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kpete

(72,038 posts)
Wed Oct 7, 2015, 10:12 AM Oct 2015

Bernie Sanders wants Wall Street execs jailed for 2008 financial crisis

Bernie Sanders wants Wall Street execs jailed for 2008 financial crisis

_“It is an obscenity that people in this country are getting arrested at near record rates for smoking marijuana, but not one Wall Street CEO has been prosecuted for triggering the Great Recession in 2008,” he said. “Millions of Americans lost their jobs, homes, life savings and ability to send their kids to college because of the greed on Wall Street. We can no longer tolerate a criminal justice system that treats Wall Street executives as too big to jail when their actions have ruined the lives of so many Americans.”_


http://m.washingtontimes.com/news/2015/oct/6/bernie-sanders-wants-wall-street-execs-jailed-2008/
93 replies = new reply since forum marked as read
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Bernie Sanders wants Wall Street execs jailed for 2008 financial crisis (Original Post) kpete Oct 2015 OP
something that was promised back in 2008 marym625 Oct 2015 #1
yeah!! now thats what i'm talking about! restorefreedom Oct 2015 #2
Couldn't agree more in_cog_ni_to Oct 2015 #3
Don't worry, ejbr Oct 2015 #16
People in hell want icewater, it ain't gonna happen n /t doc03 Oct 2015 #4
Not if we vote in the status quo.... AlbertCat Oct 2015 #32
Even Bernanke, trying to cement his own very questionable legacy right now, is saying sabrina 1 Oct 2015 #43
K&R! Segami Oct 2015 #5
It is this more than anything that has motivated and proven Dustlawyer Oct 2015 #27
Going after Hillary's friends - good to see. Broward Oct 2015 #6
Wish I could rec this a million times. eom NorthCarolina Oct 2015 #7
And yet...he has been in congress and done nothing Evergreen Emerald Oct 2015 #8
Isn't it awful...how everything in America is his fault? SoapBox Oct 2015 #11
What's worse is that he has tried to do something about it, Fawke Em Oct 2015 #18
HE's done a lot...Not his fault if most of Congress is bought and paid for Armstead Oct 2015 #20
+1!!! This is exactly what Bernie is trying to change! Dustlawyer Oct 2015 #29
and done nothing AlbertCat Oct 2015 #33
You sound like the Obama haters who blame him for everything. beam me up scottie Oct 2015 #39
Did he vote for for or against the Bailout? Senators can only use the limited power sabrina 1 Oct 2015 #44
Well.. there goes any chance of Hillary being appointed AG. Tierra_y_Libertad Oct 2015 #9
Not to mention jailing people in the Bush/Cheney administration thesquanderer Oct 2015 #10
+ Infiniti n/t ejbr Oct 2015 #17
Posted without comment ... 1StrongBlackMan Oct 2015 #12
Good post! leftofcool Oct 2015 #13
None of whom were the bankers whose acts triggered the financial crisis brentspeak Oct 2015 #15
Funny, I thought bernie said "Wall Street" execs leftofcool Oct 2015 #19
He did ... See post #21. n/t 1StrongBlackMan Oct 2015 #22
Here we go again! ... 1StrongBlackMan Oct 2015 #21
I can see why you like Clinton. Wall Street uber alles. nm rhett o rick Oct 2015 #79
For the 1,000th time, I support MARTIN O'MALLEY'S run for the Democratic nomination ... 1StrongBlackMan Oct 2015 #81
Oh pleaze. You never seem to attack HRC like you do Sen Sanders even though rhett o rick Oct 2015 #87
Okay ... You got me ... 1StrongBlackMan Oct 2015 #88
Sen Sanders is fighting for the 99% and Clinton clearly for the 1%. Which would be rhett o rick Oct 2015 #92
Okay. n/t 1StrongBlackMan Oct 2015 #93
Correct. Bernie means the housing fraudsters. How dense do some peeps think we are. appalachiablue Oct 2015 #24
Ohhh ... "Housing Fraudsters!" ... 1StrongBlackMan Oct 2015 #37
Non of the financiers were part of the housing fraud?! tia uponit7771 Oct 2015 #46
Of course the big banks were involved and benefitting, like the investments houses, appalachiablue Oct 2015 #51
Ignore them, they're trying to derail the thread. beam me up scottie Oct 2015 #58
I know but a bit can be, entertaining. OTOH there might be info. that shouldn't come out, appalachiablue Oct 2015 #65
Reminds me of the Republicans who always say "Thanks, Obama!" whenever something goes wrong. beam me up scottie Oct 2015 #67
Yes indeed in our own special democratic group. appalachiablue Oct 2015 #71
What should we expect when all they've got in their toolbox is "Not Good Enough Bernie!" beam me up scottie Oct 2015 #75
Maybe you can answer ... 1StrongBlackMan Oct 2015 #83
