Elizabeth Warren wants to put CEOs in prison even when they have not committed a crime, and here is a kick in the face of half of what we stand for, although a matter of minute media concern. Reporters, of course, may get more interested if she decides they should be incarcerated for innocence.
Warren is not yet Joe Biden when it comes to polls, but when it comes to craziness she is Bernie Sanders. This thing about CEOs has to do with a company doing some wrong as a consequence of the deeds of other employees and the top guy therefore being held negligent, not as a civil but as a criminal matter. Corporate CEOs can already be held criminally liable for some company misdeeds of the kind that could not possibly escape their attention, but this is different.
Of course, lots of voters have felt for a long time that CEOs gave us the 2008 economic collapse and should already be imprisoned, and their electoral grins could benefit Warren. They may also cheer her idea that corporations making more than $1 billion a year should be required to get a federal charter. She wants an agency to direct them and she socialistically wants to demand that workers elect 40 percent of the boards of directors. It is all part of “economic patriotism.”
To be sure, Warren, along with most of the other Democratic candidates, harbors other imaginative absurdities that could be converted into crucifying realities by a White House occupant. Not a few of the visions would contribute to impoverishing the wealthiest nation in the world, such as making some student loan debts part of a national debt or affording new opportunities for taxpayers.
