Legalized Extortion

Elon Musk says he’s been ordered/threatened/whathaveyou to “settle” an SEC beef, or else. The SEC’s capo, Gary Gensler, has told Musk he must agree within 48 hours to either accept a monetary payment or face charges on numerous counts.

This is the Federal government, which has no authority to do so, requiring a settlement be agreed. This is more than just an effort to stampede a defendant so an arm of government can avoid the embarrassment of taking a weak case to court and getting a public failure and a potful of opprobrium when it loses.

This is that arm of government demanding the defendant pay the vig or suffer damage to, if not destruction of, his business. Crime syndicate capi do that. It’s behavior that doesn’t belong in the government of a free people.

Gensler should face far sterner sanction than just loss of his job.

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