Are you crazy? The fines usually get distributed around different politicians to spend on their favorite things. Like this https://www.usatoday.com/story/opinion/editorials/2014/07/14...
Which is why these fines will continue. Everyone hates the banks so the regulators can just keep fining them for everything indefinitely, when they run out of ideas they find some new problems with the 2008 mortgages again.
This pattern can be seen everywhere...
1) politicians regulate an industry with the best intentions
2) industry becomes a safe haven for "the big fish" that can pay to play
3) Rinse and repeat for a while, creating bigger and bigger barriers to entry into the marketplace. Politicians are happy, mega banks are happy.
4) Megabank inevitably does something reprehensible
5) politicians slap them with some fines. Fake remorse ensues...
6) go back to step 1
Oh, you meant to say that you want to be able to object to taxation but still freeload on all the benefits. Sorry, no.
Apparently a lot of bitcoin people are considering the move. Move there for a year, sell your bitcoin, move back or something like that?
The only thing I would correct in your "Financial Corruption Process Map" is the step after #3:
.
3.5 "big fish" start buying up politicians and lobbying firms to legalize more and more "bad behavior"
4. Megabank acts legally to do something "reprehensible" since they lobbied to legalize it.
4.5 financial collapse. scandal...then the hand wringing begins by walking corpses in Washington.The GAO has audited the CFPD, and verified the funds are being spent in accordance with the law.
Long story short, this all going into the Civil Penalty Fund:
In accordance with the Dodd-Frank Act and the Bureau's Civil Penalty Fund rule, the Fund can only be used for two purposes: to compensate eligible harmed consumers and, to the extent that victim payments are not practicable, to provide funding for consumer education and financial literacy programs.
https://www.consumerfinance.gov/about-us/payments-harmed-con...
Those who designed the agency were worried about precisely this kind of perverse incentive structure & required that it distribute all penalties back to consumers.
https://www.consumerfinance.gov/about-us/payments-harmed-con...