There Oughta Be A Law!

[xthread]

In another venue, someone argued 'the people who caused the mortgage meltdown be in jail?!'

I don't know if any of you, dear readers, happen to hold that view, but, if you do, would you be so kind as to tell me, in general terms, who you think ought to be in jail, and in specific terms, what you think they should be in jail for?

Let me note two important things at the outset: remember that lying to people is usually only against the law if you're doing so to cheat them out of money (which is why Bernie Madoff is in jail), and it's unconstitutional to make laws that make something retroactively illegal.

Got your moral outrage ready? Go!

Comments

[xthread.livejournal.com]

Well, yes, and laid of a few tens of thousands of line finance people in Manhattan as well.
And fired the CEOs of almost every major financial institution in the country.
But that doesn't fit the conceptual narrative, so people forget.

[feyandstrange.livejournal.com]

Clearly we need to replay the perp walks on the nightly news to act as context for current stories about mortgagees losing their homes or whatever.