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Saturday, October 22, 2011
Mortgage CEO Gets 40-Month Sentence for $3 Billion Fraud, Homeless Man Gets 15 Years for Taking $100
This image has been making the rounds this week, and for good reason. It elegantly illustrates how our nation treats the haves vs. the have-nots -- the 1% vs. the 99%, if you will. We live in a country where white collar criminals convicted of multi-billion-dollar fraud schemes get less than 3.5 years in prison, while homeless men who take a hundred bucks (and feel bad about it) are tossed behind bars for 15 years. The stories aren't new (the first is from June and the second from 2009), but it hardly matters; you could sub in any of the numerous stories of white collar criminals getting away with enormous crimes, and of poor people being targeted because of their class, and you'd get a similar result. Read more
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