lol... so proving a bunk meme buck is "derailing"?! tia uponit7771 Oct 2015 #73
But that's not what that is. Ben Bernanke agrees with Sen Sanders. But I can rhett o rick Oct 2015 #80
Again ... 1StrongBlackMan Oct 2015 #82
This must be part of that "it wasn't big banks" baloney Hillary is trotting out. AlbertCat Oct 2015 #34
Facts disputing Obama and Hillary being corporatist are usually alerted on uponit7771 Oct 2015 #45
So it's all fixed then. DisgustipatedinCA Oct 2015 #89
I did not post that to say everything has been fixed, only that people have been convincted and ... 1StrongBlackMan Oct 2015 #91
Excellent!! MissDeeds Oct 2015 #14
Martin O'Malley led the call for Wall Street prosecutions in this campaign bigtree Oct 2015 #23
I support Martin's run; but, his call for prosecutions is based, not in law, but ... 1StrongBlackMan Oct 2015 #84
I'm not sure they should go to jail...(other than the obvioius crooks) Armstead Oct 2015 #25
Now this is interesting for the fact Sanders voted for the Commodies Futures Modification Act 2000 Thinkingabout Oct 2015 #26
which played a big part in the financial crisis. AlbertCat Oct 2015 #35
He voted for AUMF, at least the IWR gave direction to Bush to do inspections in Iraq and Hillary Thinkingabout Oct 2015 #63
this puzzles me. AlbertCat Oct 2015 #77
So you're blaming Bernie for the war your candidate voted for??? beam me up scottie Oct 2015 #78
Yeap, Sanders fails another purity test Hillary is subjected to. Sanders is pro wall street too... uponit7771 Oct 2015 #47
Sanders is pro Wall Street? Put down the crack pipe. DisgustipatedinCA Oct 2015 #90
Crime & Punishment olddots Oct 2015 #28
Can we go after the gun manufacturers next, Bernie? leftofcool Oct 2015 #30
Can we go after the gun manufacturers next, Bernie? AlbertCat Oct 2015 #36
Aiding and abetting gun sellers who repeatedly sell to straw buyers mythology Oct 2015 #38
If they manufacture and sell a defective product they can be sued and prosecuted. beam me up scottie Oct 2015 #40
But Sanders supported protecting that behavior. AlbertCat Oct 2015 #76
For what? If they break the law we can already "go after" them. beam me up scottie Oct 2015 #41
What law did the "fraudsters who run Citibank, Chase, Goldman Sachs" or Wall Street execs ... 1StrongBlackMan Oct 2015 #52
The red herring under discussion is BERNIE LOVES GNUS MANUFACTURERS. beam me up scottie Oct 2015 #55
I'm not sure how that is responsive to my question? ... 1StrongBlackMan Oct 2015 #70
Nah, blame the Obama for Bush's gutting regulators ... that's the easy thing for them to do uponit7771 Oct 2015 #64
Have they nuked a city with at least 30 million people in it yet? No? Well ... there it is then uponit7771 Oct 2015 #48
Are you referring to Hillary's support for the use of cluster bombs? beam me up scottie Oct 2015 #56
No worse than voting against the Brady Bill...................... once. Hillary Purity Test fail... uponit7771 Oct 2015 #60
Her one vote for the Iraq war was enough to kill how many again? beam me up scottie Oct 2015 #62
The same amount applied to the purity test Sanders fails. I know we'd rather not talk about how ... uponit7771 Oct 2015 #66
Yet here you are throwing stones at Bernie for Hillary. beam me up scottie Oct 2015 #68
No, just making sure the record is sKrait, Sanders meme that no one has been prosecuted is false on uponit7771 Oct 2015 #72
Oh hell YES! 99Forever Oct 2015 #31
Again ... 1StrongBlackMan Oct 2015 #54
This thread is hillaryous! beam me up scottie Oct 2015 #42
Responded with fact that WS execs have been prosecuted and Sanders is spouting ANOTHER factually uponit7771 Oct 2015 #49
Fact? beam me up scottie Oct 2015 #53
Look at a couple of Sanders and Trumps memes, they lack the word you're saying I don't know uponit7771 Oct 2015 #59
Fact not in dispute: HC supporters responded to this thread with red herrings about guns. beam me up scottie Oct 2015 #61
Sanders gumper views and protections for Gun Street out of bounds?! tia uponit7771 Oct 2015 #69
Whose "gumper" views are these? beam me up scottie Oct 2015 #74
They cost this country $12.8 TRILLION! It's unbelievable anyone on this forum would defend them. n/t in_cog_ni_to Oct 2015 #50
No one is "defending" anyone ... 1StrongBlackMan Oct 2015 #85
"Obscenity" is the perfect word. CharlotteVale Oct 2015 #57
The "2008" financial crisis had been brewing for many, many years, at least since 2003 ... slipslidingaway Oct 2015 #86

