud, "billions paid in fines" constitutes a single digit business expense when viewed as a percentage of fraudulent earnings.

As long as corporate felons are not held accountable with actual prison time they would be fools not to act like the criminals they are.

In the metier of Fortune 500 America, multi-billion dollar fines are no skin off anyone person's nose since the cost is passed along to consumers and shareholders.

Profits are personal but losses are "socialized."

Best of all, multi-billion dollar fines insure that the felons behind corporate criminality never go to prison.

They have carte blanche and know their wallets are stuffed with "Get out of jail free" cards.

Iceland Does What The U.S. Won't: 26 Top Bankers Sent To Prison For Role In The Financial Crisis

http://www.rawstory.com/2015/10/iceland-does-what-the-us-wont-26-top-bankers-sent-to-prison-for-role-in-financial-crisis/

"Politics And Economics: The 101 Courses You Wish You Had"

http://paxonbothhouses.blogspot.com/2012/01/politics-and-economics-101-curricula.html

"Plutocracy Triumphant"

Cartoon Compendium

http://paxonbothhouses.blogspot.com/2014/05/plutocracy-triumphant.html

Compendium Of Best Pax Posts: Plutocracy, Economic Inequality & Collapse Of Conservatism

http://paxonbothhouses.blogspot.com/2015/03/compendium-of-best-pax-posts-on.html

Pope Francis: Quotations On Finance, Economics, Capitalism And Inequality

http://paxonbothhouses.blogspot.com/2014/04/pope-francis-on-finance-economics.html

Teddy Roosevelt: "Malefactors Of Great Wealth... Are Curses To The Country"

http://paxonbothhouses.blogspot.com/2014/09/teddy-roosevelt-malefactors-of-great.html

Why Are Americans So Poorly Paid. This One Chart Will Even Shame The 1%

http://paxonbothhouses.blogspot.com/2015/02/why-are-americans-so-poorly-paid-this.html

Inequality: Joseph Stiglitz Brilliant Reflection On Obama's State Of The Union Address

http://paxonbothhouses.blogspot.com/2015/01/inequality-joseph-stiglitz-brilliant.html

"Of The 1%, By The 1%, For The 1%,"

Nobel Laureate Joseph Stiglitz

http://paxonbothhouses.blogspot.com/2015/02/of-1-by-1-for-1-nobel-laureate-joseph.html

"The Pitchforks Are Coming... For Us Billionaires," Amazon Financier, Nick Hanauer

http://paxonbothhouses.blogspot.com/2014/06/the-pitchforks-are-coming-for-us.html

Bizillionaire Nick Hanauer: Why Money Doesn't Trickle Down

http://paxonbothhouses.blogspot.com/2014/09/billionaire-capitalist-nick-hanauer-why.html

Bizillionaire Nick Hanauer Calls For Radical Wealth Redistribution

http://paxonbothhouses.blogspot.com/2015/02/zillionaire-nick-hanauer-calls-for.html

Bloomberg News: Keystone Pipeline's Policy Significance Now Close To Nil

http://paxonbothhouses.blogspot.com/2015/02/bloomberg-keystone-pipelines-policy.html

The Detroit Bailout Has Produced 400 Times More Permanent Jobs Than The Keystone Pipeline Will

http://paxonbothhouses.blogspot.com/2015/03/detroit-bailout-has-already-produced.html

Each Senator Who Voted For Keystone XL Got $250,000.00 From "Big Oil"

http://paxonbothhouses.blogspot.com/2015/02/each-senator-who-voted-for-keystone-xl.html