Thursday, October 11, 2012

12-10-12 Telecoms join the Robber Barons class... knighted by SCOTUS

 AT&T

The telecoms are the latest to gain the status of immunity for criminality. Before them were the banksters and defense contractors.
The emergence of a class, vested in retroactive and prospective immunity for criminality was the essence of the medieval German Robber Baron Era and the post Civil War American Robber Baron Era.  It is also the essence of the current Robber Baron Revival Era.
The decision of the Supreme Court is understandable, for its political expediency: Whatever crimes were not for profit, were perpetrated by telecom on behalf of the US government...
Undoing such corrupt new legal-social-corporate construct will take generations, or a civil war.
JZ
LINKS:
[1] 12-01-30 Vistas in Legal-Economic Theory: Perpetual corporate immunity as a major intangible capital asset and a driving force in socio-economic development, or lack thereof
[2] 12-06-08 Courts and Judges as racketeering enterprises under RICO (the Racketeer Influenced and Corrupt Organizations Act) - key element in the current financial crisis
+++++

By Glenn Greenwald
The US supreme court just consecrated one of the most corrupt acts of the US government over the past decade: its vesting of retroactive legal immunity in the nation's telecom giants after they had been caught red-handed violating multiple US eavesdropping laws.
READ MORE:

No comments: