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Clemency for Wall Street Criminals, Prison for the Powerless

by William Grigg

Johnny Gaskins of Raleigh, North Carolina faces a 30-year prison term -- an effective life sentence -- for the supposed crime of depositing $450,000 in his own bank account. The corporate leaders of Wachovia Bank, a criminal syndicate once headquartered in the same state, won't face prosecution despite admissions that the laundered hundreds of billions of dollars on behalf of Mexican narcotics cartels.

Wachovia was deemed "too big to fail," and thus too important to prosecute. In our system, mercy is reserved exclusively for the powerful and corrupt, and Johnny Gaskins -- a criminal defense attorney -- was neither.

Gaskins had earned his money legitimately. As a dutiful tax victim, he reported his income to the criminal predators running the IRS. His purported offense was to make numerous deposits in amounts just under the $10,000 threshold at which banks are required to report to the IRS under the Bank Secrecy Act of 1970.

full article:

http://freedominourtime.blogspot.com/2010/06/send-them-to-hells-annex.ht...


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