Thursday, March 12, 2009

Madoff Mayhem

Ok, before I begin this rant, look at this picture. My man Bernie is straight pimpin'. Not only does he not have to carry his own umbrella, but the person who carries it for him remains out of his sight. Shalom L'chaim bro.

Bernie Madoff is an asshole. He knowingly defrauded hundreds of his own people out of their life savings in order to make himself a fortune. As of today, he's set up to spend his last days behind bars. That's fine, but for people like this I'm a bigger fan of the firing squad (that's quick, no sodium pentathol).

So Madoff is done (sorry, but Bernie in my book is CF #51, so I won't tarnish the name anymore). Good job justice system, you got something right for once. But, one question: Where are the prison sentences for the CEOs of AIG, Lehmann Bros., Bear Stearns, Citi, BofA and the heads of Fannie and Freddie? All these usurers got us to where we are now; in a drain spinning down.

It would be hard to any lawyer or politician to convince me that these people don't belong behind bars making friends with some poor minority inmates. Not only would it be an interesting experiment to see the winner of Darwinism v. Social Darwinism, but it would be righteous. We are a country that jails 2.2 million citizens. Over 1 million of those are for non-violent drug offenses. Most of these 2.2M come from poverty. Yet those with suits and an MBA get a slap on the wrist. Their children get to keep their trust funds and Upper West Side palace apartments. This has nothing to do with white or black, but everything to do with rich or poor.

It's the white collar criminals who really ruin people's lives. In hard times, people want their money to be safe, yet the greed of a few has ruined the frugality of the many. You never hear of bank robberies anymore; maybe it's that the bankers have already taken it for themselves.

Drugs are bad, but a drug dealer never took hundreds of his own people for their life savings. Drug dealers buy for a nickel and sell for a dime. Drug dealers are trying to be successful in a society that has set them up for failure. Drug dealers never bought up bogus mortgages. Drug dealers know better than to lend money to people who can't pay it back. What is and is not a crime is a social-construction. Selling drugs is illegal because poor people do it. Buying up bad mortgages and speculating with other's money isn't because people do it from an office with a suit on.

"Capitalism is glorified institutionalized street crime. "

No comments: