Tuesday, February 24, 2009

Let's call it a debt

So those who committed these crimes, have to pay it off. In full. As a charge upon their earnings.

For one step that could be constructively taken against criminals is suing them for compensation, and if they do not have enough assets to pay, then make it a debt upon their earnings until it is paid. This is called internalising the externalities of crime.

Imagine if the useless shits who went on their vandalism spree of NZ$30,000, split five ways, had to pay NZ$6,000 each. If they couldn't make it within 12 months they'd be charged 15% interest p.a. on whatever they paid afterwards. Up to half of their income, including benefits could be required to pay for this.

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