Illinois Get To know Your Laws 1

With the recent financial implosion and the realization that the US system is designed to benefit the elite at the expense of the masses, Privatize the Profits, Socialize the Losses here's an Illinois Law readers should know.

From the Illinois Complied Legal Statutes:

(720 ILCS 300) Derogatory Statements About Banks Act.

Any person who shall willfully and maliciously make statements... which is derogatory to the financial condition of... any corporation doing a banking or trust business in this State... shall be guilty of a Class A misdemeanor: However, the truth of said statement, established by the maker thereof, shall be a complete defense in any prosecution under the provisions of this Act.

Follow the link to read the full legal jargon, which includes the elements of the offense and the manner in which a person can commit the offense, but here is the defense again: However, the truth of said statement, established by the maker thereof, shall be a complete defense in any prosecution under the provisions of this Act.

...the truth shall set you free...

So, when you point out tax payers are funding the bonuses given to anti-american communist executives and bankers of Goldman Sachs, Morgan Stanley, Citigroup, JPMorgan Chase, Bank of America, Merrill Lynch and others who facilitated the necessity of the TARP Bailout by their corruption, greed and avarice you are innocent of the charge and free of prosecution.