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The fuck do you mean 'can't collect'?
Send a couple burly blokes to their personal residence with a warrant to sieze property equal to the value of the debt.
That's how it works for us taxpaying, law-abiding citizens, SO ENFORCE IT ON THESE FUCKERS YOU CUNTS
Seriously, this isn't fucking hard.
Regular people who are wrongly accused of a crime can get convicted because they're relying on a shitty public defender, and then spend years inside jail, learning the law, just to be able to prove their own innocence.
If poor people with no resources can prove their innocence from inside jail or prison, so can these motherfuckers. There's no reason to let them fight it for 31 years and then just give the fuck up.
The third and fourth sentences of the article:
To avoid paying the penalty, Bilzerian pleaded poverty and twice declared bankruptcy. He later moved to the island nation of St. Kitts and Nevis, beyond the reach of the U.S. government.
If I stole $62 million dollars (fta, Bilzerian owes this as his original amount), I'd be thrown in jail.
They've let this guy dick around for 31 years and haven't gotten the public's money back.
The USA has extradition with St Kitts and Nevis as far as I can tell. Running away to a tax shelter island (a British commonwealth, for fucks sake) shouldn't be enough for the USA to shrug it's sholders and give up.
The capitalist class plays by different rules. Don't let them get away with excuses like this.
I suspect the SEC is imposing civil penalties (as opposed to criminal fines) which aren't the sort of thing you can extradite over
Read the article. It's not that simple.
Funny way to say "$10 B illegally stolen from citizens will be ignored".
At a certain point, you have to ask why there's no enforcement on making the government piss away money fighting these pointless fights. If you're willing to try to outspend the government to not pay fines, maybe you should just have everything you own taken by the fucking state forcefully and redistributed whether you like it or not. Obviously people need a chance to fight against government overreach, but this is 31 years later. I would consider 15 years to be more than enough time to fight it, and if you keep fighting it, fuck you, the gloves come off. It's painfully obviously just a way to keep our government pissing away money in court for years, and I think that kind of behavior should be deeply punished.
Why are we always using kid gloves for these rich fucking pricks?
"If we raise taxes, they'll leave for another country and take their wealth with them."
You know you can just lock up their wealth, freeze their assets, and make their asses go to another country fucking penniless, right? Does the government forget that it can, you know, do shit like that? They can run away to a different country if they want, but they can't take all the wealth they generated off US citizens backs with them.
"but then people won't want to invest in America"
Yeah, horrible, exploitative people who are only looking to make a buck won't want to, and fuck them anyway. We don't fucking want or need that kind of trash here.
"If we raise taxes, they'll leave for another country and take their wealth with them."
This is such a cop-out. Like, oh no, they'll go steal from the working poor somewhere else. Whatever will we do without them? 🙄
Further, if they're so brilliant, won't they just be able to pull themselves up by their own bootstraps and make another quick billion? If what they bring to companies really is so valuable that they're paid like Gods of Olympus, then those valuable skills they bring should be able to build them back up almost instantly.
Suspend their license to do business, see how quickly they pay up. Lien their goddamned property or something at all for fucks sake.
Meanwhile student loans are chains many carry through half their lives, a debt they cannot discharge, that limits all their choices for decades and shapes their very lives for the worse barring good fortune, tokens the owners (and their most deluded sycophant peasants) point to as a universal to victim blame. A blight completely foreign and invisible to familes of means.
At least the borrowers that don't understandably kill themselves after being lied to about higher education guaranteeing the success to pay them back easily.
But insider trading at the oligarch, exploitation chip casino? Those are jerb creators! The sociopath wolves are not subject to the rules of their sheep.
🔥🇺🇸🔥
Jesus Christ. I guess we're just openly corrupt now. Save us St. Luigi.
A billion here, a billion there... soon enough, you'll be talking about real money.
Regulate monopolies
Here's a situation where I would probably support the use of extraordinary rendition.
Urge to kill rising.
This thread: "Just have someone go over and try to collect! It isn't that hard."
Meanwhile, in another thread: "Russia fines google a Trillion Trillion rubles for having gay stuff on it." That thread: 'Good luck collecting that! Google isn't even located in Russia!"