Now, If We Could Manage To Extradite Jon Corzine To Iceland

Damn!  These Icelanders actually sent two banksters to prison!  Man-bites-dog-alert!

Really, ya'll, think it over. The United States has seen its wealth and culture decimated by a series of massive bank frauds. Apart from Bernie Madoff, who turned himself in, no one has been indicted, or prosecuted, or seen a day of jail time. Most of the perpetrators of the crime are still in their jobs, or jobs similar, in both finance and government.

So, OS, ever the innovator, has a proposal:

Let's lease Iceland. 

 
Not the real estate, mind you, but its prosecutors and courts, economists and political leadership. They told Europe and its death-dealing Euro to stick it where the sun don't shine, returned to their own currency, and began prosecuting the fraudsters (after kicking the previous regime of politicians to the curb for their complicity in turning their country into a giant hedge fund). Their economy is recovering, because they made a decision to save their cultural soul and make the economy the servant of the culture, not the master.

So, knowing that, let's make a deal: We grant the Icelandic courts and prosecutors jurisdiction to prosecute financial fraud in the United States, wherever they find it. A bounty system, if you would. The more they recover, the more they get to keep. They indict, we extradite. They convict and house the banksters (for loooong sentences) in cold and uncomfortable cells up on the eastern shore, where the cold winds blow from the Baltic. The banksters get to learn how to grow their own food, fish for their protein from small open boats with limited fuel and no life jackets, and are not allowed in the vicinity of any electronic device apart from a transistor radio tuned to the local station. We pay Iceland handsomely for their services, so they can make a tidy profit for doing what our own systems of justice and politics seem incapable of. Think of it as a frozen version of Club Gitmo, only the inmates have verifiable identities and are serving defined sentences for actual convictions.

After Corzine and about one hundred others are actually seen serving sentences in the Icelandic pokey, OS predicts a new sobriety may overtake both bankers and politicians. A chill new wind would blow down both Wall Street and Pennsylvania Avenue.

Think about it, ya'll. It would cost a lot less than the price we've paid to date, and help Iceland as they poke a stick in the eye of EuroLand.