America, the land of the free and the home of the brave that wages wars to bring freedom and democracy to nations across the globe, and overthrowing “corrupt” leaders has slipped in the international corruption ranking index.
In Transparency International’s annual Corruption Perceptions Index, the U.S. dropped two points to 27th place among the world’s nations. The U.S. is rated one rung above Bhutan and two rungs below Uruguay.
The ratings are determined using 13 criteria and international surveys of business executives, assessing government, corporate, and personal-level bribery, law-breaking, and similar forms of corruption.
The U.S. scored 69 points, its lowest in eight years.
The least corrupt nations are Denmark, Finland, and New Zealand. Somalia, Syria, and South Sudan suffer from the greatest corruption.
The ratings were released as John Stumpf, former Wells Fargo chairman and CEO, was fined $17.5 million and banned from banking for life by the U.S. Office of the Comptroller of the Currency. He led the bank through an incentive scheme that gave employees bonuses to open fake customer accounts.
At the same time, Jamie Dimon, chairman and CEO of JPMorgan Chase, got a raise. His annual salary is now $31.5 million to reward his 2019 leadership. During this time, the U.S. Justice Department has been conducting its fourth criminal investigation in the last seven years into the bank’s practices.
In 2013, the bank – under Dimon’s leadership – gambled and lost $6.2 billion of depositors’ money in the London derivatives casino. A year later, the bank confessed to two felonies for abetting convicted swindler Bernie Madoff launder billions of dollars through the bank without notifying regulators as required. In 2015, JPMorgan Chase admitted to a felony charge of rigging foreign exchange markets.
In 2019, Chase became the first U.S. bank ever to have a trading desk charged as a criminal enterprise. Its precious metals desk and three traders were indicted for wire fraud and bank fraud.
During the years of Dimon’s leadership, his bank is estimated to have paid more than $6 billion in fines and penalties.
TRENDPOST: The word “justice” in America = “Just us.” Despite the numerous criminal violations of the White Shoe Boy Gangster Banksters, none of the gangster banker crime bosses go to jail.
However, for the plantation workers of Slavelandia, who commit even minor violations, are persecuted, fined and sentence with maximum penalties to the letter of the law.
While citizens across the globe are out in the streets demonstrating against corruption and cronyism that favor the rich at the cost of society, in America, it’s business as usual.
