Our banking system's latest disgraceMeanwhile, the dreaded plague of moochers who are bankrupting America with their $29 a week of food-stamps remains the hot topic of conversation. And people caught with a joint can lose months or years of their lives, their cars, even their houses. Is this politics? Am I talking politics again? Or just despair?
Thursday, December 13, 2012
Too big to jail
A major bank, HSBC, has just pleaded guilty to laundering money for drug lords and terrorists. These are crimes that would put any of us in jail for decades. The bank? A fine, amounting to a few weeks of earnings.
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