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Let there be no doubt: There are two systems of justice in America.
If you don’t think so, consider this:
Some dopey teenager breaks in to several homes and businesses - let’s say three or four dozen places over a period of several weeks. The area of town he has targeted is on high alert, because he is hitting two or three locations every night.
So far, he has burglarized only wealthy residents and businesses with a lot of cash on hand, and his haul is approaching $1 million in jewelry, cash and valuable items, from computers to heirlooms. Finally he is caught and eventually sentenced to eighteen years in prison.
Then there’s a New York “investment banker” who, through a series of chain-reaction transactions known as a “Ponzi” scheme, steals from the rich and gives to the rich, keeping a huge fortune of the money for himself.
One of his problems, after many years of working his con, is that he is giving away more and keeping more than he is taking in. After awhile he is taking in far, far less than he is expected to give out.
In the end, he’s out of cash, but he owes his “investors” about $50 billion that he doesn’t have.
His trick, as illegal as the routine of the kid who burglarized buildings, was to lie to his clients, take their money, dish out lucrative returns, all by giving new investors’ money to previous investors, until there was not enough coming in to pay out.
Meanwhile, he was stealing hundreds of millions from the fund for himself.
The dopey kid stole $1 million, and he gets eight years in prison. The slick New York investor stole $50 billion - 50,000 times as much money - and is facing two years in prison.
If that doesn’t convince you that there are two systems of justice - one for the wealthy and one for the rest of us - consider this:
If the victims of the burglar can’t get their possessions back, they can only recover from their insurance companies.
But, it turns out, the victims of the New York investor might be bailed out by American taxpayers.
That’s right - they appear to qualify for a bailout, up to the tune of millions and millions each.
If you or I had been swindled by a bank or by a stockbroker, our accounts would be insured up to $250,000 by the Federal Deposit Insurance Corporation.
The New York investment genius, Bernard Madoff, made his services available only to a small circle of wealthy friends. You and I could play the stock market, but Madoff’s customers had a greased path to riches - because they were rich.
And, just because they were rich and trading in millions while we were average folks trading in hundreds, they enjoy unlimited taxpayer protection and the victims of the burglar are protected to the limits of their private insurance policy.
Now convince me there aren’t two system of justice.
How does this apply to people like Al Gore, the biggest hypocrite of our times?
Not only does Gore preach to the rest of us to buy electric cars and solar-heated homes to save energy, while he jets around spewing pollution out of his private jets’ exhausts, he is heavily engaged in hedge funds of the kind Madoff’s friends were attracted to.
He spent the better part of two years working at a hedge fund, saying he wanted to learn how they operate and apply that knowledge to helping the poor.
Four years later, he has shared no information that he learned on the job. He has not come up with any innovative way to help the poor.
All he has done is take what he learned to start his own businesses, built on the myth and scare of global warming, and encouraged others to put their money in his bottomless pit.
The next big economic scandal is coming - and it is green.