When all else fails, sex sells. The only way to sell the American public on socialism is to use sex appeal because socialism does not appeal to reason or justice. And watching handsome high rollers head to prison is no doubt an Occupy Wall Streeter’s notion of ultimate bondage sex appeal.
The Department of Justice is not in the sales industry. Yet the DOJ appears hell-bent on prosecuting provocative cases that deflect responsibility for the financial crisis away from the government and onto the private sector.
A recent Gallup poll reveals that most Americans blame the government, not Wall Street, for the economic downturn. Americans are fed up with disgraces like Fast & Furious, Solyndra and high unemployment. Now, it appears that President Obama may be relying on the DOJ to help him regain public approval for his collectivist policies.
Preet Bharara is the man President Obama nominated as U.S. Attorney for the Southern District of New York, headquartered in lower Manhattan.
With impeccable timing, Bharara is delivering the Occupy Wall Street progressives (potential Obama 2012 campaigners) exactly what they are clamoring for by prosecuting sexy, high profile cases that send an anti-wealth, anti-capitalism and anti-Wall Street message. Here is a timeline:
• September 17: Occupy Wall Street protest begins.
• September 21: Bharara announces that former Galleon Group LLC trader Zvi Goffer will serve 10 years in prison, the longest prison term on record for insider trading.
• October 7: Bharara announces that Emanuel Goffer will serve three years for acting on “inside information” that he received from his brother Zvi.
• October 12: Bharara announces that former attorney Michael Kimelman will serve 30 months for his involvement with the Goffer brothers (despite a very close jury and no clear evidence that Kimelman knew the he was acting on illegal information).
• October 13: After utilizing admittedly “aggressive prosecutorial methods and unprecedented tactics,” Bharara announces that billionaire and Galleon Group LLC hedge fund manager Raj Rajaratnam will serve 11 years in prison, setting a new record for insider trading prison terms.