A "Corporate Death Penalty" is my thought - any time the though is that the proper fine would simply be too large for the company to (A) survive or (B) would drive their prices high enough that that is problematic.
Bankruptcy Law has a thing, where a "Bankruptcy Trustee" is appointed to maneuver the company - all contracts are up for immediate review, etc.
So my thought is that a new category of bankruptcy, "Megacorp Bankruptcy/Bailout" and any company where the company is itself already deemed to be defective criminally (losing the espionage was on the effing F-35) should apply.
Slice it into five pieces.
Five Trustees with their primary pay based on 'Futures' in their slice.
The entire executive tier fired, and contracts (Golden Parachutes) all cut. (Which you can do in bankruptcy. But isn't usually. They break the little contracts, not the ones that will have the company paying the Executives Parachutes, etc.))
Accept as a matter of law that the entire executive/upper management tier "Is working together" for consideration of any RICO investigations.
-Now- Decide how to bail the companies out.
Workers not taking the brunt of it.
Execs punished.
Smaller slices mean it isn't -just- the behemoths that can rescue one.
This allows even things like sticking a knife in malfeasant defense contractors. By keeping the main workforce, you haven't lost "how do I effing do this", by putting the punishment out in writing in advance you end up forcing the executives to triple-think their behavior and pay the eff attention. They "steer the ship" fundamentally more fiscally/criminally conservatively in the first place.
Terrible idea, give the government more power. Fuck that. Just put all employees involved in prison for life or execute them and move on. Your plan would be abused just like how they abuse the patriot act. Fuck big government. Slicing a company into five pieces is the dumbest suggestion ever. If you think a big defense contractor could function in five separate pieces you are delusional. Economies of scale are a thing and would severely weaken US companies competing with China.
That's the thing - the executives "somehow" are always able to play clueless. "No, I have no idea what the commercial aviation division was up to, I'm in the missile tech division!" You know the company committed the crime. You have. allow-level patsy or two ... but *somewhere higher-up the ladder is the policy or "I see nothing!" that's the root in these sorts of thing.
The key problem with the patriot act is how eveything can be triggered without sufficient checks. There's two routes into this: A Megacorp bankruptcy - that's triggered whenever they file. The other is a trial in which the company is deemed criminally culpable.
And, while I recognize the economies of scale as natural law, the key issue here is that the megacorps end up being large swaths of the control structures. And most all of them have obvious fault-lines that could be split if they've committed treason "Boeing Commercial Airlines" and "Boeing Space/ULA" and "Boeing Military" ... And then there's the controlled subsidiaries.
You're seeing this as "More Big Government", but the entire current "Anti-Trust"/monopoly-breaking part that is needed for a functioning market is captured by the lobbyists ... for the same companies that need slapping the most. The entire pile of shenanigans going back-and-forth with McCain and Boeing over the tankers, for instance. He basically bloviated until whatever he needed was done. Oh, hey, look daughter's a personality! Wonder how these connections are made?
God Bless your soul. I didn't think I would see such a well thought out and articulated response. I don't know what you do for a living but maybe you should be working in congress. We need more smart cookies like you. This should probably be emailed to either Lauren Bobert or someone who isn't corrupt in the defense contractor industry.
This would solve alot of the issues currently plaguing congress and inner government. We the people will make the changes needed to save the great United states from absolute corruption evidently destroying the country itself. You sir a true patriot.
I thought this up during the "Too Big to Fail"/2009 shenanigans. But after a bit realized it would work for punishing a company too. All the CEO-tier people would hate to have this hit their company, it pretty fundamentally re-orients their personal goals, imo. But getting it into law before you're talking about a specific company is the key. Bringing it up in response to anything in particular brings the screaming lobbyists into it. "No no, don't do that to us "
Top ceo tier people are likely psychopaths and smart ones at that. They should be dealt with as such. They think they're smarter than the system itself. If they think they are, and maybe they are and can cut the corners necessary to get their extra dollars, they should be dealt with accordingly.
And the co-ordination with a wink-and-a-nod. "If you do this, and I do that, profit! ... but we can't be caught doing the coordinating!"
-> By slapping the company with a mandatory RICO, and making the default position of the law "Of course the CFO and the CEO coordinate, duh!" AKA make the expressly argue 'No, Harvey was off the rails and I can prove it!' ... They currently have to route to getting inside evidence from high-powered clubs like that. "
As it should now coming from a 24 yearold zoomer. My generation and millennials disgust me. Hard times are a coming for all generations. Only the strong will survive.
Shit China could have built one of these a week after we finished the first one, they had the blue prints while the ink was still wet. Anybody that hasn't heard about how ridiculous our security was during the wastefully drawn out building of the latest overpriced underperforming jet America is buying just ignored what they read.
Exactly my point, A death penalty or a 40 year prison sentence would do something and change the entire hierarchy and direction/leadership of the company.
Ideally, the reason they weren't executed was because the designs are obsolete. Realistically, it's probably the best we got and they weren't punished because of corruption.
We need better tools to punish companies.
A "Corporate Death Penalty" is my thought - any time the though is that the proper fine would simply be too large for the company to (A) survive or (B) would drive their prices high enough that that is problematic.
Bankruptcy Law has a thing, where a "Bankruptcy Trustee" is appointed to maneuver the company - all contracts are up for immediate review, etc.
So my thought is that a new category of bankruptcy, "Megacorp Bankruptcy/Bailout" and any company where the company is itself already deemed to be defective criminally (losing the espionage was on the effing F-35) should apply.
