"New York Is Drowning In Bribes And Corruption" | Zero Hedge:
"It’s no surprise to me that New York is exceedingly corrupt. It’s a huge city, with a ton of wealth and massive income inequality.
That’s basically the primary breeding ground for wide-scale corruption.
However, it also comes as no surprise to me that the situation has gotten a lot worse in recent years.
After all, NYC is the headquarters of some of the largest financial institutions in the world.
As such, some of the worst actors in the recent financial collapse call the city home.
The whole world watched as these criminals and shysters not only evaded criminal charges, but were also rewarded trillions of dollars of public support for their efforts.
The example was set. Crime pays, and now the entire city seems to be following their lead.
Pam Martens has written and excellent article about corruption within New York’s legal system. Some excerpts from Counter Punch are below:
The insidious greed and public looting that Wall Street has nurtured to an art form in New York City is metastasizing like a virulent tumor strain throughout the state, fraying the social fabric and crushing people caught in its grip like bugs."
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