marym625

(17,997 posts)
1. something that was promised back in 2008
Wed Oct 7, 2015, 10:17 AM
Oct 2015

Back when a certain Senator stood with Occupy Wall Street for all of a minute

Damn straight they need to be jailed. Madoff was convicted because he ripped off rich people. Rip off the 99% and you become very wealthy and are nominated for cabinet positions

in_cog_ni_to

(41,600 posts)
3. Couldn't agree more
Wed Oct 7, 2015, 10:25 AM
Oct 2015

and I bet a huge majority in this country agree with him. They cost this country $12.8 TRILLION - our hard earned tax dollars wasted bailing THEIR useless asses out. They all belong in jail!

Since we have a Democratic President and his appointed AG and none of the Wall St. Thieves have been arrested, tried and convicted - you should have a pretty clear picture of the game they all play. Democrats have sold us out too.

sabrina 1

(62,325 posts)
43. Even Bernanke, trying to cement his own very questionable legacy right now, is saying
Wed Oct 7, 2015, 03:35 PM
Oct 2015

some of them should have gone to jail. Well, then let's do it. A shoplifter gets jail for stealing a few candy bars, these criminals stole trillions from the people and were REWARDED WITH MORE.

It's shocking actually that nothing has been done about that crime, people are suffering as a result of it and many will never recover.

 

Segami

(14,923 posts)
5. K&R!
Wed Oct 7, 2015, 10:41 AM
Oct 2015

This fact needs to be thread into his stump speech. It will resonate with the 99% who also question WHY not one single Wall Street CEO/Banker has been criminally charged.




Dustlawyer

(10,499 posts)
27. It is this more than anything that has motivated and proven
Wed Oct 7, 2015, 12:27 PM
Oct 2015

to many Americans that we no longer have Representative Democracy and have an Oligarchy instead! Jimmy Carter was right!

SoapBox

(18,791 posts)
11. Isn't it awful...how everything in America is his fault?
Wed Oct 7, 2015, 11:24 AM
Oct 2015

Ya...right.

And what has she done about the Banksters...takes their money and sits for dinner with them.

Fawke Em

(11,366 posts)
18. What's worse is that he has tried to do something about it,
Wed Oct 7, 2015, 11:57 AM
Oct 2015

but very few of his Congressional colleagues will back him on this because Wall Street owns most of them.

But keep jumping up and down over the number of these people who are endorsing Clinton: one big happy corporate-owned family.

 

Armstead

(47,803 posts)
20. HE's done a lot...Not his fault if most of Congress is bought and paid for
Wed Oct 7, 2015, 12:03 PM
Oct 2015

This meme "Sanders is a big talker who has done nothing" displays complete ignorance.

It requires the collective will of a sufficient number of legislators to get anything passed or "accomplished." When it is populated with reps who are either philosophical blockheads and cunning powerbrokers and either too corrupt or timid or lazy, then it doesn't matter how hard the "do-gooders" work or how effectiuve they might be otehrwise.

Sanders is among an unfortunately too-small cadre of true progressives in Congress who have tried to move things forward and initiative real reform -- and block the bad stuff Congress does. But unfortunately they are overpowered by Big Money, the GOP and -- alas - too many Dems who claim to be the "adults."

One could say "Well the reason they are there and they have the powe is because we give it to them."

Which is exactly the point. Bernie has, so far, been leading the charge of reform, trying to dislodge both the corruption and cynicism and bring about real refior and positive change.



Dustlawyer

(10,499 posts)
29. +1!!! This is exactly what Bernie is trying to change!
Wed Oct 7, 2015, 12:34 PM
Oct 2015

This is what the Political Revolution is all about. He wants to get elected and use the Bully Pulpit to get us to come out in mass and get pressure to enact Publicly Funded Elections. This would cut the money cord to the bought off politicians and make them answerable to the People once again!

