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PaulX2

(2,032 posts)
Sun Apr 8, 2018, 06:33 PM Apr 2018

Name The Last Billionaire Arrested

Not one single billionaire has committed a single crime in America, right?

If they did I am sure they would be arrested, right?

Right?

They need to change the name of the Justice Department.

How about the "Justice Inflicted On The Poor Only Department" or the "Scot Free Department".

Right?

19 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Name The Last Billionaire Arrested (Original Post) PaulX2 Apr 2018 OP
OK ProudLib72 Apr 2018 #1
Manafort! imanamerican63 Apr 2018 #2
He's Not A Billionaire PaulX2 Apr 2018 #6
Hence the icon! imanamerican63 Apr 2018 #8
Thanks I Remember Now PaulX2 Apr 2018 #3
And the way to fix this is demand perfect candidates? Eliot Rosewater Apr 2018 #4
Only Support Candidates Working To Get The Money Out PaulX2 Apr 2018 #5
... Eliot Rosewater Apr 2018 #7
Billions can buy almost anything. democratisphere Apr 2018 #9
There are 500-600 billionaires in the US. Igel Apr 2018 #10
not sure if Robert Durst is a billionaire or not. Cobalt Violet Apr 2018 #11
Not sure he hit the mark, but Bernie Madoff Tom Rinaldo Apr 2018 #12
How are we supposed to know this? Your point doesn't work because we don't have the tools we need stevenleser Apr 2018 #13
Was that turd shrkeli a billionaire? nt Ilsa Apr 2018 #14
Nope, he was only worth 27 million ProudLib72 Apr 2018 #15
Bernie Madoff was close to a billionaire when he fell. Caliman73 Apr 2018 #16
Probably John Dupont fescuerescue Apr 2018 #17
With less than 600 billionaires in the USA DFW Apr 2018 #18
What was Pharma Douche worth when they picked him up? jmowreader Apr 2018 #19
 

PaulX2

(2,032 posts)
5. Only Support Candidates Working To Get The Money Out
Sun Apr 8, 2018, 06:43 PM
Apr 2018

From the primary on. And go after Supreme Court Scum who urinated on the founding fathers graves by voting for Citizens United.

George Washington would have had them hung.

Igel

(37,535 posts)
10. There are 500-600 billionaires in the US.
Sun Apr 8, 2018, 07:22 PM
Apr 2018

Google tells me (and since when does Google lie?).

That's a small sample. Most are white, so if you get 1 murder per year per 100,000 people, you'd expect a murder every 180 years. But if we include their families, that would come down to a murder every 20 years or so. I suspect it's less because there are other ways of getting rid of somebody.

Many of the billionaires are surrounded by lawyers and most of their acts are intensely private. Remember that one difference in minority and white drug use in the US that leads to higher incarceration rates is where the drugs are used: Use them on the street corner, get high in public or in the alley, you're more likely to be busted than if you and your buddies are in the upstairs play room of a 2500 sq foot house on a cul de sac. A lot of things that happen in private are illegal are never brought to the authorities' attention.

Similarly with a lot of violent crime. If you are involved in something and have a lot of money, you can buy silence from your victim; or, if the victim is in the family, the abused might see a real fiscal incentive to just not say anything. "Let's see, if I go public the stock will tank and we'll lose $300 million, half of which is mine. No, that broken cheekbone is worth the $."

That the public defender "offices" are scandalous is well known. Billionaires have lawyers. They do better than the public defenders.

Notice that we haven't gotten to corruption and connections yet.

Then there's the claim that many crimes are out of desperation--whether drug-related robberies or poverty-induced burglaries. "Sorry, your honor, I needed to rob that house because I was strung out on drugs and my $500 million trust fund wasn't enough" makes absolutely no sense. Then there's the old honor-based crimes, "You said what about my girl? I'm going to bust your face!" That gets old quick, but among the elite that's handled differently.

Others are technical violations. No license? More scrutiny, leading to something else discovered. Nobody's killed "because their tail light wasn't working," but a non-working tail light can certainly lead to circumstances in which something you do can be misconstrued. Or where what you do isn't misconstrued but done out of panic or while trying to flee. Got money? Lots of that kind of problem go away.

And we're still not at corruption and connections.

Then there's butt-covering to the max. If a billionaire that has control over a business has underlings who make bad decisions, (1) they made the decision based on expectations and not necessarily direct orders, so the billionaire isn't responsible; (2) incorporation provides an entity that can be sued that's different from the person of the investor.

Now, verging on connections, there's prosecutorial discretion. If you believe that the person acted in good faith, if it was an accident or oversight not likely to be repeated, you're more likely to not prosecute. Look at the DA. Look at some punk's file photo and background. Look at the billionaire's file photo and background, which usually includes a lot of "good works". This isn't corruption. This is, "I'm like them and I'm in solidarity with them, I empathize with them more easily, so you know, I'll let them off the hook."

Tom Rinaldo

(23,187 posts)
12. Not sure he hit the mark, but Bernie Madoff
Sun Apr 8, 2018, 09:02 PM
Apr 2018

By the late 1980s, Madoff was making in the vicinity of $100 million a year. He would become chairman of the Nasdaq in 1990, and also served in 1991 and 1993.

He launched the largest Ponzi scheme in history. Madoff was sentenced to 150 years in prison and forced to forfeit $170 billion in 2009. His three homes and yacht were auctioned off by the U.S. Marshals. He resides at the Butner Federal Correctional Institution in North Carolina, where he is prisoner #61727-054. (See also, Bernie Madoff Runs a Hot Chocolate Monopoly in Prison.)

Again, I don't know if his personal assets ever reached 1 Billion dollars however.

 

stevenleser

(32,886 posts)
13. How are we supposed to know this? Your point doesn't work because we don't have the tools we need
Sun Apr 8, 2018, 09:08 PM
Apr 2018

to search and find out one way or the other.

Some folks have come up with fairly recent anecdotes. Given there are only 500-600 billionaires in the US the fact that half a dozen or so recent examples have been given seems also to be problematic for the point you are trying to make.

Caliman73

(11,767 posts)
16. Bernie Madoff was close to a billionaire when he fell.
Mon Apr 9, 2018, 12:29 AM
Apr 2018

His net worth was over 800 million, but point taken. Justice, like almost everything else in the United States, is a commodity. The more resources you have, the more likely you can buy your way out of problems.

DFW

(60,181 posts)
18. With less than 600 billionaires in the USA
Mon Apr 9, 2018, 01:15 AM
Apr 2018

How many need to be arrested before it's "OK?"

Do all criminals worth a "mere" $100 million get second class status?

Wealth per se should not be a get-out-of-jail-free card, but nor is lesser wealth a reason for immunity from prosecution.

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