Emperor_Gestahl
Muse
- Joined
- Jun 16, 2009
- Messages
- 842
Sure, but I don't think it's necessary for protestors to agree on a single solution to what they're protesting. Maybe they just want Congress to actually agree on a plan for making sure it doesn't happen again, which might include any of the above that you mentioned. Or maybe they want to send a message to those banks to stop the bad behavior.
-Bri
Enforcing the laws they already broke by imprisoning 1000s of them (like with Savings and Loan in the 90s) is the way to deter it from happening again. There's no way to "make sure", criminals will always dream up a new scam, or a new way of dressing up an old one.
Congress isn't helping by repealing things like Glass Steagal but the core problem is the SEC and Justice Department who refuse to bring criminal charges against a single banker. Even Madoff had to turn himself in, they certainly weren't going to stop him. Regulatory capture trumps anything you can do on the legislative side.. A law is just toilet paper if that's all the "police" are using it for.
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