 

AlbertCat

(17,505 posts)
33. and done nothing
Wed Oct 7, 2015, 01:13 PM
Oct 2015

Once again.... Hillary supporters think he was a Dem in Congress.

Can they get nothing straight?

sabrina 1

(62,325 posts)
44. Did he vote for for or against the Bailout? Senators can only use the limited power
Wed Oct 7, 2015, 03:40 PM
Oct 2015

they have, he did that, putting his votes where his mouth has always been.

Unfortunately, the Dem Party almost completely, bailed out the criminals. What a horrendous shock and disappointment that was.

Nor did he ever say 'what they did was immoral, but not illegal'.

It was both, which he has had no qualms about saying.

thesquanderer

(11,998 posts)
10. Not to mention jailing people in the Bush/Cheney administration
Wed Oct 7, 2015, 11:17 AM
Oct 2015

for war crimes, like torture.

Alas, won't happen.

 

1StrongBlackMan

(31,849 posts)
12. Posted without comment ...
Wed Oct 7, 2015, 11:31 AM
Oct 2015
Partial List of Financial Sector Officials Convicted since 1/20/09
2/2/12 David Higgs and Salmaan Siddiqui, Credit Suisse, plead guilty to conspiracy involving valuation of MBS
3/6/12 Allen Stanford, former Caribbean billionaire and general schmuck, convicted on 13 of 14 counts in $2.2B Ponzi scheme, faces 20+ years in prison
6/4/12 Matthew Kluger, lawyer, sentenced to 12 years in prison, along with co-conspirator stock trader Garrett Bauer (9 years) and co-conspirator Kenneth Robinson (not yet sentenced) for 17 year insider trading scheme.
6/14/12 Allen Stanford sentenced to 110 years without parole.
6/15/12 Rajat Gupta, former Goldman Sachs director, found guilty of insider trading. Could face a decade in prison when sentenced later this year.
6/22/12 Timothy S. Durham, 49, former CEO of Fair Financial Company, convicted of one count conspiracy to commit wire and securities fraud, 10 counts of wire fraud, and one count of securities fraud.
6/22/12 James F. Cochran, 56, former chairman of the board of Fair, convicted of one count of conspiracy to commit wire and securities fraud, one count of securities fraud, and six counts of wire fraud.
6/22/12 Rick D. Snow, 48, former CFO of Fair, convicted of one count of conspiracy to commit wire and securities fraud, one count of securities fraud, and three counts of wire fraud.
7/13/12 Russell Wassendorf Sr., CEO of collapsed brokerage firm Peregrine Financial Group Inc. arrested and charged with lying to regulators after admitting to authorities he embezzled "millions of dollars" and forged bank statements for "nearly twenty years."
8/22/12 Doug Whitman, Whitman Capital LLC hedge fund founder, convicted of insider trading following a trial in which he spent more than two days on the stand telling jurors he was innocent
10/26/12 UPDATE: Former Goldman Sachs director Rajat Gupta sentenced to two years in federal prison. He will, of course, appeal. . .
11/20/12 Hedge fund manager Matthew Martoma charged with insider trading at SAC Capital Advisors, and prosecutors are looking at Martoma's boss, Steven Cohen, for possible involvement.
02/14/13 Gilbert Lopez, former chief accounting officer of Stanford Financial Group, and former controller Mark Kuhrt sentenced to 20 yrs in prison for their roles in Allen Sanford's $7.2 billion Ponzi scheme.
03/29/13 Michael Sternberg, portfolio mgr at SAC Capital, arrested in NYC, charged with conspiracy and securities fraud. Pled not guilty and freed on $3m bail.
04/04/13 Matthew Marshall Taylor,fmr Goldman Sachs trader arrested, charged by CFTC w/defrauding his employer on $8BN futures bet "by intentionally concealing the true huge size, as well as the risk and potential profits or losses associated."
04/04/13 Matthew Taylor admits guilt, makes plea bargain. Sentencing set for 26 June; faces up to 20 years in prison but will likely only see 3-4 years. Says, "I am truly sorry."
04/11/13 Ex-KPMG LLP partner Scott London charged by federal prosecutors w/passing inside tips to a friend in exchange for cash, jewelry, and concert tickets; expected to plead guilty in May.
08/01/13 Fabrice Tourré convicted on six counts of security fraud, including "aiding and abetting" his former employer, Goldman Sachs
08/14/13 Javier Martin-Artajo and Julien Grout charged with wire fraud, falsifying records, and conspiracy in connection with JP Morgan's "London Whale" trade.
08/19/13 Phillip A. Falcone, manager of hedge fund Harbinger Capital Partners, agrees to admit to "wrongdoing" in market manipulation. Will banned from securities industry for 5 years and pay $18MM in disgorgement and fines.
09/16/13 Javier Martin-Artajo and Julien Grout officially indicted on charges associated with "London Whale" trade.
02/06/14 Matthew Martoma convicted of insider trading while at hedge fund SAC (Stephen A. Cohen) Capital Advisors. Expected sentence 7-10 years.
03/24/14 Annette Bongiorno, Bernard Madoff's secretary; Daniel Bonventre, director of operations for investments; JoAnn Crupi, an account manager; and Jerome O'Hara and George Perez, both computer programmers convicted of conspiracy to defraud clients, securities fraud, and falsifying the books and records.
05/19/14 Credit Suisse, which has an investment bank branch in NYC, agrees to plead guilty and pay appx. $2.6 billion penalties for helping wealthy Americans hide wealth and avoid taxes.
09/08/14 Matthew Martoma, convicted SAC trader, sentenced to 9 years in prison plus forfeiture of $9.3 million, including home and bank accounts
08/03/15 Former City (London) trader Tom Hayes found guilty of rigging global Libor interest rates. Each fo eight counts carries up to 10 yr. sentence.
08/21/15 Charles Antonucci Sr, former pres. Park Ave. Bank sentenced to 2.5 years in prison for bribery, fraud, embezzlement, and attempt to steal $11MM in TARP bailout funds, as well as $37.5MM fraud on OK insurance company. To pay $54MM in restitution and give up additional $11MM.



