The Difficulty In Prosecuting Wrongdoers - 12/16/13

The Wake Up Call show

Summary: An attempt to interject a measure of reality into the conundrum of why so few people are ever indicted despite the fact that their corporations are sometimes fined billions of dollars. There is a tremendous amount of ignorance surrounding this situation. Prosecutors love to prosecute. It’s what raises their reputations and furthers their careers. Quick market comment. Consumer spending based entirely on real estate and cars. The NSA’s spying on foreign countries, especially emerging countries, has led them to curtail business with the United States, especially tech companies. More details on the ridiculous sub-prime loans being made in the car industry. The futility of trying to arouse the American people as experienced by Karl Denninger. Greenspan’s absurd comments on Bitcoin. Some detailed statistics proving that real estate is in serious trouble