Vietnam Shows How To Clean Up The Banking System: Ex-Banker Faces Death Penalty For Fraud


Vietnam Shows How To Clean Up The Banking System: Ex-Banker Faces Death Penalty For Fraud (ZeroHedge, Nov 13, 2013):

The lack of prosecution of bankers responsible for the great financial collapse has been a hotly debated topic over the years, leading to the coinage of such terms as “Too Big To Prosecute“, the termination of at least one corrupt DOJ official, the revelation that Eric Holder is the most useless Attorney General in history, and even members of the judicial bashing other members of the judicial such as in last night’s essay by district judge Jed Rakoff. And naturally, the lack of incentives that punish cheating and fraud, is one of the main reasons why such fraud will not only continue but get bigger and bigger, until once again, the entire system crashes under the weight of all the corruption and all the Fed-driven malinvestment. But what can be done? In this case, Vietnam may have just shown America the way – use the death penalty on convicted embezzling bankers. Because if one wants to promptly stop an end to financial crime, there is nothing quite like the fear of death to halt it.

Read moreVietnam Shows How To Clean Up The Banking System: Ex-Banker Faces Death Penalty For Fraud

AND NOW: Arkansas Legislative Candidate Charlie Fuqua Endorses Death Penalty For Rebellious Children!!! (Video)

Children are a PERFECT mirror of society.

Mr. Fuqua, you may not like what you see (in the mirror) but killing the mirror is not the solution!

And fear of being killed is not ‘proper respect‘.

Charlie Fuqua, Arkansas Legislative Candidate, Endorses Death Penalty For Rebellious Children In Book (Huffington Post, Oct 8, 2012):

Charlie Fuqua, the Republican candidate for the Arkansas House of Representatives who called for expelling Muslims from the United States in his book, also wrote in support for instituting the death penalty for “rebellious children.”

In “God’s Law,” Fuqua’s 2012 book, the candidate wrote that while parents love their children, a process could be set up to allow for the institution of the death penalty for “rebellious children,” according to the Arkansas Times. Fuqua, who is anti-abortion, points out that the course of action involved in sentencing a child to death is described in the Bible and would involve judicial approval. While it is unlikely that many parents would seek to have their children killed by the government, Fuqua wrote, such power would serve as a way to stop rebellious children.

According to the Arkansas Times, Fuqua wrote:

The maintenance of civil order in society rests on the foundation of family discipline. Therefore, a child who disrespects his parents must be permanently removed from society in a way that gives an example to all other children of the importance of respect for parents. The death penalty for rebellious children is not something to be taken lightly. The guidelines for administering the death penalty to rebellious children are given in Deut 21:18-21:This passage does not give parents blanket authority to kill their children. They must follow the proper procedure in order to have the death penalty executed against their children. I cannot think of one instance in the Scripture where parents had their child put to death. Why is this so? Other than the love Christ has for us, there is no greater love then [sic] that of a parent for their child. The last people who would want to see a child put to death would be the parents of the child. Even so, the Scrpture provides a safe guard to protect children from parents who would wrongly exercise the death penalty against them. Parents are required to bring their children to the gate of the city. The gate of the city was the place where the elders of the city met and made judicial pronouncements. In other words, the parents were required to take their children to a court of law and lay out their case before the proper judicial authority, and let the judicial authority determine if the child should be put to death. I know of many cases of rebellious children, however, I cannot think of one case where I believe that a parent had given up on their child to the point that they would have taken their child to a court of law and asked the court to rule that the child be put to death. Even though this procedure would rarely be used, if it were the law of land, it would give parents authority. Children would know that their parents had authority and it would be a tremendous incentive for children to give proper respect to their parents.

In the same book, Fuqua advocated for expelling Muslims from the U.S., saying it would solve what he described as the “Muslim problem.” Fuqua, who has been backed by the state GOP and is seeking a comeback, has found himself under attack by Republicans since his comments surfaced at the same time it was reported that state Rep. Jon Hubbard (R-Jonesboro) endorsed slavery in his book. Fuqua told the Associated Press that he was surprised by the reaction to his writings on Muslims.

“I think my views are fairly well-accepted by most people,” Fuqua said to AP.

Fuqua declined to answer questions from The Huffington Post.

Read moreAND NOW: Arkansas Legislative Candidate Charlie Fuqua Endorses Death Penalty For Rebellious Children!!! (Video)

California Spends More Than $300 MILLION Per Execution

Death penalty costs California more than $300m per execution (Guardian, June 20, 2011)

The full burden of the death penalty in California has been laid bare by new research that calculates that each of the 13 prisoners executed in the state over the past three decades has cost more than $300m (£185m).

The study, by two senior legal figures, includes costs incurred at both state and federal level in keeping 714 death row inmates incarcerated as well as steering them through the tortuous judicial process all the way to the death chamber. The average length of time between conviction and execution in California now stands at more than a quarter of a century – double the national average.

The report’s authors, a senior judge, Arthur Alarcon, and a professor at Loyola law school, Paula Mitchell, do not make any judgement for or against the death penalty. They simply ask whether the system makes sense and whether Californian voters are getting what they wanted.

The answer is a resounding no, according to the authors. Since 1978 California and the US government have together spent some $4bn on the state’s death row, yet only 13 prisoners have been executed – an average of $308m for each one. The study, first reported by the Los Angeles Times, warns that the total figure will rise to about $9bn by 2030.

Under California’s peculiar penchant for referendums, the death penalty can only be reformed or revoked by voters themselves. Since 1978 voters have consistently opted to widen the capital punishment net so that the state now has the most sweeping laws in the country, with some 39 eligible crimes.

Yet in practice, the legal process has become so cumbersome, and the dearth of expert death penalty lawyers so extreme, that executions happen rarely if at all. Since 2006 there have been no executions as the state’s use of lethal injections has been mired in legal challenges.

“We really want voters to wake up and realise this is a horrible waste of money. If they are going to insist on keeping the death penalty they are going to have to spend even more money to fix it,” said Mitchell.

The alternative to capital punishment – sentencing the most serious crimes to life in prison with no chance of parole – would by comparison be much cheaper. The authors calculate that every year California spends almost $200m more than it would were all death row inmates transferred on to life without parole.

Read moreCalifornia Spends More Than $300 MILLION Per Execution

China executes 9 people a week, says Amnesty

China is executing at least nine prisoners a week and sentencing a further 35 to death, according to Amnesty International.

In a report published today, the human rights group says that while China tries to keep the figures a state secret, the country put to death at least 470 people last year, making it the world’s most prolific executioner,

At least 1,252 people were executed in 24 different countries last year, while 3,347 were sentenced to death in 51 countries. Amnesty adds that some 27,500 people are now on death row around the world.

Second to China was Iran with 317 executions, followed by Saudi Arabia on 143, Pakistan on 135 and the United States on 42.

Read moreChina executes 9 people a week, says Amnesty