Economy

JDPriestly

(57,936 posts)

94. Even playing hookey from school warrants more time in LA than the mortgage fraud that

Mon Jul 16, 2012, 04:42 PM

Jul 2012

was commonplace in these whereabouts during the early 2000s. To say nothing of the internet start-up scams in the 90s. Business crime is hard to prosecute. The defendants hire lawyers and there is just too much paper for busy prosecutors. Smoking weed or painting graffiti are much simpler offenses to prosecute. Not that people should get away with the minor offenses. It's just that it is absurd to punish little guys for lesser offenses and let the big guys get away with the big crimes.

I'm not a person who wants to punish every minor infraction or mistake. And goodness knows are prisons and jails are too full as it is and we spend far too much on criminal enforcement. But ????

How can we expect 15-year-olds in low-income neighborhoods to respect laws and ethical standards even if they disagree with them if bankers and hedge-fund managers who live in the Hamptons refuse to do so and get by with it?

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This message was self-deleted by its author [View all] AynRandCollectedSS Jul 2012 OP

Easy Easy ,it's thwarting it, that's the infograph , we need orpupilofnature57 Jul 2012 #1

Im still in the midst of Baingate fever at the moment. democrat_patriot Jul 2012 #2

It could be good for him... AynRandCollectedSS Jul 2012 #41

5 lousy recs is a good number here Voice for Peace Jul 2012 #76

This is good for Obama...... Swede Atlanta Jul 2012 #73

Yours is not the only post on this subject. westerebus Jul 2012 #3

I'd get excited if I actually thought DOJ would get off their ass and do something CanonRay Jul 2012 #4

Post removed Post removed Jul 2012 #14

Now THATS not fair. bvar22 Jul 2012 #87

U.S. considering criminal charges in Libor case Tx4obama Jul 2012 #15

Con-sid-er-ing CanonRay Jul 2012 #39

Read the ARTICLE not just the headline - they are BUILIDING CRIMINAL CASES... Tx4obama Jul 2012 #46

Thanks, Tx4obama! AynRandCollectedSS Jul 2012 #61

ONE BANK? And maybe an additional one or more? Is it too soon to break out the champagne? AnotherMcIntosh Jul 2012 #63

I'll leave it at this: I sincerely hope you are right. n/t CanonRay Jul 2012 #81

Shhh ... 1StrongBlackMan Jul 2012 #82

And once they are built hootinholler Jul 2012 #84

When they are done with that, they can start on credit-card swipe fees fraud: dixiegrrrrl Jul 2012 #85

LIBOR Investigation: Justice Department Building Criminal Cases Against Barclays, Others Tx4obama Jul 2012 #47

27 June 2012 westerebus Jul 2012 #71

The Feds as well as state and local governments got screwed on interest rates Warpy Jul 2012 #43

"The Feds as well as state and local governments got screwed..." bvar22 Jul 2012 #88

Of course we did Warpy Jul 2012 #92

What, they found some whistleblowers to prosecute? Jackpine Radical Jul 2012 #96

Not only is it likely that those at the DOJ will not do anything, they may be auditioning AnotherMcIntosh Jul 2012 #24

Maybe if they were caught smoking weed. progressoid Jul 2012 #53

O boy, that would bring on quite an investigation. midnight Jul 2012 #56

The "news" media certainly has a blackout on this ProfessionalLeftist Jul 2012 #5

Misanthrope Sycophant Monsters orpupilofnature57 Jul 2012 #8

Some understand, elleng Jul 2012 #6

Exactly! AynRandCollectedSS Jul 2012 #38

There was a front page article in the right wing fishwrap here in NM Warpy Jul 2012 #44

exactly amfortas the hippie Jul 2012 #79

No surprize here 3feetofsnow Jul 2012 #7

Jefferson warned us in 1812 orpupilofnature57 Jul 2012 #9

Exactly. It is really one of those "duh" moments. Live and Learn Jul 2012 #10

I think for me 2pooped2pop Jul 2012 #11

The Justice Dept. secondvariety Jul 2012 #12

Agreed. It IS huge. There will be trials. But it will long geckosfeet Jul 2012 #13

Maybe we are just jaded. Live and Learn Jul 2012 #16

+ 1 n/t ejbr Jul 2012 #23

MSM: "Can it fit in 30-seconds? Oh. Well... Next up, the latest with TomKat!" n/t Beartracks Jul 2012 #17

Kick! Fire Walk With Me Jul 2012 #18

I posted the graph in FB the other day. Lint Head Jul 2012 #19

Good for you! AynRandCollectedSS Jul 2012 #60

the British Conservatives are in bed with the big banks Rosa Luxemburg Jul 2012 #20