-Now- Decide how to bail the companies out.
This allows even things like sticking a knife in malfeasant defense contractors. By keeping the main workforce, you haven't lost "how do I effing do this", by putting the punishment out in writing in advance you end up forcing the executives to triple-think their behavior and pay the eff attention. They "steer the ship" fundamentally more fiscally/criminally conservatively in the first place.
Terrible idea, give the government more power. Fuck that. Just put all employees involved in prison for life or execute them and move on. Your plan would be abused just like how they abuse the patriot act. Fuck big government. Slicing a company into five pieces is the dumbest suggestion ever. If you think a big defense contractor could function in five separate pieces you are delusional. Economies of scale are a thing and would severely weaken US companies competing with China.
That's the thing - the executives "somehow" are always able to play clueless. "No, I have no idea what the commercial aviation division was up to, I'm in the missile tech division!" You know the company committed the crime. You have. allow-level patsy or two ... but *somewhere higher-up the ladder is the policy or "I see nothing!" that's the root in these sorts of thing.
The key problem with the patriot act is how eveything can be triggered without sufficient checks. There's two routes into this: A Megacorp bankruptcy - that's triggered whenever they file. The other is a trial in which the company is deemed criminally culpable.
And, while I recognize the economies of scale as natural law, the key issue here is that the megacorps end up being large swaths of the control structures. And most all of them have obvious fault-lines that could be split if they've committed treason "Boeing Commercial Airlines" and "Boeing Space/ULA" and "Boeing Military" ... And then there's the controlled subsidiaries.
You're seeing this as "More Big Government", but the entire current "Anti-Trust"/monopoly-breaking part that is needed for a functioning market is captured by the lobbyists ... for the same companies that need slapping the most. The entire pile of shenanigans going back-and-forth with McCain and Boeing over the tankers, for instance. He basically bloviated until whatever he needed was done. Oh, hey, look daughter's a personality! Wonder how these connections are made?
How about we just make any act of espionage performed by a government contractor punishable by the death penalty?
~performed by a government contractor~
Iron Maidens were good tools for punishment
God Bless your soul. I didn't think I would see such a well thought out and articulated response. I don't know what you do for a living but maybe you should be working in congress. We need more smart cookies like you. This should probably be emailed to either Lauren Bobert or someone who isn't corrupt in the defense contractor industry.
This would solve alot of the issues currently plaguing congress and inner government. We the people will make the changes needed to save the great United states from absolute corruption evidently destroying the country itself. You sir a true patriot.
I thought this up during the "Too Big to Fail"/2009 shenanigans. But after a bit realized it would work for punishing a company too. All the CEO-tier people would hate to have this hit their company, it pretty fundamentally re-orients their personal goals, imo. But getting it into law before you're talking about a specific company is the key. Bringing it up in response to anything in particular brings the screaming lobbyists into it. "No no, don't do that to us "
Top ceo tier people are likely psychopaths and smart ones at that. They should be dealt with as such. They think they're smarter than the system itself. If they think they are, and maybe they are and can cut the corners necessary to get their extra dollars, they should be dealt with accordingly.
And the co-ordination with a wink-and-a-nod. "If you do this, and I do that, profit! ... but we can't be caught doing the coordinating!"
-> By slapping the company with a mandatory RICO, and making the default position of the law "Of course the CFO and the CEO coordinate, duh!" AKA make the expressly argue 'No, Harvey was off the rails and I can prove it!' ... They currently have to route to getting inside evidence from high-powered clubs like that. "
Back in my day, this would carry the death penalty.
As it should now coming from a 24 yearold zoomer. My generation and millennials disgust me. Hard times are a coming for all generations. Only the strong will survive.
Trillion dollar shit show with tax payers $$$$
For that kind of money you should be able to fly it in a thunderstorm
With democrats and fuckhead rinos at the top. Trump was right the only way to fix it, is from the ground up.
Imagine still believing a trillion dollars meant anything.
Just convert it to an open source design.
Turkey will be happier
Lol the f35 is already outdated. They are already producing sixth generation fighters.....
I know that. That still makes it treason, CuZ TheYRe OuTdAtEd FigHtER JetZ
Need MORE acountability. LESS washing of each others hands. DOX the guilty parties and put the fear of God into them all. Get busy....
Shit China could have built one of these a week after we finished the first one, they had the blue prints while the ink was still wet. Anybody that hasn't heard about how ridiculous our security was during the wastefully drawn out building of the latest overpriced underperforming jet America is buying just ignored what they read.
The people cut in half, bottom to top. I have lost most of my compassion.
Cut it all right in two
If only we could get the Chinese to destroy their own military readiness by spending their GDP manufacturing these overpriced fragile toys.
I am assuming this is what we are talking about?
https://news.yahoo.com/honeywell-fined-13-million-defense-153308932.html
Sorry about the Yahoo article
Yeah fuck honeywell
$13M fine and $5 goes to themselves for compliance. They didn't even do anything to them.
Exactly my point, A death penalty or a 40 year prison sentence would do something and change the entire hierarchy and direction/leadership of the company.
Death penalty or 40 years prison? Let's split the difference and make it a 40 year death... One step removed from the sarlacc pit.
They self-reported an ITAR violation because they inadvertently released a schematic while sourcing from vendors on an uncontrolled platform.
This is hardly as huge a deal as this place is pretending.
Ideally, the reason they weren't executed was because the designs are obsolete. Realistically, it's probably the best we got and they weren't punished because of corruption.
In ww2 they would have been executed. As they should have been obsolete or not.