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By and large, language is a tool for concealing the truth. George Carlin
It is a dark day for the rule of law. Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system.
They also have not charged any top HSBC banker in the case, though it boggles the mind that a bank could launder money as HSBC did without anyone in a position of authority making culpable decisions. Clearly, the government has bought into the notion that too big to fail is too big to jail. When prosecutors choose not to prosecute to the full extent of the law in a case as egregious as this, the law itself is diminished. The deterrence that comes from the threat of criminal prosecution is weakened, if not lost.
Originally posted by SaneThinking
I say its about damn time the troubling thing is that none of this is really new, almost everyday we see in plain sight stories outlining the corruption, and yet sit by idling. Since most aren't tuned into that sort of news there just waiting for the next reality tv update, or trash piece on some useless made by the public cue card reader.
Sad when even if it was in neon you'd be hard pressed to get people to listen, but I will always keep posting the links everywhere hoping to wake up all I can...