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Unequal Justice: Banker Arrests, 0; Protester Arrests, 2,511

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Unequal Justice: Banker Arrests, 0; Protester Arrests, 2,511

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Cross-Posted From The Roosevelt Institute’s New Deal 2.0 Blog

Equal justice is a basic underpinning of a healthy capitalist system. Without prosecutions for the financial crisis, that principle is being eroded.

Since the start of the financial crisis, Americans have wondered why, if laws were broken, none of the occupants of Wall Street or other financial centers have been arrested. Now arrests are starting to happen with growing frequency. As of Thursday morning, an estimated 2,511 people have been arrested on Wall Street and elsewhere for activities related to the crisis. Unfortunately, it’s the protesters who account for these arrests. So the tally to date: 2,511 people arrested for disturbing the peace and related activities; no arrests for any of the financiers who broke the law and plunged millions into untold misery.

Bruce Judson

Bruce Judson is a bestselling and award winning author, a successful entrepreneur and one of the nation’s leading experts on the implications of rising inequality in America. Most recently, he has been developing, and writing about, a practical theory of sustainable capitalism in America, and how this often differs from current federal and state policies. He writes a regular column titled “Restoring Capitalism” for the Next New Deal Blog, a project of the Roosevelt Institute, and recently served as an Entrepreneur-in-Residence at the Yale Entrepreneurial Institute. Judson’s most recent book, published in 2009, It Could Happen Here: America on The Brink , forecast the rising levels of economic inequality in America, if unchecked, would lead to extreme political polarization, absolute political paralysis, anger and mistrust throughout the society, the collapse of the middle class, followed by protests and reform or political instability.

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2 Comments

  1. IraJinkins October 28, 2011

    This is one reason why we have Occupy Protest going on across America and around our World. Many of us see our elected officials, public officials, judges, news media and American Institutions being corrupted by Casino Capitalism on Wall Street and in banks. None of the Crooks have been held accountable by our judicial systems in America. This has embolden some on Wall Street, Banks and elected officials who are engaging in illegal activities which includes conflicts of interest, bribing and intimidation. Meanwhile we see Americans at Occupy Protest being arrested and facing police brutality. This is not the American System I risk my life for serving in the military.

    Reply
  2. Heru October 29, 2011

    we are in one hell of a mess, and my thought at this point is that if this is one nation under God, then He has got to be ashamed of our actions

    Reply

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