Prison Planet.com � There’s No Recovery Because the Government Made it Official Policy Not to Prosecute Fraud

Prison Planet.com � There’s No Recovery Because the Government Made it Official Policy Not to Prosecute Fraud: "Fraud caused the Great Depression and it has caused the current financial crisis. But fraud is not not being prosecuted, and so it will occur again and again, and prevent a sustainable economic recovery.

Numerous economists have been saying this for years. As I pointed out in March:



Nobel prize winning economist George Akerlof has demonstrated that failure to punish white collar criminals – and instead bailing them out- creates incentives for more economic crimes and further destruction of the economy in the future. Indeed, William Black notes that we’ve known of this dynamic for “hundreds of years”."