AMERIKA: ‘Divided We Stand’, The One Chart That Predicts Our Future – By Charles Hugh Smith — RIELPOLITIK

Source – oftwominds.com “…America is now a rigidly two-tier society and economy. If you’re an executive at a big Wall Street investment bank, you can rig markets and embezzle billions and you’ll never face any personal legal consequences such as being indicted for fraud and being imprisoned. But try being an employee at a local credit […]

AMERIKA: ‘Divided We Stand’, The One Chart That Predicts Our Future – By Charles Hugh Smith — RIELPOLITIK

“I hope it’s not a big surprise that America is now a rigidly two-tier society and economy. If you’re an executive at a big Wall Street investment bank, you can rig markets and embezzle billions and you’ll never face any personal legal consequences such as being indicted for fraud and being imprisoned. But try being an employee at a local credit union and embezzle $5,000–a prison sentence is very predictable.”

I’m compelled to share a personal anecdote on this very alarming reality. In my early 20s (circa 1990) I was arrested at the St. Louis airport for “felony fraud”. I was cuffed, searched and told I’d be extradited to Springfield, MO after a night in the ’holding tank’. I did not learn of my felony crime until many hours later and was completely baffled, my mom and sister who came to pick me up were very worried as I was detained. This felony crime? I wrote checks worth $50 on a closed account to a grocery store several years earlier while I was a college student in Springfield.

The felony charge was eventually dropped, I was not extradited after all, but not after paying a hefty fine to the courts, mortifying my mother, and having a misdemeanor charge on my record for several years afterward. That was my ‘lesson’ for a simple accounting mistake by my 18 year old self.

Author: KenshoHomestead

Creatively working toward self-sufficiency on the land.

4 thoughts on “AMERIKA: ‘Divided We Stand’, The One Chart That Predicts Our Future – By Charles Hugh Smith — RIELPOLITIK”

  1. Was going to write something cheeky buy in deference to the author, I’ll not. What was done as I read it wrong, but the punishment seems ill-suited to the crime. Maybe the author should consider running for congress?

    Liked by 1 person

      1. Thee beest a myte cyniqual? Ponder tho the problem lies not with the wolf that does what wolves do, but with the lambs that lead THEMSELVES to slaughter. Or, the townsmen who refuse the sheriff’s call to posse.

        Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s