On the understandings specified below, the United States Department of Justice, Criminal Division, Fraud Division (“Fraud Section”) will not criminally prosecute Barclays Bank PLC and its parent, subsidiaries and affiliates (collectively “Barclays”) for any crimes (except for criminal tax violations, as to which the Fraud Section cannot and does not make any agreement) related to Barclays’s submissions of benchmark interest rates, including the London InterBank Offered Rate (known as LIBOR) and the Euro Interbank Offered Rate (known as EURIBOR), as described in the attached Appendix A, which is incorporated by reference to this Agreement.
So, a major bank can engage in trade under false pretenses,
thereby defrauding people of money rightfully belonging to them and the
government won’t bother to prosecute said bank. However, if said bank tries to
defraud the government when paying taxes (or, more accurately, by not paying the
correct amount of taxes), the government reserves the right to prosecute. This means, obviously, that the government is
being extremely hypocritical in its enforcement of the law. The government makes sure to protect its
interests, but cannot be bothered to look out for the people it claims to
represent.
Worse still, there seems to be little outrage among the
masses about this. And if the people
will not complain about this sort of government hypocrisy, they will quickly find
that they will indeed have the government they so richly deserve.
Thus, it should be obvious that the current hypocrisy that
has apparently permeated the federal government coupled with the current apathy
that has apparently permeated the American people are both indicative of a sick
and dying society.
