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The solutions to fines not being enough is really simple (provided we assume a functional justice department). Put people knowingly involved in committing fraud
by gpm 6y ago
The solutions to fines not being enough is really simple (provided we assume a functional justice department). Put people knowingly involved in committing fraud in jail.
Edit: but frankly if the law was regularly enforced I expect fines would be enough here.
- darkwizard42 6y agoWell, yes, but also its very hard (time-consuming, low conviction rate, and expensive to the wrong party - taxpayers) to get jail time for people. It creates a really weird sub-ecosystem of paying to be unaware etc. inside a corporation. I hear you on the fines, but probably the purest form is to allow deregulation for competition but regulate to protect consumer safety (a balance if you will)