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MrMickeysMom

(20,453 posts)
12. Bad idea...
Sat Feb 16, 2013, 09:22 AM
Feb 2013

Just because you are a banker in a position to manipulate markets, doesn't mean that's a good idea. These kings drive bets against the market resulting in the middle class into insolvency, it doesn't mean that what you do as a banker doesn't effect people's well beings... their lives. Its has and it still does.

Don't you realize that the kind of manipulation that has been unregulated results in the kind of financial terrorism that wipes out whole populations of citizens who try to live by the only set of rules for them in their neighborhood? What kind of social Darwinism do you call that?

Permanent loss of housing markets, leveraged gambling that the middle class and working poor pay for.. this is an example of putting people out on the street and killing off whole populations. It kills generations with far reaching long term effects. It feeds the "war on drugs"... It feeds the gun industry.

You don't play with whole populations like that and have a sliding scale penalty fee adjusted. Criminals like that are the worst kind because of the power they have to convince others it's fine to adjust your penalty fee!

These guys should be perp walked, and put away for a long time. Maybe they should know what it's like to have a daily dose of abuse themselves up their shfing-shfing.

Recommendations

0 members have recommended this reply (displayed in chronological order):

No...... sendero Feb 2013 #1
In the end it's not their money so they don't care about the fines, putting them in jail works uponit7771 Feb 2013 #2
It's not one or the other, you can fine them and jail them at the same time. nt bemildred Feb 2013 #3
it should be both, imo. nt xchrom Feb 2013 #6
Precisely. Criminals get fines + jail time all the time. jsr Feb 2013 #9
a long jail sentence is a far greater deterrent than any fine. Scuba Feb 2013 #4
It's such a great deterrent, however... randome Feb 2013 #11
So we should not send people to jail because they'll just find more ways to game the system? Squinch Feb 2013 #16
I don't know. Maybe a heavy fine combined with removing said person from the same position... randome Feb 2013 #17
But why not jail? They committed crimes. You or I would go to jail if we did that. Squinch Feb 2013 #18
$600,000 in fines to a Bank? Ichingcarpenter Feb 2013 #5
To prevent cheating, you have to not only get rid of cheater, but stop other cheaters afterwards graham4anything Feb 2013 #7
"So, what's the worst that could happen to rich people? Becoming poor people. " ProSense Feb 2013 #8
Couldn't disagree more Cirque du So-What Feb 2013 #10
Bad idea... MrMickeysMom Feb 2013 #12
Jail everyone on the payroll. EastKYLiberal Feb 2013 #13
Seems like bernie madoff is the only one to do jail time. mucifer Feb 2013 #14
Exactly Cirque du So-What Feb 2013 #15
Bernie Madoff was piker compared to these other bankers freethought Feb 2013 #19
Ask Bernie Madoff shanti Feb 2013 #20
100k people could've gone to jail under the robosigning scandal. joshcryer Feb 2013 #21
Latest Discussions»General Discussion»Elizabeth Warren is wrong...»Reply #12