April 09, 2008

No One Could Have Predicted

That BushCo™ would go easy on corrupt corporations:

In a major shift of policy, the Justice Department, once known for taking down giant corporations, including the accounting firm Arthur Andersen, has put off prosecuting more than 50 companies suspected of wrongdoing over the last three years.

[...]

Deferred prosecutions have become a favorite tool of the Bush administration. But some legal experts now wonder if the policy shift has led companies, in particular financial institutions now under investigation for their roles in the subprime mortgage debacle, to test the limits of corporate anti-fraud laws.

Nooooo...do ya think?

I love this bit:

Monsanto, for example, while not admitting guilt, agreed to abstain from further violations of bribery laws.

"Yes, Mr. Prosecutor, I stabbed that man to death but I promise not to do it again."

"Well OK then. On your way."

Meanwhile:

Since the late 1990's average incomes have declined 2.5 percent for families on the bottom fifth of the country's economic ladder, while incomes have increased 9.1 percent for families on the top fifth, said the report from the liberal-leaning Center on Budget and Policy Priorities and Economic Policy Institute.

The result is that the average incomes of the top five percent of families are 12 times the average incomes of the bottom 20 percent.

Gotta strengthen that oligarchy, don't'cha know.

The end of this administration can't come soon enough.


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March 21, 2008

Headline Of The Day

Inflation Hits the Poor Hardest

Thanks, Washington Post, for that stunning revelation.


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