What holiday are summer sausage and graham crackers associated with?
OK, here’s some fantasy justice.
Feds need to make fines in cash, NOT stock options.
They need to demand a punitive PERCENTAGE of the perpetrator’s income in fines, rather than an arbitrary slap-on-the-wrist dollar amount. If you refuse to pay within 15 days and have sheltered your liquid assets in hard-to-reach offshore accounts, then go directly to the Fed-pen delousing station and prepare for your new life of bunkmate subjugation.
When the media reports these things they should also place the penalties in context.
- Explain the dollar amount of the fine.
- Compare the amount relative to the perp’s income.
- Compare the behavior of the white-collar scumbag to a baseline prison sentencing for criminal acts such as theft.
EXAMPLE:
“Bankster Jones was fined $50 million dollars in stock options which were essentially worthless after the stock lost value. The net result is that Jones paid out only 3% of his income in fines, with no chance of criminal penalties or jail time. Typical penalties for criminal acts such as grand theft include 20 years in jail for every $100,000 dollars stolen. This means that Banker Jones could have received 500 years in jail time if convicted upon equivalent charges.”
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The Feast of Saint Anthony the Abbot
Feast day: January 17
Patron saint of butchers
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By dissolved, I meant corporate charter revoked. But yeah, kill it many times over sounds good too, lol.
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There was one time when I was in high school that my mom mentioned she couldn’t remember whether a million or a billion was larger, and by how much. I think it truly just looked like $BigNumber to her. And she isn’t dumb (Associate’s degree, and was in top 10% of her high school class, for example). I agree that news organizations aren’t willing to educate their audiences on these kinds of scale problems, but… I wonder how deep the problem goes, and what a real solution looks like.
@anon28219805: No argument there. just keep in mind that applied widely this leads to article headlines like Finland, home of the $103,000 speeding ticket. Except scaled for US inequality, fines for the very rich equal to a few days’ up to a few months’ income could be orders of magnitude higher. Not that I’d complain, but it looks shocking to a lot of people who have trouble with scale, and don’t realize that would mean less to them than a few hundred dollars means to most of us.
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Here’s a solution!
Police departments and federal agencies across the nation are feeling the sting of backlash against “civil forfeiture”… X bankster has millions in ill gotten gains… Time to seize some properties and accounts etc… Surely this is money that was involved in a crime? Surely more probable cause and reasonable suspicion than some random dude who just happens to have a few grand in cash…
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…while the 0.1% have their personal pastry chefs throw together a quick baguette, before getting their helicopter chauffeur to deliver it.
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