America’s two-tiered justice system

4 posts / 0 new

Eight billion dollars is a lot of money, but a small price to pay to stay out of jail. As the New York Times reports today, corporations are on track to pay as much as $8 billion in fraud settlements this year to the U.S. government. That includes military contractors, banks, and pharmaceutical companies who systematically defrauded American taxpayers. The $8 billion they own is double the amount paid out in settlements last year – and an all-time record high.

But the important story is - despite the multiple acts of blatant fraud by corporate America resulting in record settlements – an executive almost never goes to prison. Pharmaceutical companies like GlaxoSmithKline and Merck and defense contractors like ATK Launch Systems admitted to stealing tens of millions of dollars from taxpayers, yet not one CEO is facing criminal charges. Of course, if you or I walked into a 7-11 and stole a two-dollar Slurpee, we’re going to jail. But in America’s two-tiered justice system – the corporate elite are untouchable.

Thom Hartmann Administrator's picture
Thom Hartmann A...
Joined:
Dec. 29, 2009 10:59 am

Comments

The top tier will get their's. If things get manipulated and blocked for immediate change—then their bloodlines will.

That's the best thing about this Universe—things are constantly changing.

Karolina's picture
Karolina
Joined:
Nov. 3, 2011 7:45 pm

I wonder why you see prisons filled with poor minorities and not rich white men.

DynoDon
Joined:
Jun. 29, 2012 10:24 am

I'm assuming that's a rhetorical question?

Karolina's picture
Karolina
Joined:
Nov. 3, 2011 7:45 pm

Latest Headlines

Scott Walker: Building a wall at the Canadian border might be "legitimate" idea

It's not just the southern border: Wisconsin Gov. Scott Walker says it's "legitimate" to discuss building a wall separating the United States from Canada, as well

Malaysia's democracy is in worse shape than we thought

Malaysia's ethnic groups, and thus Malaysia itself, are looking more and more divided

Kanye West Will Run For President In 2020

Will Kim Kardashian be our First Lady?

"Unequal Protection: How Corporations Became People."

Thom Hartmann Here with an excerpt from my book “Unequal Protection: How corporations became “people” - and how you can fight back.”
-----

Powered by Drupal, an open source content management system