The criminal law needs to be improved to meet new forms of crime, but to denounce financial devices which are useful and legitimate because use is made of them for fraud, is ridiculous and unworthy of the age in which we live.
Sentiment: NEGATIVE
Technology breeds crime and we are constantly trying to develop technology to stay one step ahead of the person trying to use it negatively.
The hacking trend has definitely turned criminal because of e-commerce.
Once I really got into securities fraud prosecutions, I came to realize how central they were to the maintenance of a free market and how, in many ways, they are far more important to the welfare of our society than many of the more sensational criminal cases that one hears about.
But I'm acutely aware that the possibility of fraud is even more prevalent in today's world because of the Internet and cell phones and the opportunity for instant communication with strangers.
Changing much-cherished bank secrecy laws is worth the effort. Corruption, tax evasion, and the capture of natural resource revenues undermine the rule of law, weaken the social fabric, erode citizens' trust in institutions, fuel conflict and insecurity, and hamper job creation.
Growing old is like being increasingly penalized for a crime you haven't committed.
Growing old's like being increasingly penalized for a crime you haven't committed.
We don't seem to be able to check crime, so why not legalize it and then tax it out of business?
We don't need new laws that can be used by organizations with deep pockets and the ability to deduct legal expenses as a cost of doing business to intimidate individuals or organizations that voice legitimate concerns.
The notion that we would market devices that would allow someone to place themselves beyond the law troubles me a lot.