brentspeak

(18,290 posts)
15. None of whom were the bankers whose acts triggered the financial crisis
Wed Oct 7, 2015, 11:48 AM
Oct 2015

Sanders was talking about the fraudsters who run Citibank, Chase, Goldman Sachs -- the ones who manipulated the system to pump up and then cash out of a manufactured housing bubble. He wasn't talking about the bit players who were caught with insider trading or individual ponzi schemes -- crimes which had nothing to do with the financial crisis. But you knew that, of course.

Another ethically bankrupt post.

 

1StrongBlackMan

(31,849 posts)
21. Here we go again! ...
Wed Oct 7, 2015, 12:03 PM
Oct 2015

So ... what would "the fraudsters who run Citibank, Chase, Goldman Sachs" be charged with? ... GREED, even naked, ethically/morally bankrupt greed, is not a crime.

And because corporations are set up, specifically, to protect the fraudsters that run the corporations and American Jurisprudence does not recognize a "Thomas Becket" theory of prosecution, the best a prosecution can hope for is a conviction of some $40,000/yr. lower-mid Manager.

Another ethically bankrupt post.


Perhaps ... But, posted in response to fantasy.
 

1StrongBlackMan

(31,849 posts)
81. For the 1,000th time, I support MARTIN O'MALLEY'S run for the Democratic nomination ...
Wed Oct 7, 2015, 11:23 PM
Oct 2015

not HRC's!

But that said, respect for the law ... even if I disagree with the law ... is an occupational hazard that my politics has been unable to over-come.

In these United States, one must have broken a law before one can be jailed ... and, because of my former occupation, but more, my peoples' history ... I REALLY support that quirk in our system of jurisprudence.

 

rhett o rick

(55,981 posts)
87. Oh pleaze. You never seem to attack HRC like you do Sen Sanders even though
Thu Oct 8, 2015, 12:09 AM
Oct 2015

she would be a bigger threat than Sen Sanders. And if you really think that Sen Sanders represents AA less than O'Malley, then show a comparison.

 

1StrongBlackMan

(31,849 posts)
88. Okay ... You got me ...
Thu Oct 8, 2015, 12:21 AM
Oct 2015

because I am critical of Bernie (but more, of the BS that Bernie supporters put down) I must be a HRC supporter.

 

rhett o rick

(55,981 posts)
92. Sen Sanders is fighting for the 99% and Clinton clearly for the 1%. Which would be
Thu Oct 8, 2015, 11:21 AM
Oct 2015

more apt to help with your agenda? Yet, you choose to concentrate on disparaging Sen Sanders.

appalachiablue

(41,188 posts)
51. Of course the big banks were involved and benefitting, like the investments houses,
Wed Oct 7, 2015, 04:05 PM
Oct 2015

mortgage cos. like Countrywide, Fannie and Freddie and on down the line.

appalachiablue

(41,188 posts)
65. I know but a bit can be, entertaining. OTOH there might be info. that shouldn't come out,
Wed Oct 7, 2015, 04:21 PM
Oct 2015

as with any controversial topic. Thanks though.

