Wednesday, October 28, 2009

Which Crime?

Goldman and the government set up a "no-lose" system for the banks. Serious penalties, such as jail time for bank officers, were the stick. Grant loans or else!

The implication made in this article is that the police are always as pure as the driven snow. When the police are corrupt, they certainly do encourage "the bad guys" to go along.

in reference to: Regulation Didn’t Break Banks; Police Don’t Cause Crime (view on Google Sidewiki)

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