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Politics : Mainstream Politics and Economics
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TimF
To: Broken_Clock who wrote (50039)8/2/2013 3:06:39 PM
From: i-node1 Recommendation  Read Replies (1) of 85487
 
>> Without real penalties, like say, hanging a few bankers in front of the New york Stock exchange on national TV, nothing will change.

We are supposedly a nation of laws, and the law is that we don't hang people for fraud, and we don't punish them at all unless it can be proven. Fraud can be very difficult to prove as the prosecution generally has to show intent, which can be hard or impossible, even if fraud did occur.

But while we're on the topic, what do you think about Obama's collusion and duress in extorting money from the lenders (which was then given to the unions) in the GM bankruptcy? Do you think he should be hanged on Wall Street for that?
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