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#310180 - 01/03/19 08:48 PM Re: Justice is coming [Re: NW Ponderer]
jgw Offline
enthusiast

Registered: 05/22/06
Posts: 2766
Loc: Port Angeles, WA
if you google "deutsche bank money laundering scandal" you will find stuff like:
https://www.dw.com/en/deutsche-banks-5-biggest-scandals/a-46510219

I remember when they were caught laundering money for the drug cartels. They freely admitted that they had been doing it for years. Since they were very rich nobody ever did any time, just paid gigantic fines. If have mentioned this one before. The simple fact is that white collar crime is not punished, except by fine, so nobody goes to jail if they have the bucks. This, I think, is somewhat different from the "justice for all" business.

What really get interesting is that we throw lowly drug dealers in prison forever, we throw pregnant women in jail for a pittance, and people stealing food get to do time too. On the other hand, if you got the bucks you can do stuff with no problem. Create false documents to 'prove' you can foreclose on somebody's house? No problem, bit of a fine and little else and screw them that got screwed over (Bank of America has been doing this dance for years). There are lots of examples of this kind of stuff be we are arguing, with a psycho president, over a wall all experts agree is a complete and utter waste of money. Then general consensus is that he should get this money because it really isn't much (only 5 billion dollars). I live in a town of about 19,000 One billion dollars would, I think, buy the entire town, locks stock and inhabitants. It would also build a great hospital and pave a lot of road. None of that, however, is getting even talked about. The talk is just distraction. We have become a nation of distracted, entertained, lazy, and very angry idiots! The entertainment part is particularly interesting as it tends to consist, basically, with watching tv talking heads speculate about whatever. Real news seems to be a kindofa filler and little else.

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#310182 - 01/04/19 02:11 AM Re: Justice is coming [Re: NW Ponderer]
rporter314 Offline
veteran

Registered: 03/18/03
Posts: 7065
Loc: Highlands, Tx
deutsche bank is not state owned as far as I can tell.
_________________________
ignorance is the enemy
without equality there is no liberty
Get off the crazy train!!! ... dump Trump

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#310185 - 01/04/19 03:17 AM Re: Justice is coming [Re: rporter314]
pdx rick Offline
Member
CHB-OG

Registered: 05/09/05
Posts: 42260
Loc: Puget Sound, WA
Originally Posted By: rporter314
OK I am not able to find a "known" name of a state owned bank which has been in the news. There is one possibility "Vnesheconombank". It's Russian and apparently deals in real estate development.

I never wrote it was a bank. I wrote state-owned corporation. I'm sticking with Rosneft Oil per the Steele Dossier. smile
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#310186 - 01/04/19 03:18 AM Re: Justice is coming [Re: rporter314]
pdx rick Offline
Member
CHB-OG

Registered: 05/09/05
Posts: 42260
Loc: Puget Sound, WA
Originally Posted By: rporter314
deutsche bank is not state owned as far as I can tell.

It's not.
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#310187 - 01/04/19 03:21 AM Re: Justice is coming [Re: jgw]
pdx rick Offline
Member
CHB-OG

Registered: 05/09/05
Posts: 42260
Loc: Puget Sound, WA
Originally Posted By: jgw
...If have mentioned this one before. The simple fact is that white collar crime is not punished, except by fine, so nobody goes to jail if they have the bucks. This, I think, is somewhat different from the "justice for all" business.

What really get interesting is that we throw lowly drug dealers in prison forever, we throw pregnant women in jail for a pittance, and people stealing food get to do time too. On the other hand, if you got the bucks you can do stuff with no problem. Create false documents to 'prove' you can foreclose on somebody's house? No problem, bit of a fine and little else and screw them that got screwed over (Bank of America has been doing this dance for years).

I've never thought about jail-time in that way before. But, you're mostly right. Bernie Madoff went to prison. Hmm
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#310190 - 01/04/19 05:35 AM Re: Justice is coming [Re: NW Ponderer]
NW Ponderer Offline
Moderator
Carpal Tunnel

Registered: 09/09/11
Posts: 17220
Are there 20 Republican Senators of principle? I don't think so, yet. It makes a difference when considering overriding vetoes or a President who engages in criminal activities from the White House.

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#310194 - 01/04/19 03:20 PM Re: Justice is coming [Re: pdx rick]
rporter314 Offline
veteran

Registered: 03/18/03
Posts: 7065
Loc: Highlands, Tx
_________________________
ignorance is the enemy
without equality there is no liberty
Get off the crazy train!!! ... dump Trump

Top
#310195 - 01/04/19 03:26 PM Re: Justice is coming [Re: NW Ponderer]
rporter314 Offline
veteran

Registered: 03/18/03
Posts: 7065
Loc: Highlands, Tx
Have to agree and it has been that way for a time now.

I think I have said this preciously, the "treason, bribery, or other high crimes and misdemeanors" has to be so egregious it moves a huge public outcry. So the question is, what would move his base to respond? It is not enough never-Trumpers and the patent opposition make an outcry. Some significant portion of his base has to be moved.
_________________________
ignorance is the enemy
without equality there is no liberty
Get off the crazy train!!! ... dump Trump

Top
#310200 - 01/04/19 07:16 PM Re: Justice is coming [Re: pdx rick]
jgw Offline
enthusiast

Registered: 05/22/06
Posts: 2766
Loc: Port Angeles, WA
You are right about Madoff. However, they also stripped him of whatever he had and he was an individual. Banks, however, are not individuals nor are they stripping said banks of everything and sending the bad guys to jail. Instead the individuals all skate and the bank gets to pay the fine. Basically, the bad guys not only get to skate but their business pays the fines so they just stay rich and quite competent to figure out the next raping of clients.

I was going to say that Madoff wrecked his clients but the banks don't do that. Then I remembered the foreclosures on homes the banks didn't actually own by creating false documents (Bank of America, caught 2 times doing this one). I also remembered when Wells Fargo blithely started charging clients for accounts they didn't know they had been gifted with by Wells Fargo (and charged for). Anyway, the simple fact is that the banks are not all that kindly towards their clients either!

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#310202 - 01/04/19 10:07 PM Re: Justice is coming [Re: jgw]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 9129
Loc: North San Diego County
Quote:
banks are not all that kindly towards their clients either!


No, but on the most part, they deliver fantastic services to their clients for almost no money. I can transfer thousands of dollars between banks, credit union, and investment accounts for NOTHING AT ALL: Zero dollars. They insure my accounts (again for zero dollars), keep them safe, and don't even charge account fees because I keep a few thousand in the account.

Now contrast that with California weed businesses that are not allowed to use banks. They have great piles of cash sitting around that can be stolen. They have to take piles of cash to pay their taxes. I don't even know how they pay their state and federal taxes. Take cash to buy money orders at Postal Annex? Use Starbucks gift cards?

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