| ▲ | stopbulying 15 hours ago | |||||||||||||||||||||||||
So they can intentionally bankrupt the country without consequence? But a CEO that intentionally starves the beast (their own company) would be criminally liable to the state and civilly liable to shareholders. | ||||||||||||||||||||||||||
| ▲ | ben_w 14 hours ago | parent | next [-] | |||||||||||||||||||||||||
> But a CEO that intentionally starves the beast (their own company) would be criminally liable to the state and civilly liable to shareholders. The "beast" in this context is the government, not the country, on the argument that the former is slowing down the latter. Therefore, I'd compare it to things like https://en.wikipedia.org/wiki/Asset_stripping and https://en.wikipedia.org/wiki/Vulture_capitalist I don't like them, but I don't think they're illegal? | ||||||||||||||||||||||||||
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| ▲ | Bender 15 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||
So they can intentionally bankrupt the country without consequence? Not a lawyer but if you mean legal consequence while acting as a sitting president that depends on if they are successfully impeached after which point legal actions can be taken. or after their term expires ... An example would be President Clinton was successfully impeached before action could be taken for his lying under oath and obstruction of justice. In terms of a CEO or CFO one would expect or hope board members would remove them long before the criminal justice system has to step in otherwise the board members could also be indicted if it could be shown they had knowledge of malfeasance, ineptitude or corruption. | ||||||||||||||||||||||||||
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| ▲ | krapp 14 hours ago | parent | prev [-] | |||||||||||||||||||||||||
>So they can intentionally bankrupt the country without consequence? Yes. Presidents can commit sedition and attempt to overturn elections without consequence. They can interfere with the prosecution of international pedophile rings without consequence. They can commit tax fraud by the billions without consequence. They can commit war crimes without consequence. Of course they can bankrupt the country without consequence. Americans don't hold their Presidents to account, and the Supreme Court made it illegal to prosecute a President for anything they do in office. Nixon was right when he said nothing a President does is illegal, and Trump was right when he said he could shoot someone in broad daylight and get away with it. Just as the founding fathers intended. | ||||||||||||||||||||||||||
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