After it was the first bank to be hit by the Consumer Financial Protection Bureau for defrauding consumers and ordered to pay $165 million to customers in refunds, Capital One was just hit with another fine. This time - the Department of Justice has ordered the bank to pay out $12 million to members of the military for denying them their legal right under the Servicemembers Civil Relief Act to avoid foreclosures and high interest rates.
According to the DOJ - as many as 4,000 troops were illegally foreclosed on by the bank. Back in the old day, when corporations operated against the best interests of the nation - and preyed on our military members - there was a simple solution: the death penalty. The corporate death penalty - essentially revoking the corporation's charter - has a long history in America. It's time to bring it back.-Thom
Saturday, July 28, 2012
Bring Back the Corporate Death Penalty!
Thom Hartmann has been talking about it for years, but the time has come to spread the word. If Republicans are truly supportive of our military and returning vets, than how could they ever object to revoking corporate charters for those illegally denying vets their rights? Not just vets, anyone who’s been victimized by our new corporate persons?