Video & Multimedia
Related: About this forumpassiveporcupine
(8,175 posts)Dustlawyer
(10,497 posts)BP settled with the government for 20 billion. Sounds like a lot until you see that the deal is they buy an annuity for way less, pay the fine with the interest on the annuity over 18 years, and get to deduct almost all of it from taxes. The tax payers (us) really pay the fine just like we will pay the fine for Goldman Saks since that tax money should have gone to pay for our costs of government programs, you know, the ones we have to cut because there is simply not enough money!
This is under a Democratic administration, good thing the Republicans were not in the WH, we would all have to write a check to the offending corporation each time they get caught ripping us off! But hey, they did admit they did it this time!
Jack Rabbit
(45,984 posts)We need to expel Goldman Sachs and other crooked Wall Street banks from the big tent. That is a perfectly reasonable idea.
Ah, but what Congress look like if the Democrats didn't take money from tainted? It would probably be full of honest, crowdfunded politicians who will clean up the mess neoliberals have spent three and a half decades making. Anybody who thinks anything is going to get any better with our party being beholden to corporate criminals must have a hole in his head.
Response to Uncle Joe (Original post)
mrr303am This message was self-deleted by its author.