Posts Tagged ‘FCIC’

Crime and punishment….

April 15, 2011

I have long said that the penalties in America need to be painful enough to deter crime.  I have complained that part of the problem is, that the people that have been looting America have face no REAL penalties.  They have been able to STEAL $100’s of MILLIONS and have been fine $1 MILLIONS.  There is no deterrence.

Phil Angelides, who was a member of the Financial Crisis Inquiry Commission had a great interview, where he voices the same frustration.  Zero Hedge has an article detailing the interview.

We need to put pressure on our Representatives to rectify the situation, as quickly as possible.

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