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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="zubenelgenubi" data-source="post: 3346834" data-attributes="member: 63706"><p>They always do, but the law is still the law, and fraud is fraud and is illegal. If there is no will to uphold the law, then what good are regulations going to do? If they fine a corporation, that corporation will pass the cost along to employees and customers. Regulators could revoke whatever licensure the company has to conduct their business, but that will also hurt the employees and customers more than the people actually responsible. When members of corporation (executive staff or board of directors, etc.) commits fraud (or any other crime), the person(s) responsible should not only face prison time, their personal wealth should be accessible for reparations.</p></blockquote><p></p>
[QUOTE="zubenelgenubi, post: 3346834, member: 63706"] They always do, but the law is still the law, and fraud is fraud and is illegal. If there is no will to uphold the law, then what good are regulations going to do? If they fine a corporation, that corporation will pass the cost along to employees and customers. Regulators could revoke whatever licensure the company has to conduct their business, but that will also hurt the employees and customers more than the people actually responsible. When members of corporation (executive staff or board of directors, etc.) commits fraud (or any other crime), the person(s) responsible should not only face prison time, their personal wealth should be accessible for reparations. [/QUOTE]
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I drink your milkshake! a metaphor for capitalism
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