I'm sure that before this is over sulphurdunn Jul 2012 #21

Agreed. This case demonstrates the utter corruption of our entire JDPriestly Jul 2012 #22

Good Points. We also need a sitcom bonniebgood Jul 2012 #80

Even playing hookey from school warrants more time in LA than the mortgage fraud that JDPriestly Jul 2012 #94

Rec #49 Iwillnevergiveup Jul 2012 #25

K&R 'cause I'm already paying attention. I mention it and REC it every chance I get. patrice Jul 2012 #26

This message was self-deleted by its author bupkus Jul 2012 #27

I'm also working it on Face Book. Simplyfing as much as possible. Explaining. nt patrice Jul 2012 #28

Zzzzz Flying Squirrel Jul 2012 #29

and make it sexy. BlancheSplanchnik Jul 2012 #86

Once the discovery results become kitchen discussion Romneys association with the Oligarchy lostnote12 Jul 2012 #30

Rec #55 Rain Mcloud Jul 2012 #31

strong government oversight ? bvar22 Jul 2012 #90

Just as I misstated oversight in place of regulation neither does Rain Mcloud Jul 2012 #100

I'm always suspect when someone with a very low post count throws something up and Booster Jul 2012 #32

I have to agree. I also realize how important this LIBOR issue is. Curmudgeoness Jul 2012 #36

Sorry... AynRandCollectedSS Jul 2012 #40

If the OP is clearly written, bvar22 Jul 2012 #91

K&R hay rick Jul 2012 #33

Tie Romney to it and you'd jump to the to top of the greatest. Kablooie Jul 2012 #34

been following since it broke... madrchsod Jul 2012 #35

"WHAT DO I HAVE TO DO TO GET YOU GUYS TO PAY ATTENTION TO THIS?" A HERETIC I AM Jul 2012 #37

Maybe next time... AynRandCollectedSS Jul 2012 #42

Or you can just come over to the daily Stock Market Watch and Week-end Economist threads Tansy_Gold Jul 2012 #50

Still kind of learning the ropes here... AynRandCollectedSS Jul 2012 #57

Most people don't even know they were directly ripped off and further don't care just1voice Jul 2012 #45

Very true, and DemReadingDU Jul 2012 #66

It's all coming down. DeSwiss Jul 2012 #48

AynRandCollectedSS, pls snot Jul 2012 #49

Thanks! AynRandCollectedSS Jul 2012 #58

Why, thank you. snot Jul 2012 #83

Right-wingers will still ignore this. No matter how much damage it's done. brewens Jul 2012 #51

kick Angry Dragon Jul 2012 #52

Proud to be Rec. 100! Oldtimeralso Jul 2012 #54

Thank you! AynRandCollectedSS Jul 2012 #59

Time to Adjust! HIlton Brackett Jul 2012 #55

Huffp has this on its front page, albeit with a Geithner-bashing angle. SunSeeker Jul 2012 #62

Thanks. It's a great topic that will take little time. Festivito Jul 2012 #64

More here... AynRandCollectedSS Jul 2012 #67

Losing 50% of housing value did not wake people. Festivito Jul 2012 #69

I agree... AynRandCollectedSS Jul 2012 #70

PUT ON A RIDICULOUS HAT, WAVE A YELLOW FLAG WITH A COILED TURD ON IT, AND BLAME IT ON OBAMA. TrollBuster9090 Jul 2012 #65

Ha... AynRandCollectedSS Jul 2012 #68

No, I was being funny/sarcastic, and the joke was directed more at the MSM than anybody else. TrollBuster9090 Jul 2012 #72

Okay, sorry...GOT IT! AynRandCollectedSS Jul 2012 #97

"Coiled turd" OnyxCollie Jul 2012 #78

Yeah, I don't know why they bother with the Gadsden flags. TrollBuster9090 Jul 2012 #93

DOJ, Rule of Law, hahahahahahahahahahah! n/t Hotler Jul 2012 #74

Maybe if you knew how some of us could get a piece of that pie? raouldukelives Jul 2012 #75

Here's the Robert Reich post from a week ago about it: The Wall Street Scandal of All Scandals Hissyspit Jul 2012 #77

I generally don't pay much attention to posts that use phrases like 'oligarchs' and 'plutocrats'. grantcart Jul 2012 #89

We now live in a plutocracy ... earthside Jul 2012 #95

Precisely and thank you... AynRandCollectedSS Jul 2012 #98

See I took the question in your OP title seriously. grantcart Jul 2012 #99

First of all, stop shouting Doctor_J Jul 2012 #101