 

1StrongBlackMan

(31,849 posts)
83. Maybe you can answer ...
Wed Oct 7, 2015, 11:26 PM
Oct 2015

So ... what would "the fraudsters who run Citibank, Chase, Goldman Sachs" be charged with? ... GREED, even naked, ethically/morally bankrupt greed, is not a crime.

And because corporations are set up, specifically, to protect the fraudsters that run the corporations and American Jurisprudence does not recognize a "Thomas Becket" theory of prosecution, the best a prosecution can hope for is a conviction of some $40,000/yr. lower-mid Manager.

 

rhett o rick

(55,981 posts)
80. But that's not what that is. Ben Bernanke agrees with Sen Sanders. But I can
Wed Oct 7, 2015, 10:28 PM
Oct 2015

see why Clinton supporters would back Wall Street.

 

1StrongBlackMan

(31,849 posts)
82. Again ...
Wed Oct 7, 2015, 11:25 PM
Oct 2015

So ... what would "the fraudsters who run Citibank, Chase, Goldman Sachs" be charged with? ... GREED, even naked, ethically/morally bankrupt greed, is not a crime.

And because corporations are set up, specifically, to protect the fraudsters that run the corporations and American Jurisprudence does not recognize a "Thomas Becket" theory of prosecution, the best a prosecution can hope for is a conviction of some $40,000/yr. lower-mid Manager.

 

AlbertCat

(17,505 posts)
34. This must be part of that "it wasn't big banks" baloney Hillary is trotting out.
Wed Oct 7, 2015, 01:15 PM
Oct 2015

But it does put a dent in the "Never will happen" crap.

 

DisgustipatedinCA

(12,530 posts)
89. So it's all fixed then.
Thu Oct 8, 2015, 12:41 AM
Oct 2015

When you find yourself trying to convince others that everything is a-ok on Wall Street, something has gone wrong.

 

1StrongBlackMan

(31,849 posts)
91. I did not post that to say everything has been fixed, only that people have been convincted and ...
Thu Oct 8, 2015, 08:01 AM
Oct 2015

gone to jail ... the people that cases could be made that they broke the law.

But you know that. Right?

bigtree

(86,013 posts)
23. Martin O'Malley led the call for Wall Street prosecutions in this campaign
Wed Oct 7, 2015, 12:08 PM
Oct 2015

read: http://www.democraticunderground.com/1251653999

...wouldn't expect anything less from Sen. Sanders.

 

1StrongBlackMan

(31,849 posts)
84. I support Martin's run; but, his call for prosecutions is based, not in law, but ...
Wed Oct 7, 2015, 11:31 PM
Oct 2015

justified outrage.

If there was something to charge the "Fraudsters who run Citibank, Chase, Goldman Sachs", they would have been charged.

But ... GREED, even naked, ethically/morally bankrupt greed, is not a crime.

And because corporations are set up, specifically, to protect the fraudsters that run the corporations and American Jurisprudence does not recognize a "Thomas Becket" theory of prosecution, the best a prosecution can hope for is a conviction of some $40,000/yr. lower-mid Manager.

 

Armstead

(47,803 posts)
25. I'm not sure they should go to jail...(other than the obvioius crooks)
Wed Oct 7, 2015, 12:16 PM
Oct 2015

I do think those who presided over that mess should be stripped of their jobs, all of their assets, all ability to make over, say, $30,000 a year and forced to figure out how to get by on shitty jobs, and deal with overpriced products and services, like they have forced so many others to do.

I suspect some of them would prefer jail to having to live like real people.

Thinkingabout

(30,058 posts)
26. Now this is interesting for the fact Sanders voted for the Commodies Futures Modification Act 2000
Wed Oct 7, 2015, 12:21 PM
Oct 2015

which played a big part in the financial crisis.

 

AlbertCat

(17,505 posts)
35. which played a big part in the financial crisis.
Wed Oct 7, 2015, 01:17 PM
Oct 2015

Just like he KNEW it would....

MWahahahahahahahaha!


Too bad he's not Psychic. Still, he did not vote to go into Iraq, so he must be more psychic than some.

