Thursday, April 21, 2016

Two Examples Show How The Legal System Is Stacked In Favor Of The Rich

This is what happens to people at the bottom of the justice system. Reported today at VOX.

This is what happens to the people at the top. Reported today in the New Yorker.

A 75 year old disabled man in Mississippi who did time many years ago for robbery is tried for marijuana possession. He is convicted and sentenced to life in prison, a mandatory sentence because of his 20-year old conviction for robbery. The Supreme Court refuses to consider his appeal. Apparently life imprisonment for marijuana possession is not cruel and unusual punishment. Or the Supreme Court can’t be bothered. This is what happens to people at the bottom of the system.

Meanwhile the SEC, the agency charged with investigating and bringing charges against the largest financial companies, hesitates to prosecute individuals who made billions by defrauding millions of ordinary Americans during the financial crisis.

Why?

Because the man at the SEC who was in charge of the case had seen the “devasting [sic] impact our little ol’ civil actions reap on real people more often than I care to remember. It is the least favorite part of the job. Most of our civil defendants are good people who have done one bad thing.”

People at the top level of massive multi-billion dollar frauds that ruined thousands of ordinary people’s lives are “real people” who “have done one bad thing” but a sad old disabled onetime felon who possesses pot is nobody.

The poor man in Mississippi is nobody that anybody running the system knows personally. Nobody the prosecutors care about. Prosecutors mingle with “real people” who earn massive fortunes, sometimes by fraud. The fraudulent seem very plausible, that is how they are able to commit the fraud. The larger the fraud, the more plausible and real they seem. Prosecutors don’t enjoy mingling with people at the lower end of the criminal spectrum where their misfortune and desperation makes them less plausible and less deserving.

Successful criminals who have massive fortunes and fabulous Manhattan apartments plus expensive homes in various luxury enclaves are real people but ex-cons who live quietly on a farm in Mississippi are not real people––at least in the eyes of the law. There have been multiple cases rejected by the right hand side of the Supreme Court, cases where a man has been proved innocent but is still facing the death penalty. The conservatives on the court shrug and say No. But the criminal who has stolen massive amounts of money from millions of unsuspecting Americans gets a pass. Someone who seems that real and that plausible must not have meant any harm. He can keep his houses and his money.

This is what Americans are angry about. This is what Bernie Sanders is listening to. This might be the kind of non-violent marijuana "offender" President Obama pardons. But we need to repair the system, not simply hope that occasionally a hand reaches down from the sky and corrects one or a handful of the terrible injustices. This is why electing a Democrat president is so vital this year. It would begin to redress the harm and rebalance the scales in favor of regular people.

Labels: , , , , , , , , , , ,

Saturday, September 28, 2013

Hedge Fund Billionaires are Saints and Schoolteachers are Greedy Bastards

So, let's try and understand this...

Fifth grade teachers and firefighters who rescue kittens from trees are greedy bastards.

And hedge fund billionaires are saints devoted to the wellbeing of the community.

I will pause while your mind explodes.

This is really happening. Voters in Rhode Island have elected a fearless crusader who is going after the greedy schoolteachers on behalf of the heroic hedge funds.

The people who worked their whole lives on behalf of the community, teaching children, fighting fires, cleaning streets, policing parks, taking less pay in exchange for a pension, are actually terrible selfish greedy monsters who must be reined in and their retirement must be confiscated by the good, honest, crusading friend of Wall Street who is working diligently to return those pension dollars to the offshore bank accounts of the brave, honest hedge fund billionaires who know best what to do with that money.

Up is down. Good is bad. Greed is admirable. Unselfishness must be punished. Jesus was wrong. Hitler was right. ...Wait a minute, Obama is Hitler... I'm confused.

What do we know for certain?

Questioning billion dollar bonuses for Wall Street bankers is like lynching. We know that. It was in the papers the other day.

ObamaCare is like what Hitler did to the Jews. That was in the paper the other day too.

The CEO of Goldman Sachs is more saintly than Mother Teresa. That was also reported this week.

Mr. Rogers, who talked about kindness and unselfishness, was a sick individual who sapped the life force from two generations of Americans. I heard that on FoxNews.

And, yes, public school teachers and firefighters are horrible greedy bastards. It's been widely reported.

It's so hard to keep a solid grip on reality, on our values. Luckily America has talk radio to tell us what to believe.

Labels: , , , , , , , , , , , , ,

Wednesday, October 26, 2011

The 1% Is Fine, Thanks For Asking

The New York Times headline reads "Top Earners Doubled Share of Nation’s Income, Study Finds". The story will spoil your lunch.

The Washington Post reports the same results under a different headline: "Nation’s wealthiest 1 percent triple their incomes, according to CBO report." The Times didn't want to upset the mandarin class too much. Double sounds less unfair than triple.

Either way the upper upper upper class is eating our lunch. And breakfast and dinner. Maybe the message is that once you are so very rich it doesn't matter whether your income tripled or doubled. Who can keep track? Poor them, with all that income to sort out. What a headache; let's give them some more tax breaks to help them deal with it.

Another thing that's making lives more unequal is that so much more of the government's "help" is dished out to people who don't need it but just heard it was available. Imagine if rich people demanded equal access to food stamps. Rich farmers and big farmers get more relief than poor and small farmers. Big companies get more help than the small businesses who stand in as the poster children of the Chamber of Commerce (which has been screwing them for decades.)

The financial rescue was supposed to help all of us, but notice who butted to the front of the line. The too-big-to-fail banks and financial companies and major corporations (many of whom, like GE, have bigger financial services sides than their old manufacturing sides) hogged it all. They are hoarding trillions, refusing to share it, pay it out, invest it or use it to hire people or order inventory.

They are using it instead to give enormous bonuses to their tip top people. Goldman Sachs reported a $393 million loss this past quarter, but that's a fraction of the $10 billion bonuses it will pay to its executives for delivering that loss. Go figure.

Never mind, it doesn't compute. Heads they win, tails they win. The 1% always win, the 99% always lose. At least since Reagan changed the rules.

Labels: , , , , , , ,