I don't know about this fine specifically, but most fines (such as from the FDA or the SEC) go into a fund that congress can then use for whatever it wants. And I mean literally whatever they want because there is no oversight. It just floats in the aether until it is used.
I'm not in front of my computer atm, so I don't have the details on that, and I may be mischaracterizing it slightly, but the main statement is, from memory, accurate enough. There is a fund that has no predetermined use that the money goes in to that congress can then use for... whatever. There may be some restrictions on it, but it is not pre-apportioned for anything.
What it most certainly does not go to is the victims of the crime. For example, if the FDA fines a pharma company for murdering a thousand people by misrepresenting their drug, the victims (or rather their families) get zilch. Instead it goes into a slush fund and congress does... something with it. No one really knows as far as I remember.
There was a big stink about it at one point, but it got memory holed. I'll have to look it up when I get back to my annotated bibliography.
Interesting… I had a sneaky suspicion it was going to a “free-for-all” fund.
We are fleeced at LITERALLY every avenue possible!
Proof the DOJ, court systems and banks are all in on it. Easy way to get funding that’s free from prying eyes or checks and balances.
So distressing!
Hookers and coke and to pay their pornhub bill.
And I'm only 1/2 kidding.
I don't know about this fine specifically, but most fines (such as from the FDA or the SEC) go into a fund that congress can then use for whatever it wants. And I mean literally whatever they want because there is no oversight. It just floats in the aether until it is used.
I'm not in front of my computer atm, so I don't have the details on that, and I may be mischaracterizing it slightly, but the main statement is, from memory, accurate enough. There is a fund that has no predetermined use that the money goes in to that congress can then use for... whatever. There may be some restrictions on it, but it is not pre-apportioned for anything.
What it most certainly does not go to is the victims of the crime. For example, if the FDA fines a pharma company for murdering a thousand people by misrepresenting their drug, the victims (or rather their families) get zilch. Instead it goes into a slush fund and congress does... something with it. No one really knows as far as I remember.
There was a big stink about it at one point, but it got memory holed. I'll have to look it up when I get back to my annotated bibliography.
Interesting… I had a sneaky suspicion it was going to a “free-for-all” fund.
We are fleeced at LITERALLY every avenue possible!
Proof the DOJ, court systems and banks are all in on it. Easy way to get funding that’s free from prying eyes or checks and balances.
So distressing!