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Reply #10: I picked the jail option [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-17-09 10:31 AM
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10. I picked the jail option
fundamentally the reason why the economy is grinding to a halt is that there is no trust - too many people cheated too much (and continue to), and worse, the vast majority continue to get away with it. Without trust, doing robust business is impossible. So my opinion is that once we visibly see people going to jail for the massive frauds that have occurred, both people and businesses will be wary of the types of investments and commitments necessary to return to prosperity.
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