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Monday, July 19, 2010

Why aren't we passing vast draconian laws against White collar crime?

White-collar crime cases explode
White-collar crime in the first six months of this year hit a record high of $72 million - more than for the whole of 2008 - a survey released today reveals. The Fraud Barometer report, conducted every six months by international auditing firm KPMG, shows that more fraudsters are stealing more money than ever and the statistics are expected to get even worse.

$72 million in the first 6 months of this year huh?. I wonder how many TV's were stolen in that time? Why aren't we passing vast draconian police powers to go after white collar crime? Ooops, I forget. silly me, it's WHITE collar crime, nothing to see here, move along.


At 19/7/10 3:02 pm, Blogger Wayne said...

Well look at the US. Massive corporate corruption totally rooted the world financial system. How many have met condign punishment? Hardly any. While petty crooks get locked up for 25 years to life for stealing a chocolate bar under three strikes.

Pricks like Richard Fuld of Lehmann brothers (484 million US salary).

And it is these same corporate fuckers that get the greatest government bailout in all of human history --- they hate socialism of course when it is for healthcare and welfare ---but they love socialism when the taxpayer bails them out of a fuck-up caused by their own greed in the very first place.

Even now these corporates are paying themselves huge bonuses out of taxpayers money and generally living it up.

What is needed is what 1949 to 1952 China did. Take the fuckers out and shoot them, the whole fucken lot of them.

At 19/7/10 3:46 pm, Anonymous Anonymous said...

Not one of those white collar criminals was a worker on 90 days probation, minimum wage and 3 weeks annual holiday. We only have ourselves to blame tho! Is National really doing what over 50% of the population want?


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