Well, it would have to be more than talk, but Adair Turner’s proposed Too-Big-to-Fail tax could be the most common sense thing I’ve heard coming out of Britain. But frankly, anything to help penalize criminal activity and help level the distribution of wealth, no matter how small a shift, is worthy of consideration.
However, such a tax does not excuse the moral obligation to PROSECUTE CRIMINAL FRAUD.
Should our children’s children live to see the day when a Central Banking Governor is found guilty of conspiracy to commit fraud and is sentenced to 20 years, or when the CEO of an HMO is found guilty of conspiracy to fraudulently deny healthcare to thousands of policy holders, resulting in their deaths, and is sentenced to life, THEN AND ONLY THEN will We the People rest assured that the moral obligations of our nation are being met.
And once those moral obligations are met, then NOTHING will stand in the way of America resuming it’s place as the greatest nation in the world. Until then, we forfeit that right, as our leaders in Washington have, and we remain a corrupt and collapsing empire, in the way of Communist Russia.
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My comment is not for this particular post. It’s the way I view not only this post but your entire site. KEEP UP THE GREAT WORK!!! Our tax dollars has already made these white collar criminals too wealthy already!
But why should they think any different? We’ve bailed out these people several times over the past century. They knew the taxpayers money would come to the rescue when they entered their ‘den of theives’.