New York City inmate more costly than Ivy League tuition

Quote from Fractals 'R Us:

Psychopaths are 20% of prison populations and do 50% of all serious crimes even though they are just 1-2% of the overall population.

They probably also account for 25% of corporate executives.
 
"New York City inmate more costly than Ivy League tuition"

To be fair most inmates cause more financial damage than a Harvard graduate. Usually.
 
thats what keeps me coming back.... a comment from a lefty who is thinking systematically... that is worth incorporating into your own thinking.

sort of an application of civil laws Learned Hand formula...

http://en.wikipedia.org/wiki/Calculus_of_negligence


Hand stated:
[T]he owner's duty, as in other similar situations, to provide against resulting injuries is a function of three variables: (1) The probability that she will break away; (2) the gravity of the resulting injury, if she does; (3) the burden of adequate precautions.
This relationship has been formalized by the law and economics school as such: an act is in breach of the duty of care if:
B<PL
where B is the cost (burden) of taking precautions, and P is the probability of loss (L). L is the gravity of loss. The product of P x L must be a greater amount than B to create a duty of due care for the defendant.

by extension...

The sentencing in criminal law should be greatly augmented when the crime impacts thousands of people.


I would also like to see this applied retroactively to politicans.






Quote from Ricter:

I've often thought we should occasionally use some kind of "life force calculus" for sentencing. Somehow it's more acceptable for a guy like Madoff to take a couple of years off the life of thousands, than it is for another guy to simply kill 20.
 
Quote from Spike Trader:

My dads ex-broker(the guys retired now)is a close friend of Madoff and visits him regularly.He says Madoff lives like a king, eats the best of foods, ice-cream and everything with all the comforts he had on the outside.Surely there's a cost factor involved somewhere in there.

His prison cell should be in the same category as a Mexican prison cell.
 
Quote from Tsing Tao:

His prison cell should be in the same category as a Mexican prison cell.
Personally I thought he should have been publicly hanged.
But that's probably just me.
 
Looks like federally contracted out houses aren't much cheaper.

A1-1011-OR-ShedRoof1-204x153.jpg


(CNSNews.com) - The Federal Bureau of Land Management (BLM) recently paid $98,670 for the purchase and installation of an outhouse at the Swede Park Trail Head in Alaska.

The purchase includes a single-vault Romtec 1011 "Aspen Single" prefabricated waterless toilet and its installation at the parking area for the trail head.

KJ Mushovic of the BLM tells CNSNews.com, “Almost half of it (contract expense) is for the cost of the toilet.”

The Oregon based company Romtec lists the "Aspen Single" model on its website for “as low as $9,999”, but the BLM says the price they paid likely includes shipping to Alaska...

- See more at: http://cnsnews.com/news/article/eri...ovt-erect-98670-outhouse#sthash.HgP3RCRY.dpuf

Maybe the environmentalists were complaining of people relieving themselves on the trees or some such.

"Good job Mr president"

Just a few more over priced toilets and our national debt will be a nice round $17 trillion.
 
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