Madoff Faces 150 Years: Apparently White Collar Crime Means Prison but Only if you Steal From Rich People

I am sure many people have been following the Madoff scandal. It seemed like every day there was a new piece to the puzzle from him still living in the lap of luxury but with armed guards to apparently have been doing this close to 10 years without even a glimpse of getting caught. I even read many news stories that said he might not even go to jail!!! Apparently stealing millions and billions from everyday people isn’t enough to warrant a crime. I honestly don’t know what suddenly changed but something did because now he is facing 150 years behind bars.

But surely there is more to this story than meets the eye because anyone who has lived in this country for the past 25 years or so knows that if you steal millions of dollars from poor people most likely you won’t even go to jail and even if you do you probably get to play golf every day. Most likely you will just get a presidential pardon or even a TV deal. So what is different here? All I see is that in this case a lot of really wealthy and powerful people lost millions of dollars because all things being equal this isn’t much different than any of the other dozens of banking scandals. In this case it wasn’t just 401ks that are now worthless and ordinary people being ripped off because that happens all the time but in this case it was some really powerful people who are now broke. Either way I am glad this guy is going away for a long time but it’s too bad that so many others walk with barely doing any time meanwhile our prison system is filled with innocent people, people who are there because of the color of their skin or a huge percentage for simple drug possession or just drugs in general while rich and powerful drug addicts are on the radio every day.

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