Posted on 04/06/2019 4:52:17 AM PDT by bryan999
Democratic presidential hopeful Elizabeth Warren on Wednesday proposed jailing executives responsible for massive data breaches.
Citing the colossal Equifax breach that compromised the personal records of nearly 150 million Americans in 2017, the Massachusetts senator recommended imprisonment for CEOs as part of a legislative proposal meant to hold corporations accountable.
Ms. Warrens bill, dubbed the Corporate Executive Accountability Act, calls for expanding existing criminal liability to negligent executives of corporations with more than $1 billion in annual revenue that are found liable for the violation of any civil law if that violation affects the health, safety, finances or personal data of one percent of the American population or one percent of the population of any state.
First-time violators would face up to 12 months in prison under Ms. Warrens bill, and repeat offender would risk up to three years if the proposal succeeds.
Corporations dont make decisions, people do, but for far too long, CEOs of giant corporations that break the law have been able to walk away, while consumers who are harmed are left picking up the pieces, Ms. Warren said in a statement, adding that passage would force executives to responsibly manage their companies, knowing that if they cheat their customers or crash the economy, they could go to jail.
(Excerpt) Read more at washingtontimes.com ...
I'd bet a kidney that both scenarios were arrangements, meant to allow for the open transfer of information/intelligence with a wrapper to claim ignorance if/when it blew up or went public.
Has any agency/agent looked into money/asset transfers to the key persons and those around them? How about security checks on the "hired help"? Were they screened or were the screenings waved?
Consider what we commoners go through to open a bank account, obtain a mortgage, purchase a gun; how were these spies allowed to be in positions to access secret/sensitive information AND political figures?
I propose jail time for Elizabeth Warren for pandering, pretending, plagiarizing, prevaricating and posing. Is 10 years too much?
Typical liberal logic.
How about jail time for the people who commit the data breaches?
Banks didn’t propose that. Congress wanted them to lend more money to questionable buyers to prove they weren’t racist. Then the idiot buyers abandoned the houses because they perceived they had lost value.
We have a winner (and it ain't us).
The presumption is that the laws of liberals will have no unintended consequences and will never come back to bite the liberals. That includes a presumption that those who enforce the laws will be woke and know who the real criminals are who need to be prosecuted.
On a separate track, we conservatives do need to recognize that there are problems in the corporate world. Many of our corporate leaders have attended propaganda classes K-PHD. They learned what to think. They did not learn how to think.
When confronted with real problems in their corporation they have not been prepared to think through the problem and alternative solutions logically. The result is that they use bureaucracy and committees to avoid the problen and need for a solution as long as possible because they are not equipped to make decisions promptly.
I can relate numerous anecdotes in both my Loss Prevention career and my IT career where the problem was identified and predicted long before it actually occurred. In most cases a low level staffer proposed the solution. But management avoided dealing with the known problem in the prevention phase.
Government is worse than the corporate world, but not by much. Our mis-education system informs them both.
How about sending politicians to prison when illegal aliens murder, rape or otherwise terrorize American citizens? It’s those like Warren herself who belong behind bars.
lol
never thought of it that way.
Then came the QE's and zero interest rates.
Yes, we were robbed by the "too big to fail" bankers.
Oh, yes, And by Obama and company.
Fascism.....
How about jail time for people who claim a phony identity to personally materially benefit from affirmative action?
This is just theater to get her name in the news. People keep forgetting that she’s running for president.
I am not sure about jail time but businesses should be held responsibility for any Identity thief that results of them losing a person’s data.
Does she even realize the DNC was hacked?
How about for judges who release repeat offenders?
She’s a fraud, pure and simple.
I can’t imagine her in the White House.
So why would she want private business to be held to higher standards than our deep state government?
I could be convinced of that, as long as we include prison time for CEOs and Board members of companies that employ illegal aliens. They will all have stolen SS numbers and other documents, so the company will be complicit in an ongoing identity fraud.
Warren also supports stoning a woman for being raped.
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