Tuesday, January 8, 2013

Barrack Obama - Mr Law and Order, except if your rich....

Under this corporation we do stand...

In a recent "We the People" petition asking President Obama to leave the people of Colorado and Washington alone [after passing new pot laws] he offered this excerpt from a TV interview:

Barbara Walters:

Do you think that marijuana should be legalized?

President Obama:

Well, I wouldn't go that far. But what I think is that, at this point, Washington and Colorado, you've seen the voters speak on this issue. And as it is, the federal government has a lot to do when it comes to criminal prosecutions. It does not make sense from a prioritization point of view for us to focus on recreational drug users in a state that has already said that under state law that's legal.

…this is a tough problem because Congress has not yet changed the law. I head up the executive branch; we're supposed to be carrying out laws. And so what we're going to need to have is a conversation about how do you reconcile a federal law that still says marijuana is a federal offense and state laws that say that it's legal.

When you're talking about drug kingpins, folks involved with violence, people are who are peddling hard drugs to our kids in our neighborhoods that are devastated, there is no doubt that we need to go after those folks hard… it makes sense for us to look at how we can make sure that our kids are discouraged from using drugs and engaging in substance abuse generally. There is more work we can do on the public health side and the treatment side.

I would laugh if it wasn't such a sickening joke on the American people. HSBC was caught, not just once but twice laundering money for the worst Mexican Drug Lords, Iran, and people with links to Al Qaeda. So what did Mr. Law and Order do you may ask? Throw the book at them? Rendition them to some offshore black site? Nope, not even close. He gave them a $1.9 billion dollar fine and not a second in jail.

$1.9 billion may sound like a heavy fine, but it's less than 10% of their annual pretax profits. This is a bank by the Treasury Department's own admission was involved in over $60 trillion in questionable transactions over a decade. What's worse is HSBC was hardly alone in this matter of being passed over for prosecution because they are 'Too Big to Jail". Five years after the biggest financial collapse in history and still not a single prosecution.

Bottom Line:

The Obama Administration has for all it's claims of being Progressive and anti-business is literally the most lenient administration on White Collar Crime since the 1800's. Wall Street and big business have no incentive, none, to obey our laws because they know the only thing that will ever happen to them is their company [not them] will have to pay some token fine which will be just deducted from their expenses as a cost of doing business. Mean while law abiding citizens like Aaron Sandusky are getting hard time for running a state sanctioned Medical Marijuana dispensary in California.

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