Thinkingabout

(30,058 posts)
63. He voted for AUMF, at least the IWR gave direction to Bush to do inspections in Iraq and Hillary
Wed Oct 7, 2015, 04:19 PM
Oct 2015

Voted for the inspections, Sanders voted against the inspections, why would he leave the decision to Bush and not want the inspections, this puzzles me. And he brags on his vote.

uponit7771

(90,370 posts)
47. Yeap, Sanders fails another purity test Hillary is subjected to. Sanders is pro wall street too...
Wed Oct 7, 2015, 04:02 PM
Oct 2015

... and his votes for shit like this prove such.


Now the goal post will be moved to how many of these pro corp votes he made

 

olddots

(10,237 posts)
28. Crime & Punishment
Wed Oct 7, 2015, 12:30 PM
Oct 2015

unfortunately the people most hurt by these vicious criminals beleave in the system that enables and encourages greed .This will be a hard sell but people like Bernie appeal to the good and logic in people .

 

mythology

(9,527 posts)
38. Aiding and abetting gun sellers who repeatedly sell to straw buyers
Wed Oct 7, 2015, 03:27 PM
Oct 2015

But Sanders supported protecting that behavior. If a bar serves a customer who then gets into an accident, they can be sued. The gun manufacturers can sell guns without basic safety precautions. A new car can't be sold without airbags, yet guns can be sold without trigger locks, or rifling that would conclusively tie gun to bullet.

beam me up scottie

(57,349 posts)
40. If they manufacture and sell a defective product they can be sued and prosecuted.
Wed Oct 7, 2015, 03:31 PM
Oct 2015

They are not responsible for legally sold products that are used in crimes.

 

AlbertCat

(17,505 posts)
76. But Sanders supported protecting that behavior.
Wed Oct 7, 2015, 10:15 PM
Oct 2015

Keep Streeeeeeeeeeeeeeeeeeeeeeeeeeeeeeetching it....

 

1StrongBlackMan

(31,849 posts)
52. What law did the "fraudsters who run Citibank, Chase, Goldman Sachs" or Wall Street execs ...
Wed Oct 7, 2015, 04:05 PM
Oct 2015

break?

Again, So ... what would "the fraudsters who run Citibank, Chase, Goldman Sachs" be charged with? ... GREED, even naked, ethically/morally bankrupt greed, is not a crime.

And because corporations are set up, specifically, to protect the fraudsters that run the corporations and American Jurisprudence does not recognize a "Thomas Becket" theory of prosecution, the best a prosecution can hope for is a conviction of some $40,000/yr. lower-mid Manager.

beam me up scottie

(57,349 posts)
55. The red herring under discussion is BERNIE LOVES GNUS MANUFACTURERS.
Wed Oct 7, 2015, 04:11 PM
Oct 2015

But thanks for playing, you get a cookie!


 

1StrongBlackMan

(31,849 posts)
70. I'm not sure how that is responsive to my question? ...
Wed Oct 7, 2015, 04:24 PM
Oct 2015

The thread is titled: Bernie Sanders wants Wall Street execs jailed for 2008 financial crisis

The thread has 61 recs and 47 responses, 1 of which asks about going after the gun manufacturers.

I ask what law has been broken by Wall Street execs?

You respond to me and post a separate response talking about a red herring under discussion is BERNIE LOVES GNUS MANUFACTURERS.

What gives?

uponit7771

(90,370 posts)
48. Have they nuked a city with at least 30 million people in it yet? No? Well ... there it is then
Wed Oct 7, 2015, 04:03 PM
Oct 2015

.../ saracasm

uponit7771

(90,370 posts)
66. The same amount applied to the purity test Sanders fails. I know we'd rather not talk about how ...
Wed Oct 7, 2015, 04:21 PM
Oct 2015

... none of the candidates can throw a stone but... well

uponit7771

(90,370 posts)
72. No, just making sure the record is sKrait, Sanders meme that no one has been prosecuted is false on
Wed Oct 7, 2015, 04:26 PM
Oct 2015

... its face.

There have been WS officials prosecuted and a good amount of them...

Anything that sounds close to trump without the overt hate isn't to be trusted

 

1StrongBlackMan

(31,849 posts)
54. Again ...
Wed Oct 7, 2015, 04:10 PM
Oct 2015

Again, So ... what would "the fraudsters who run Citibank, Chase, Goldman Sachs" be charged with? ... GREED, even naked, ethically/morally bankrupt greed, is not a crime.

