Congress Introduces Legislation to Ensure Corporate Criminals Remain Above the Law
Michael Krieger
LibertyBlitzkrieg.com
Wednesday Nov 18, 2015
House Republicans on Monday unveiled legislation that would decriminalize a broad swath of corporate malfeasance, a move that injects white-collar crime issues into the thus-far bipartisan agenda on criminal justice reform.
The House bill would eliminate a host of white-collar crimes where the damaging acts are merely reckless, negligent or grossly negligent. If enacted, it would make it more difficult for federal authorities to pursue executive wrongdoing, from financial fraud to environmental pollution.
Department of Justice spokesman Peter Carr blasted the legislation in a statement provided to HuffPost, saying it “would create confusion and needless litigation, and significantly weaken, often unintentionally, countless federal statutes,” including “those that play an important role in protecting the public welfare … protecting consumers from unsafe food and medicine.”
– From the Huffington Post article: House Bill Would Make It Harder To Prosecute White-Collar Crime
A key key theme here at Liberty Blitzkrieg from inception is that there are two tiers of justice in America. One for the rich and powerful, another for the poor and voiceless. It’s even worse than that though, since not only are certain segments of the population above the law, they are actually rewarded for a lack of ethics and criminality.
There is no more perfect example of this than the banker bailouts, in which the one sector of the economy that created and nurtured the financial collapse was rewarded with trillions of dollars in taxpayer backstops and bailouts. This same finance sector has seen a disproportionate amount of all income gains since the “recovery” started, precisely because the bailout itself was designed to help it as opposed to the middle class.
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