Do We Let the Filthy Rich “Get Away With” Their Crimes?

The note accompanying the meme here reads: “The luckiest thing the super-rich have going for them is that the rest of us let them get away with it.”

Well, let’s put this into perspective.  “The rest of us” aren’t responsible for enforcing securities laws, any more than we’re responsible for enforcing laws against fraud, murder, and the like.

We pay taxes so that our government can establish and hold in place our Securities and Exchange Commission (SEC), whose job it is to make sure that things like illegal manipulation of stock prices and the breakage of binding contracts are prosecuted.