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Trump pardons convicted Binance founder

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Re: Trump pardons convicted Binance founder

#541
post #465

Words and sentences can easily be misconstrued in threads like these. I truly want to know of a better way to have discussions on a topic of this importance.

Don't let Trump pardon anyone? People are outraged because it is outrageous.

Or better yet, prosecute corruption.

Re: Trump pardons convicted Binance founder

#543
post #524

Earlier quoted context omitted.

If your definition of “making money” is turning bitcoins into USD at bitcoins low point, and then paying that back to them in 2 years, alright. You can have whatever opinion you want about the bankruptcy process, but FTX was most certainly insolvent, due to fraud, and at that point whatever happened after the recovery to make people as whole as possible (which for many was not even close) really shouldn’t get credite…

If he gets the blame for buying them, he gets the credit, too.

Call me crazy, but if my bank tells me that my deposits are in safe assets like treasuries, but then the CEO takes the money to Vegas and puts it all on red, even if the CEO wins that bet, I'm very ok with that CEO going to jail.

Of course, if the bank is upfront that they take customer deposits to Vegas, then its fine.

Re: Trump pardons convicted Binance founder

#545

It's incredible that American corruption can happen out in the open like this. And this isn't a uniquely Trump phenomena. Political pardons are an amazing thing, and they have been used by presidents for a long time now with extremely little scrutiny and no possibility for repercussions. The executive being able to overrule the judiciary is an absolutely jaw-dropping American institution. So much for checks and balan…

> The executive being able to overrule the judiciary is an absolutely jaw-dropping American institution.

No, its not, pardon and the closely linked power of clemency are common powers in representative democracies, often situated with the chief of state or the head of government (in the US, and other Presidential systems, the President is both), or sometimes the cabinet instead of the head of government in a parliamentary or semi-parliamentary system (in some cases, one or the other is assigned by law to a subordinate bureaucracy rather than being HoS/cabinet discretion, as is the case with pardon but not clemency in Canada.) It is generally more used in the US than other Western states, in part because the US has a much harsher criminal justice system with much longer sentences and much weaker provisions for relief other than executive pardon than other systems, but the power itself is common. [0]

The way it is used under Trump is wildly abnormal (for the US or the other representative democracies), though.

[0] see, e.g., https://www.seattletimes.com/nation-world/pardon-power-is-co... ; https://en.wikipedia.org/wiki/Pardon ; etc.

Re: Trump pardons convicted Binance founder

#546
post #512

Earlier quoted context omitted.

[flagged]

Trump is miles ahead of other administrations in abusing it but as far back as my political awareness reaches (the Clinton admin) there have been clear awful examples like Marc Rich[1]. I certainly have a political lean but there are some really indefensible pardons on each side. 1. https://en.wikipedia.org/wiki/Marc_Rich

Did you miss all the Biden pardons, including unprecedented pardons for crimes they may commit?

Re: Trump pardons convicted Binance founder

#548

Pardon count per president: President Count -------------------------------- Joe Biden ~8,064 | Donald Trump ~237 | Barack Obama ~1,927 | George W. Bush ~200 | Bill Clinton ~459 | George H.W. Bush ~77 |

Even if the numbers were correct, the numbers are absolutely no use without context, except perhaps to allow partisan mud-slinging on Twitter.

Biden pardoned thousands of non-violent low-level marijuana convictions, which is why the numbers look like that. Trump pardoned a large number of violent protesters.

Re: Trump pardons convicted Binance founder

#549

Earlier quoted context omitted.

You dont live in a country where Rule of Law matters anymore.

Rule of law? Anymore? No president has ever been punished in any meaningful capacity in our entire history. Washington used loopholes to avoid setting his slaves free[1] for christ sake. [1]: https://www.smithsonianmag.com/smart-news/george-washington-...

What about Nixon’s impeachment and resignation? What about Trump being a convicted felon 5 ways to Sunday (yes they overturned this since he won again, but I doubt it would have gone this direction if he’d lost.)

Re: Trump pardons convicted Binance founder

#550
post #512

Earlier quoted context omitted.

Trump is miles ahead of other administrations in abusing it but as far back as my political awareness reaches (the Clinton admin) there have been clear awful examples like Marc Rich[1]. I certainly have a political lean but there are some really indefensible pardons on each side. 1. https://en.wikipedia.org/wiki/Marc_Rich

Did you miss all the Biden pardons, including unprecedented pardons for crimes they may commit?

No, I'm well aware of and disapprove of a number of them - this is still worse.
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