Jan 6, 2016

Justice Dept. Now Extracting Payoff Fines Instead Of Prosecuting Criminals

Common Sense Commentary: There are now dozens of cases where the Justice Dept. has fined corporations large sums, but less than their illegal gains, instead of prosecuting the criminal actions of the executive officers of the corporations.
The "Justice Dept." is supposed to seek justice, not just money, from criminals.
This would include fining the evil doers but also prosecuting them so they, and others, would cease to commit these crimes. Instead, our government has simply harnessed up these criminals as a source of income and permitted them to continue their illegal schemes, with impunity, except for the next payoff fine. These crooked company executives know they will gain more profit than their company pays in fines, with no fear of personal loss or penalty to themselves.
The Democrat Justice Department has thereby undermined the entire system of Free Enterprise Capitalism and made it a cash cow, for their insatiable lust for money, at the expense of the American people who are forced to pay higher prices for those companies products. RB

Here is an excerpt from an excellent speech, printed in Hillsdale College's Imprimis Publication, by a former U.S. Attorney General.

Michael B. Mukasey served as the Attorney General of the United States from 2007-2009, as a U.S. district judge for the Southern District of New York from 1988-2006, and as an assistant U.S. attorney for that same district from 1972-1976. In 1995, he presided over the trial of Sheik Omar Abdel Rahman and others for a plot to blow up New York area landmarks. He received his B.A. from Columbia University and his LL.B. from Yale Law School.

The following is adapted from a speech delivered on July 19, 2015, aboard the Crystal Serenity, during a Hillsdale College cruise from Lisbon to London.

If you think about it, it makes sense that in America—the only nation in the world to define itself not by blood or land, but by a law, the Constitution—the government agency charged with enforcing that law, and enforcing the laws passed under it, would be called the Department of Justice. As such, the work of the Justice Department is highly important. It plays a fundamental role in our nation’s life, because its work has to do in one way or another with how honest, how fair, and how safe our country is.
That being said, I’m regretful to have to add that in a country where honesty, fairness, and safety are so strongly influenced by one department of government, over the past six years—largely because of that department’s work—our country has grown less honest, less fair, and less safe than it ought to be. Let me give you some examples.
Recently we hear a great deal about the prosecution of “evildoing” corporations, but not so much about the prosecution of individuals who are the alleged evildoers. Why is that? To be specific, a lot of what we hear with respect to corporations is not about prosecutions at all—it’s about “deferred-prosecution agreements” or “non-prosecution agreements,” agreements that extract enormous financial penalties. Indeed, the current Justice Department takes pride in setting record after record in terms of collecting these penalties.
Other attorneys general, myself included, made such agreements. But the penalties that have been extracted over the past six years are unprecedented. They involve numbers in the billions, and are of a scale that makes it appear that the Justice Department is acting as a profit center for the government.
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