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Related: About this forumPapantonio: Prison Time Is ONLY Solution for Wall Street Thugs
America's Lawyer, Mike Papantonio, appears on The Big Picture with Thom Hartmann to discuss a recent New York Times article indicating that some of the world's biggest banks are still hustling the system, even only a couple of years after avoiding prosecution.
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Papantonio: Prison Time Is ONLY Solution for Wall Street Thugs (Original Post)
GoLeft TV
Oct 2014
OP
pansypoo53219
(21,004 posts)1. taking away THEIR ILL-GOTTEN GAINS works for me too.
KansDem
(28,498 posts)2. "Forfeiture and seizure"
If I'm smoking a doobie on the couch and the police raid my house, they can take the house and everything in it. And they can grab my bank accounts. It's called "forfeiture and seizure."
In many jurisdictions, the money can go to pay for salaries, advanced equipment and other perks. When salaries and perks are on the line, officers have a strong incentive to increase the seizures, as evidenced by an increase in the regularity and size of such seizures in recent years. Asset forfeiture practices often go hand-in-hand with racial profiling and disproportionately impact low-income African-American or Hispanic people who the police decide look suspicious and for whom the arcane process of trying to get ones property back is an expensive challenge. ACLU believes that such routine civil asset forfeiture puts our civil liberties and property rights under assault, and calls for reform of state and federal civil asset forfeiture laws.
https://www.aclu.org/criminal-law-reform/civil-asset-forfeiture
https://www.aclu.org/criminal-law-reform/civil-asset-forfeiture
Seize the bankers'/brokers' assets. Maybe they'll think twice before ripping off the American public again.
But then, I'd like to see "stop and frisk" on Wall Street!
Dustlawyer
(10,497 posts)3. In addition to throwing them in jail, we have to stop their ability to purchase our politicians!
Publicly Funded Elections are the only way to do this! Bernie Sanders said this is his number 1 issue, and for good reason. Currently, Wall Street is above the law!