Originally posted by: chess9
Originally posted by: alchemize
Originally posted by: chess9
That's a very good piece! I loved the bit about "why don't we throw your ass in jail".
Here's my list of candidates for jail:
1. Paulson;
2. Graham;
3. Geithner;
4. Bush;
5. Greenspan;
6. Cassano;
7. Greenburg;
8. Blankfein;
9. C.K. Lee;
10. Donaldson;
11. Cox;
I'll give Obama a pass, but he's close to needing an old-fashioned Orange Jump Suit.
-Robert
It was a good piece. Say, when did Bush sign the legislation that Gramm pushed through?
Yeah, good point. Make it a dozen and add Clinton to the list.
Fat chance we'll see any of those crooks go to jail.
-Robert
Hence the need for this sort of thing:
Originally posted by: Phokus
Like i said, take AIG's former CEO, draw and quarter him, put his head on a pike, and put it in front of the NYSE. Wall Street jackoffs love the reward without much personal risk. Lets put the risk back into the equation.
If they ever would find themselves in jail, you can bet that it'd be a nice resort style jail, with luxuries most middle-class Americans don't have.
It'd ultimately be a show. "See? We're like, totally punishing them! Really!"
Then they get let out in a few months for good behavior.
The beauty of these economic scams is that it takes awhile for the economy to respond to things. Do something drastic today, and the stock market may hiccup slightly, but the rest of the economy takes months or years to fully realize the effects. That means that you don't trigger any kind of Pavlovian response in the populace. Their ability to associate is short-term. If you whack someone in the head and they don't feel the pain until 5 years later, that person isn't going to hit you back, or even know what hit him.
I see the same thing here. This bullshit has been brewing since at least 1996, when the DOW started skyrocketing, very much out of its previously linear growth rate. Now the wealthy and connected have even more wealth. Then those with much less then look to TV, which is of course controlled by those very same wealthy individuals, to tell them who's to blame for the scams.
The problem with that old style "mob justice" or civil disobedience stuff is that it needs to be unified. If just a few people start it, they get arrested and nothing happens. Lots of people need to do it at once, and do so in a way that those high-ups genuinely feel that their very lives are at risk. Civil protests only work if those in power are
willing to let the status quo change.
</rant>
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