Super rich, big business screws investors and gets away with it

[workerbee]

I thought the left would be all over this.
As we head for the cliff, Congress throws Corzine a lifeline...[/b]

[b]In case anyone missed the news — Congress recently absolved Jon Corzine of being criminally responsible for actions that "wiped out thousands of jobs and billions of dollars of customers' and creditors' money."

The congressional report states, "Choices made by Jon Corzine during his tenure as chairman and CEO sealed MF Global's fate." Turns out, these choices include the unlawful transfer of its customers' money. Oh well. We all make mistakes.

This statement of responsibility, which carries no punishment, comes from the same institution we're expecting to steer us away from a series of fiscal measures so extreme that neither party would be able to stomach their implementation. Good luck with that.

[veritas]

Where are all the people who were rending their garments over Bain? Corzine did more damage with one company than Romney did in his whole career.

[zenwalk]

So? There are plenty of rich swine and they never see the inside of a cell. You just waking up to that? Smell the coffee.

[dsummoner]

The funny part is watching the Libbies with all of their Orciban (Orcs on Wall Street, OWS) ideology of looter filth fall surprisingly silent when it comes to Corzine (D, Libbie, 1%).

[workerbee]

It's Bush's fault! Just wanted to get that out there.

[veritas]

So? There are plenty of rich swine and they never see the inside of a cell. You just waking up to that? Smell the coffee.

Corzine should be criminally responsible for his illegal actions. Romney never broke any laws. The left seems to be awfully selective in which rich people they dislike or dislike. I guess that's why $50 million dollar man Michael Moore goes around looking like he just got his clothes from the Salvation Army bins. It's part of the schtick he puts on for his followers.

[workerbee]

Bueller... Bueller... Bueller... Bueller...Bueller ...

[DaggerJohn]

I thought the left would be all over this.
As we head for the cliff, Congress throws Corzine a lifeline...[/b]

How does Congress have the power to absolve Corzine of criminal responsibility? Isn't that up to the court system?

[DaggerJohn]

I thought calamar, Phineas Finn, and songforone would be here by now...

[zenwalk]

Corzine should be criminally responsible for his illegal actions.

Throw the SOB in jail then. I'm not partisan when it comes to important things like this. But why should Romney be thrown in jail?

[CajunRaven]

It's Bush's fault! Just wanted to get that out there.

Good job, I was worried when we hit post #5 and that hadn't been tossed out there.

[zenwalk]

Consider it a lesson in how the oligarchy works. (this actually has the makings of a pretty good thread.)

[CajunRaven]

How does Congress have the power to absolve Corzine of criminal responsibility? Isn't that up to the court system?

If they know he illegally transferred funds, why hasn't he been indicted yet?

A rhetorical question I guess.

[zenwalk]

A rhetorical question I guess.

It is. We do things backwards in America. In Iceland (the European home of the Crash) they are about back to normal. How can this be? you might say. They jailed the banksters and bailed out the small fry mortgage holders. Here in America we do the exact opposite which is why economic matters here are still a clusterflock. But that's life in an oligarchy.

http://www.globalresearch.ca/top-eco...it-wrong/32486

A funny thing happened on the way to economic Armageddon: Iceland’s very desperation made conventional behavior impossible, freeing the nation to break the rules. Where everyone else bailed out the bankers and made the public pay the price, Iceland let the banks go bust and actually expanded its social safety net. Where everyone else was fixated on trying to placate international investors, Iceland imposed temporary controls on the movement of capital to give itself room to maneuver.

[CajunRaven]

It is. We do things backwards in America. In Iceland (the European home of the Crash) they are about back to normal. How can this be? you might say. They jailed the banksters and bailed out the small fry mortgage holders. Here in America we do the exact opposite which is why economic matters here are still a clusterflock. But that's life in an oligarchy.

http://www.globalresearch.ca/top-eco...it-wrong/32486

Amen to that. We could have paid off a lot of "small fry" mortgages with the money we blew. We should have taken every red cent from the bastards that caused the problem to help with the bailout as well. And then sent them to be with Bubba for a long damn time.

[overtaxed]

Amen to that. We could have paid off a lot of "small fry" mortgages with the money we blew. We should have taken every red cent from the bastards that caused the problem to help with the bailout as well. And then sent them to be with Bubba for a long damn time.

The trouble is that they own the politicians. Since the supreme court has ruled no limits on bribes, we are most likely doomed.