Austerity is a Lie.

[Octafish]

40. Socialism has come to America.

The worst parts...

"Conspiracy Theories" vs. the Real World of Financial Crime: Bankers Face Prosecution for Conspiracy

Danny Schechter
Newsdisector

EXCERPT...

Former NY State Governor Eliot Spitzer, and a former prosecutor who went after Wall Street commented on a refusal to go after the HSBC Bank on these charges, “”The decision to not prosecute in this instance belies everything that the government has ever done with regard to drug prosecutions everywhere.

“I mean, when you think about the way they behave toward ordinary people who get caught up in drug cases, where they seize all your property and they use absolutely the maximum sentences they can possibly avail themselves of, and in this case they catch a bank that launders billions of dollars for Colombian and Mexican drug cartels … for years on end, and they can’t find something to charge these people with?”

“If the law doesn’t apply equally to everybody, then you don’t really have a system of law.

SNIP...

•As Nobel prize-winning economist Joseph Stiglitz noted years ago:

“The system is set so that even if you’re caught, the penalty is just a small number relative to what you walk home with. The fine is just a cost of doing business. It’s like a parking fine. Sometimes you make a decision to park knowing that you might get a fine because going around the corner to the parking lot takes you too much time.”

SNIP...

Much of this tracks back to the financial crimes that are just officially being acknowledged. It’s important to remember the warnings of Vanity Fair’s Graydon Carter who, years ago,  referred to the criminal practices of big bankers, when he said: “Never have so few done so much to so many.”

CONTINUED...

http://www.globalresearch.ca/conspiracy-theories-versus-financial-crimes-bankers-face-prosecution-for-conspiracy/5316660

We the People are asked to socialize the risk on Wall Street.

The ultrarich are asked to privatize the profit.

That's the deal. Any questions, they aren't taking any.