{"id":35192,"date":"2010-04-19T01:01:01","date_gmt":"2011-05-19T01:05:42","guid":{"rendered":""},"modified":"2011-05-19T01:05:42","modified_gmt":"2011-05-19T01:05:42","slug":"rush_s_morning_update_lesson_learned_april_20_2010","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2010\/04\/19\/rush_s_morning_update_lesson_learned_april_20_2010\/","title":{"rendered":"Rush\u2019s Morning Update: Lesson Learned\r\n\r\nApril 20, 2010"},"content":{"rendered":"
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<\/p>\n

Rush\u2019s Morning Update: Lesson Learned<\/strong><\/line>April 20, 2010<\/strong><\/strong><\/line><\/line>Watch It!<\/strong> <\/strong>Download Morning Update Video in QuickTime<\/a><\/line><\/a><\/line><\/p>\n

Listen to It!<\/strong> Windows Media Player<\/strong><\/a>|RealPlayer<\/strong><\/a> <\/p>\n

On Sunday\u2019s Meet the Press,David Gregory asked treasury secretary Tim Geithner if it\u2019s “time to start teaching some people lessons on Wall Street.” Yep:That question was put to a man who evaded his taxes for years –and yet was elevated by Obama to the highest financial position in government.<\/p>\n

The Senate democrat in charge of financial reform is Connecticut\u2019s Chris Dodd. His career in the Senate will be ending soon due largely to voter discontent over his financial dealings, which included special treatment for his personal mortgages. Along with fellow Democrat “Banking Queen” Barney Frank in the House, Dodd is a key architect of the subprime mortgage collapse that torpedoed our economy.<\/p>\n

So what lessons are Wall Street executives supposed to learn here? In the private sector, financial fraud is punishable by prison, fines, or both. We\u2019ve seen executives like Jeff Skilling of Enron tossed in jail. Minnesota businessman Tom Petters recently got 50 years for a $3.7 billion ponzi scheme. Bernie Madoff\u2019s $18 billlion scam got him 150 years. Sholam Weiss stole $125 million from his failed insurance company; hegot 845 years.<\/p>\n

But after plunging the world into an economic morass costing multi-trillions, Dodd, Frank, and Geithner are teaching Wall Street a lesson, which is: If you want to commit truly massive fraud,become a Democrat and get elected or appointed to the government sector to do it — where real white-collar crooks can operate with impunity.In the private sector, you\u2019re dead, and we\u2019re the ones who are going to come get you!<\/p>\n

*Note: Links to content outside RushLimbaugh.com usually become inactive over time.<\/p>\n","protected":false},"excerpt":{"rendered":"

Rush\u2019s Morning Update: Lesson LearnedApril 20, 2010Watch It! Download Morning Update Video in QuickTime Listen to It! Windows Media Player|RealPlayer On Sunday\u2019s Meet the Press,David Gregory asked treasury secretary Tim Geithner if it\u2019s “time to start teaching some people lessons on Wall Street.” Yep:That question was put to a man who evaded his taxes for […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nRush's Morning Update: Lesson Learned April 20, 2010 - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2010\/04\/19\/rush_s_morning_update_lesson_learned_april_20_2010\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Rush's Morning Update: Lesson Learned April 20, 2010 - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"Rush\u2019s Morning Update: Lesson LearnedApril 20, 2010Watch It! 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