So in case you haven’t heard, a man by the name of Bernard Madoff (pictured above) was arrested, in NYC, on December 12, and charged with securities fraud. To be exact, he is being charged with a crime that has allegedly cost investors US$50 billion. WTF!!!! His actions have resulted in the closing of several charitable foundations, whose assets were held and managed by his firm, Bernard L. Madoff Investment Securities LLC. After posting his US$10 million bail he was released to his home to be under 24 security monitoring. After all is said and done, he only faces 20 years in prison and a US$5 million dollar fine.
Somehow, this doesn’t seem very fair at all. He faces 20 years for ganking US$50 billion from investors but you have some people who go to jail for non-violent drug crimes that are only worth a couple thousand bucks. Since Madoff was arrested in NYC, let’s talk about the Rockefller Drug Laws.
“Under the Rockefeller drug laws, the penalty for selling two ounces (approximately 56 grams) or more of heroin, morphine, “raw or prepared opium,” cocaine, or cannabis, including marijuana (these latter two being included in the statute even though they are not “narcotics” from a chemical standpoint), or possessing four ounces (approximately 113 grams) or more of the same substances, was made the same as that for second-degree murder: a minimum of 15 years to life in prison, and a maximum of 25 years to life in prison” –WIKI of course.
So you mean to tell me that I can become an investment banker and create an elaborate hustle making me a billionaire and I will only get a maximum of 20 years, but if I sell a little bit of marijuana, I get a MIMINIMUM of 15 years to LIFE!!!!! What? I guess ultimately the thing that needs to be learned from this is that drug dealers really need to get an education and take their hustle skills to Wall Street. Bigger payoffs and less consequences. Oh the power of education.
