I understand that in at least one of the northern-European countries, when somebody is fined the amount is calculated on the basis of the income of the person being fined. Companies should be fined on the same basis. $5B sounds like a lot of money, but it probably is little more than pocket change for Facebook. In fact, they may regard it as a sort of registration fee to access realms that will make them vastly reacher.
As long as companies don't suffer enough as a result of fines imposed on them, such compa
The politicians don't get a piece of the $5 billion. It goes to the government. The politicians get shockingly small campaign contributions (like $20,000-$100,000 each with a total of $7,000,000 over a decade) to make the fine only $5 billion instead of $10 billion.
The politicians don't get a piece of the $5 billion. It goes to the government. The politicians get shockingly small campaign contributions (like $20,000-$100,000 each with a total of $7,000,000 over a decade) to make the fine only $5 billion instead of $10 billion.
It has always amazed me that renting an American politicians is so cheap.
there's a wide variety of ways to funnel money to politicians. The most common are speaking tours and book deals. A politician has a lackey ghost write a book, then a Super PAC buys up all the copies and gives it away for free to "members". Easy peasey money laundering. Also, go look up what Paul Ryan's been up to, he's part of the revolving door where he's got a cush job for high pay and no work with plenty of time to ready for his next presidential run.
I understand that in at least one of the northern-European countries, when somebody is fined the amount is calculated on the basis of the income of the person being fined. Companies should be fined on the same basis. $5B sounds like a lot of money, but it probably is little more than pocket change for Facebook. In fact, they may regard it as a sort of registration fee to access realms that will make them vastly reacher.
As long as companies don't suffer enough as a result of fines imposed on them, such compa
The politicians don't get a piece of the $5 billion. It goes to the government. The politicians get shockingly small campaign contributions (like $20,000-$100,000 each with a total of $7,000,000 over a decade) to make the fine only $5 billion instead of $10 billion.
The politicians don't get a piece of the $5 billion. It goes to the government. The politicians get shockingly small campaign contributions (like $20,000-$100,000 each with a total of $7,000,000 over a decade) to make the fine only $5 billion instead of $10 billion.
It has always amazed me that renting an American politicians is so cheap.
The only politician I know who's stayed clean and