And because corporations are set up, specifically, to protect the fraudsters that run the corporations and American Jurisprudence does not recognize a "Thomas Becket" theory of prosecution, the best a prosecution can hope for is a conviction of some $40,000/yr. lower-mid Manager.

beam me up scottie

(57,349 posts)
42. This thread is hillaryous!
Wed Oct 7, 2015, 03:34 PM
Oct 2015

Bernie wants to prosecute greedy Wall Street criminals and how do HC supporters respond?

WHAT ABOUT DEM GUNZ BERMIE!?!



You would think every DUer would get behind Bernie on this.

uponit7771

(90,370 posts)
49. Responded with fact that WS execs have been prosecuted and Sanders is spouting ANOTHER factually
Wed Oct 7, 2015, 04:04 PM
Oct 2015

... bunk meme.

uponit7771

(90,370 posts)
59. Look at a couple of Sanders and Trumps memes, they lack the word you're saying I don't know
Wed Oct 7, 2015, 04:13 PM
Oct 2015

... what it means.

Fact not in dispute; there were WS officials directly tied to the housing crises who were prosecuted and convicted.

beam me up scottie

(57,349 posts)
61. Fact not in dispute: HC supporters responded to this thread with red herrings about guns.
Wed Oct 7, 2015, 04:15 PM
Oct 2015

Another fact not in dispute : HC supporters are trying to derail this thread.

And the last fnid: I see what you're doing.



beam me up scottie

(57,349 posts)
74. Whose "gumper" views are these?
Wed Oct 7, 2015, 04:32 PM
Oct 2015
I support sensible regulation that is consistent with the constitutional right to own and bear arms.


"I have a profound respect for the traditions of hunting that trace back in this country for generations and I think those who dismiss that out of hand make a big mistake."


"Part of being able to move this forward is understanding the reality of guns in urban areas are very different from the realities of guns in rural areas. And if you grew up and your dad gave you a hunting rifle when you were ten, and you went out and spent the day with him and your uncles, and that became part of your family's traditions, you can see why you'd be pretty protective of that.


You know, my dad took me out behind the cottage that my grandfather built on a little lake called Lake Winola outside of Scranton and taught me how to shoot when I was a little girl. You know, some people now continue to teach their children and their grandchildren. It’s part of culture. It’s part of a way of life. People enjoy hunting and shooting because it’s an important part of who they are.



"So it's trying to bridge those gaps that I think is going to be part of the biggest task over the next several months. And that means that advocates of gun control have to do a little more listening than they do sometimes."




Sanders voted against the pro-gun-control Brady Bill, writing that he believes states, not the federal government, can handle waiting periods for handguns. In 1994, he voted yes on an assault weapons ban. He has voted to ban some lawsuits against gun manufacturers and for the Manchin-Toomey legislation expanding federal background checks.

http://www.ontheissues.org/2016/Bernie_Sanders_Gun_Control.htm



What I favor is what works in NY. We have one set of rules in NYC and a totally different set of rules in the rest of the state. What might work in NYC is certainly not going to work in Montana. So, for the federal government to be having any kind of blanket rules that they’re going to try to impose, I think doesn’t make sense.

http://www.ontheissues.org/2016/Hillary_Clinton_Gun_Control.htm




 

1StrongBlackMan

(31,849 posts)
85. No one is "defending" anyone ...
Wed Oct 7, 2015, 11:35 PM
Oct 2015

we are all morally outraged by the shit they profited on ...

but what would "the fraudsters who run Citibank, Chase, Goldman Sachs" be charged with? ... GREED, even naked, ethically/morally bankrupt greed, is not a crime.

And because corporations are set up, specifically, to protect the fraudsters that run the corporations and American Jurisprudence does not recognize a "Thomas Becket" theory of prosecution, the best a prosecution can hope for is a conviction of some $40,000/yr. lower-mid Manager.

But that said, respect for the law ... even if I disagreed with the law ... was an occupational hazard that my politics has been unable to over-come.

In these United States, one must have broken a law before one can be jailed ... and, because of my former occupation, but more, my peoples' history ... I REALLY support that quirk in our system of jurisprudence.

slipslidingaway

(21,210 posts)
86. The "2008" financial crisis had been brewing for many, many years, at least since 2003 ...
Wed Oct 7, 2015, 11:41 PM
Oct 2015

if you look at the real estate index it began to drop in 2005.

All one has to do is look back at what was said by 'crazy' people like Sanders and others in both parties and what was being touted by the mainstream politicians to realize that some got it right and some got it wrong.

I know who got it right on a variety of issues.

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