Friday, September 26, 2014

BANK ROBBERS

Yesterday, people robbed banks. To name a few.....

                                           Jesse James
                                           Butch Cassidy and the Sundance Kid
                                           Ma Barker
                                           John Dillinger
                                           Willie Sutton

Today, banks rob people. To name a few.....

                                           Countrywide
                                           Bank of America
                                           Goldman Sachs
                                           Merrill Lynch

Yesterday's bank robbers went to jail or were killed. Today's bank robbers buy their way out.

Today's bank robbers engaged in sleazy mortgage schemes that broke the economy. They were and are white collar criminals who don't carry a gun. They use money and influence instead. Their actions have resulted in thievery on the highest scale to the detriment of millions of Americans.

Today's bank robbers do not go to jail. Again, they buy their way out. An example being Bank of America's recent civil settlement with the U.S. government to the tune of $16.6 billion. A new form of crime and punishment.

Iceland had a similar problem. The government wanted to bail the banks out. The people said no. Bank leaders were arrested, tried and sent to jail. Iceland survived.

Jail is not in the mix as far as our government is concerned. Attorney General Holder said early on that banks were ".....too big to fail." He later added that the banks were ".....too big to prosecute."

American justice today for a sizable portion of the affluent 1 percent. Those who became extremely wealthy because of wrongdoing. Which means if you are rich enough, crime pays.

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