A Bank or Large Medical Company get's fined.. at the most.. for a couple of billions.. which is a lot of money but merely pocked change for these institutions when exposed with fraud and rigging for even more billions.
One county in the US is hopefully taking measures to address these issues.. and it's the county of Santa Cruz.
What exactly does it mean for a big Wall Street bank to plead guilty to a serious crime? Right now, practically nothing.
But it will if California’s Santa Cruz County has any say.
First, some background.
Five giant banks — including Wall Street behemoths JPMorgan Chase and Citicorp — recently pleaded guilty to criminal felony charges that they rigged the world’s foreign-currency market for their own profit.
This wasn’t a small heist. We’re talking hundreds of billions of dollars worth of transactions every day.
The banks altered currency prices long enough for the banks to make winning bets before the prices snapped back to what they should have been.
One of the sports I like in the US is baseball, the pitcher throws a curve ball that the hitman is trying to get.. The trajectory of the ball is hard to predict due to the curve.. the same principal applies in a soccer free kick, where the ball is hit so the trajectory is hard to predict often leaving the goal tender with his weight on the wrong foot .. seeing the ball hit the net.
The commercial curve ball is the same.. it's made so we don't see what it's actually doing! The ball is huge and interlinked with everything within commerce. The smallest purchase can be tracked and accounted for if need be. This curve ball also fit's perfectly with our political system...
The other day I did read that Obamas assured Brazilian President Dilma Rousseff that the US wouldn't spy on Brazil and it's internal affairs again. Talk about yet another curve ball.. but in politics. Does anyone believe that?
Look at the arrogance combined with ignorance in the statement below from the US administration...
Quote from The Guardian !
Asked if Obama would say sorry, Rhodes – one of his closest advisers – replied: “We have not made it a practice to issue apologies related to our surveillance activities.”
What I'm getting is that lot's of things transpiring in the world now has a purpose. That purpose is to make us aware if we choose to. I think it will get even worse before it gets better cause there will be some kind of AWARNESS tipping point.. that will make this beast role over once and for all .. at least that is what I see.
Every PROBLEM re-appears until it's addressed properly.. this is what we are seing now with the debates about "alternative medicine", vaccines, drugs, trafficking, Banking and GMO crops..
Hopefully and finally we might hit that curveball once and for all.. ! Btw don't get too winded up in the drama unfolding by any means .. may it be whistleblowers from Secret Space Programs or what not..