#toobigtojail — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #toobigtojail, aggregated by home.social.
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Financial #secrecy and #banks are the source of societal demise
#corruption #Politics #TooBigToJail #capitalism
https://youtu.be/9ILvvxS8foo?is=iJSaIppJzNjGA4OJ -
@xakos hier geht es zwar hauptsächlich um #Kokain, aber auch mit #Cannabis verdient der sog. #Schwarzmarkt Milliarden. Diese Gelder, auch illegale Cannabisdeals, müssen "gewaschen" werden, damit sie die "Nutznieser" dieser "Parallelsysteme" legal ausgeben dürfen, oder investieren, um z.B Assets oder Aktien legal aufzukaufen. siehe #Wachovia #straffrei #toobigtojail #SPD #Finanzminister
Das, als Einstieg in das " #SystemProhibition ", wie ich das nannte. 😀 https://mastodon.social/@Karl_Theodor/115633135807947757
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"Lincare has been repeatedly found guilty of defrauding Medicare; in this century alone, they have been put on probation four times, with a "death penalty" provision that would permanently disqualify them from ever doing business with the federal government. In every case, Lincare committed fresh acts of fraud, but never faced that death penalty.
Why not? Lincare is far too big to fail. In America's bizarre, worst-in-class, world-beatingly expensive privatized health care system, even public health provision (like Medicare) is outsourced to the private sector. Lincare has monopolized oxygen, a famously very important molecule for human survival, and if it were disqualified from serving Medicare, large numbers of Americans would literally asphyxiate.
Lincare clearly knows this. Too big to fail is too big to jail, and too big to jail is too big to care. They are the poster children for impunity, repeat offenders, multiply convicted, and still offending, even today. Lincare has been convicted of fraud under the administrations of GW Bush, Obama, Trump and Biden, and they're still in business."
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2008 was when the Global Financial Collapse hit.
A neat short-term hit of schadenfreude, at the cluelessness and madness of #Finance as any kind of sensible industry.
But immediate and ongoing pain in 2008 for basically everyone as soon as we realised the architects of that disaster would stay in the job & be rewarded with government bailouts.
At our expense, as drastically imposed austerity measures to "pay for" this.
#PrivatisedGains #SocialisedLosses #TooBigToJail #TooFuckedToSave
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CW: Long thread/48
This is the Great Enshittening, a moment of universal, end-stage platform decay. As the platforms burn, calls to address the fires grow louder and harder for policymakers to resist. But not all solutions to platform decay are created equal. Some solutions will perversely *enshrine* the dominance of platforms, help make them both #TooBigToFail and #TooBigToJail.
48/
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CW: Long thread/6
*Internet Con* is a "#BigTech disassembly manual." It explains how Big Tech got so big (lax anti-#monopoly enforcement, which led to #RegulatoryCapture, which let Big Tech abuse our privacy, #labor rights, and #consumer rights), and how we can use #interoperability so it's no longer #TooBigToFail, nor #TooBigToJail:
https://www.versobooks.com/products/3035-the-internet-con
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CW: Long thread/3
The paper sent seismic shocks through both legal and economic circles, and goosed the #NeoBrandeisian movement (sneeringly dismissed as "#HipsterAntitrust"). This movement is a rebuke to #Reaganomics, with its celebration of #monopolies, #TrickleDown, #offshoring, corporate dark money, revolving-door #RegulatoryCapture, and companies that are simultaneously #TooBigToFail and #TooBigToJail.
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CW: Long thread/3
The paper sent seismic shocks through both legal and economic circles, and goosed the #NeoBrandeisian movement (sneeringly dismissed as "#HipsterAntitrust"). This movement is a rebuke to #Reaganomics, with its celebration of #monopolies, #TrickleDown, #offshoring, corporate dark money, revolving-door #RegulatoryCapture, and companies that are simultaneously #TooBigToFail and #TooBigToJail.
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CW: Long thread/3
The paper sent seismic shocks through both legal and economic circles, and goosed the #NeoBrandeisian movement (sneeringly dismissed as "#HipsterAntitrust"). This movement is a rebuke to #Reaganomics, with its celebration of #monopolies, #TrickleDown, #offshoring, corporate dark money, revolving-door #RegulatoryCapture, and companies that are simultaneously #TooBigToFail and #TooBigToJail.
