Taibbi: U.S. has two criminal justice systems

[HT: Chief].  Taibbi's latest article is worth reading in full -- with outrageous personal anecdotes for my conservative readers! -- but this pretty much sums it up:

The Madoff case proved that in order to actually be convicted and jailed for a Wall Street crime, you practically have to show up, weeping and spontaneously confessing, on the doorstep of the regulatory authorities.

In the early 90s, the US convicted more than 900 people in criminal prosecutions connected to the savings and loan crisis, a mass-fraud scheme similar to the sub-prime mess, but far less serious. This time around, the number is zero. Not one significant Wall Street executive has seen the inside of a jail cell for even one night for the egregious crimes connected to the financial crisis.

Meanwhile, the US boasts the largest prison population in the history of humanity, edging out even the gulag under Stalin.

There are a lot of reasons for the disparity, but two stand out: there are virtually no cops on the Wall Street/rich white people beat, and what few regulators there are increasingly don’t believe that paper or computer thefts in the millions or billions are “crime crimes” that warrant jail time.

Black people and better-off white people have almost completely different experiences with U.S. police and the criminal justice system. It's really two systems masquerading as one.

The US justice divide: why crime and punishment in Wall Street and Ferguson are so different

By Matt Taibbi

October 17, 2014 | Guardian

URL: http://www.theguardian.com/us-news/2014/oct/17/us-justice-divide-crime-punishment-wall-street-ferguson

News digest / Catching up on news (09.07.2014)

Here's more good stuff from my mailing list that I didn't have time to re-post on TILIS:

"Russia sees a military solution in Ukraine even if the West doesn’t." By Editorial Board, September 5, 2014, Washington Post. URL: http://wapo.st/Yj13ir  

"To recline your seat or not? Stop arguing. Capitalism already won this stupid war." By Oliver Burkeman, September 3, 2014, Guardian. URL:http://gu.com/p/4x9fj  

"The Senate Republicans’ foolish fight over ambassadors." By David Ignatius, Septmeber 2, 2014, Washington Post. URL: http://wapo.st/1w4aflz

"A second Sunni Awakening?" By Fareed Zakaria, September 2, 2014, Washington Post. URL: http://wapo.st/1lz1QpE

"Putin's Trap: Why Ukraine Should Withdraw from Russian-Held Donbas." By Alexander J. Motyl, September 1, 2014, Foreign Affairs. URL:http://www.foreignaffairs.com/articles/141946/alexander-j-motyl/putins-trap  -- A CONTROVERSIAL POINT OF VIEW; BUT IF THIS PAINFUL OUTCOME IS TO HAPPEN ANYWAY, SHOULDN'T UKRAINE TAKE THE INITIATIVE?

"Why does Putin wage war with Ukraine?" By Boris Nemtsov, September 1, 2014, Kyiv Post. URL: http://www.kyivpost.com/opinion/op-ed/why-does-putin-wage-war-on-ukraine-362884.html

"Labor Day: The Beginning of a Breakthrough." By Robert Kuttner, August 31, 2014, Huffington Post. URL: http://huff.to/1Chs0SW

"We need to tell the truth about what Russia is doing in Ukraine."  By Wesley Clark, August 31, 2014, Guardian. URL: http://gu.com/p/4x6hh

"A Market Basket of dignity." By E.J. Dionne, August 31, 2014, Washington Post. URL: http://wapo.st/1owAqLW  -- AT LEAST ONE CEO NOW GETS IT; I GUESS WE JUST HAVE TO FIRE THEM ALL SO THEY WILL UNDERSTAND

"Russian nationalism and the logic of the Kremlin's actions on Ukraine." By Henry E. Hale, August 29, 2014, Guardian. URL: http://gu.com/p/4x5tq  -- REMEMBER, IN UKRAINE NATIONALISM IS CALLED 'FASCISM'; IN RUSSIA IT'S PATRIOTISM

"Why Russia Wants the Federalization of Ukraine." By Alexander Motyl, August 28, 2014, Huffington Post. URL: http://huff.to/1tH7Uxu

"NC Pension Deal: How Wall Street Ends Up Getting Cash Meant for Main Street." By David Sirota, August 26, 2014, International Business Times. URL:http://www.ibtimes.com/nc-pension-deal-how-wall-street-ends-getting-cash-meant-main-street-1669174

"Subverting the Inversions: More Thoughts on Ending the Corporate Income Tax." By Dean Baker, August 26, 2014, CEPR. URL:http://www.cepr.net/index.php/blogs/beat-the-press/subverting-the-inversions-more-thoughts-on-ending-the-corporate-tax

"Donetsk POW March: When Is A Parade A War Crime?" By Carl Schreck, August 25, 2014, RFE/RL. URL: http://www.rferl.org/content/ukraine-pow-march-war-crime/26548667.html  -- OF COURSE IT'S A WAR CRIME BUT FAT CHANCE IT'LL BE PROSECUTED

"Hawks Crying Wolf." By Paul Krugman, August 22, 2014, New York Times. URL: http://huff.to/1BJIHpT  -- I BELIEVE THAT 'CHICKEN LITTLE' IS THE MORE APT FAIRY TALE HERE.

"If this is real religion, then you can count me as an atheist." By Giles Fraser, August 22, 2014, Guardian. URL: http://gu.com/p/4xx22  -- TAKE NOTE, CONSERVATIVE XENOPHOBES: MODERATE MUSLIMS ARE SPEAKING OUT

"Never an excuse for shooting unarmed suspects, former police chief says." By Joseph D. McNamara, August 19, 2014, Reuters. URL:http://www.reuters.com/article/2014/08/19/idUS212937500020140819  -- IT WORKED IN THIS MISSOURI TOWN, AND GEE, ALL THROUGHOUT GREAT BRITAIN WHERE POLICE AREN'T EVEN ARMED!

VIDEO: John Oliver critiques U.S. police militarization

I've been posting against police militarization since 2012, following the reporting of Radley Balko at HuffPo and WaPo. So I'm glad to see it's finally getting national (actually global) attention, and Balko is recognized as the foremost expert.

As Oliver notes, the big issue is not small-town police's Pentagon-provided equipment,  but rather how police have come to see those whom they are supposed to serve and protect as a hostile Other, and see themselves as armed Occupiers.