Matt Taibbi Quotes About Crime
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Why is JP Morgan getting so much heat? Maybe because it is a massive international crime syndicate.
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The individual incentive not to commit crime on Wall Street now is almost zero.
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You know what an effective deterrent to crime is? Jail! And do you know what kind of criminal penalty actually makes people think twice about committing crimes the next time? The kind that actually comes out of some individual's pocket, not fines that come out of the corporate kitty.
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Obviously, people who commit crimes should be punished. Even people who steal socks and 'Snow White' videos should probably do time if they have priors, especially serious priors. But the punishment has to fit the crime, and the standard has to be the same for everyone.
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Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.
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There is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power.
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