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CW: Long thread/3
The paper sent seismic shocks through both legal and economic circles, and goosed the #NeoBrandeisian movement (sneeringly dismissed as "#HipsterAntitrust"). This movement is a rebuke to #Reaganomics, with its celebration of #monopolies, #TrickleDown, #offshoring, corporate dark money, revolving-door #RegulatoryCapture, and companies that are simultaneously #TooBigToFail and #TooBigToJail.
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CW: Long thread/3
The paper sent seismic shocks through both legal and economic circles, and goosed the #NeoBrandeisian movement (sneeringly dismissed as "#HipsterAntitrust"). This movement is a rebuke to #Reaganomics, with its celebration of #monopolies, #TrickleDown, #offshoring, corporate dark money, revolving-door #RegulatoryCapture, and companies that are simultaneously #TooBigToFail and #TooBigToJail.
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Eine neue Form des zivilen Widerstands ist in Wien angekommen: offen angekündigte aber nicht angemeldete Protestmärsche, bei denen jede/r mitgehen kann. Wenn genug teilnehmen ist der Rechtsstaat am Limit: #TooBigToJail. Werde dort sein. https://t.co/UTsVCxn3Fb
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Quelle: ReiSteurer
URL: https://twitter.com/ReiSteurer/status/1658559912274808832 -
CW: Long thread/3
Unfortunately for capitalism, auditing is irredeemably broken. The Big Four auditors (#PWC, #EY, #Deloitte and #KPMG) have merged to monopoly, becoming #TooBigToFail and #TooBigToJail. These four gigantic firms have spun up fantastically lucrative "consulting" divisions that advise companies on how to cheat on their audits and attain incredible (paper) gains.
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CW: Long thread/32
It's run by Party Secretary Bezos and his Commissars, who decide which goods are can be profitably made and sold.
Companies are disciplined by two forces: competition and regulation. But a company that doesn't face competition swiftly becomes ungovernable, because its centrality makes it #TooBigToFail, while its monopoly profits make it #TooBigToJail.
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CW: Long thread/10
Economism says that we can allow monopolies to form and harness them to do only good, enforcing against them when they abuse their market dominance to hike prices. But once a monopoly forms, it's *too late* to enforce against them, because monopolies are both #TooBigToFail and #TooBigToJail:
https://doctorow.medium.com/small-government-fd5870a9462e
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CW: Long thread/24
There are plenty of good reasons for the STB to have blocked this merger. The rail industry is already excessively concentrated, and its top execs are so convinced that they're both #TooBigToFail and #TooBigToJail that they're rendering entire towns permanently uninhabitable in order to eke out a few more points in profit:
https://pluralistic.net/2023/02/11/dinah-wont-you-blow/#ecp
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CW: Long thread /eof
It's just another reminder that the US doesn't have "corporate criminals" because the US doesn't have any meaningful enforcement for corporate crimes. In America, we love our companies like we love our billionaires: #TooBigToFail and #TooBigToJail:
https://pluralistic.net/2021/10/12/no-criminals-no-crimes/#get-out-of-jail-free-card
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Image:
Ryan Lee (modified)
https://www.flickr.com/photos/190784293@N05/50862532686CC BY 2.0
https://creativecommons.org/licenses/by/2.0/Henry Wadey (modified)
https://commons.wikimedia.org/wiki/File:Flames_%2858765896%29.jpegCC BY 3.0
https://creativecommons.org/licenses/by/3.0/deed.eneof/
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@pinkprius
It would be good to show the tens of #billions of #moneyPrinting done every day in late 2019, to keep the #shareMarket kicking.#pyramidScheme #ponziScheme #speculation #zombieBanks #friendsOfJeffreyEpstein #jeffreyEpstein #bankers #centralBanking #GIABO #bankerOccupation #wallStreet #tooBigToFail #tooBigToJail #fiatCurrency #ponzi #fiat #cantillonEffect #trickleDownFallacy #assetInflation
