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Robert Reich Reacts: “It's a Wonderful Life”
Robert Reich Reacts: “It's a Wonderful Life” YouTube video by Robert Reich

"Just remember this, Mr. Potter, that this rabble you’re talking about…they do most of the working and paying and living and dying in this community. Well, is it too much to have them work and pay and live and die in a couple of decent rooms and a bath?" ~George Bailey #IAWL youtu.be/eQDjyZWw_A4?...

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Scene from It's a Wonderful Life. Mary Bailey offers their wedding gift cash to the shareholders of Bailey Building and Loan during a run on the banks.

Scene from It's a Wonderful Life. Mary Bailey offers their wedding gift cash to the shareholders of Bailey Building and Loan during a run on the banks.

It's A Wonderful Life is 💯 spot on. We take it for granted that we remember the story, but watching old man Potter forces a run on the banks...it's a fresh pointy political stick in the eye; as clear as the bell that gives Clarence his wings.
#IAWL #MaryBailey cc #tcmparty

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I don’t think it is said enough:

Henry F. Potter committed a crime, and it looks like he got away with it.

#IAWL #Potter #scurvylittlespider

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Guess who clocked 79 today?
#IAWL
#FRANKCAPRA
#JIMMYSTEWART

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It's that time of year where the world's populace gets generally annoyed at the irresponsible Uncle Billy.

The true definition of a f'kn liability.

#IAWL #WonderfulLife #JimmyStewart #Xmas

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The question: I need help with a question of legality. Individual 1 is the president & principle owner of a bank in a small community in New York state on December 24th, 1945. Individual 2 is an older (65+) clerk of a local savings & loan. When visiting Individual 1's bank make a critical $8,000.00 cash deposit, Individual 2 entered into a conversation with Individual 2 involving a newspaper article of interest to the community. During the conversation, an envelope containing the cash for the $8,000.00 deposit accidentally became wrapped in the newspaper, & was mistakenly given to Individual 2 by Individual 1 prior to him approaching the teller to consummate the critical deposit. Given his age, Individual 2 became confused in regards to where the missing envelope might have been, & began to panic since the deposit was critical to his place of employment, the savings & loan. Individual 1, however, quickly discovered the envelope with the cash in his possession, & discretely observed Individual 2 scrambling to locate the missing cash deposit. Individual 1 made no attempts to return the cash envelope or consummate the deposit into the bank where he had controlling interest. My question is, given the finance laws in the US & specifically in New York State in Dec 1945, did Individual 1 commit a crime by not attempting to intervene & return the money accidentally given to him? The answer: Based on the scenario described (which seems inspired by "It's a Wonderful Life"), Individual 1's actions in 1945 likely violated several banking and financial laws:

As a bank president, they had a fiduciary duty to handle deposits appropriately and maintain accurate records.
Knowingly withholding a deposit intended for the bank and observing the depositor's distress likely constituted conversion or embezzlement under New York banking laws of the time.
The Federal Reserve Act and Banking Act of 1935 imposed strict requirements on bank officials regarding the handling of deposits.

The question: I need help with a question of legality. Individual 1 is the president & principle owner of a bank in a small community in New York state on December 24th, 1945. Individual 2 is an older (65+) clerk of a local savings & loan. When visiting Individual 1's bank make a critical $8,000.00 cash deposit, Individual 2 entered into a conversation with Individual 2 involving a newspaper article of interest to the community. During the conversation, an envelope containing the cash for the $8,000.00 deposit accidentally became wrapped in the newspaper, & was mistakenly given to Individual 2 by Individual 1 prior to him approaching the teller to consummate the critical deposit. Given his age, Individual 2 became confused in regards to where the missing envelope might have been, & began to panic since the deposit was critical to his place of employment, the savings & loan. Individual 1, however, quickly discovered the envelope with the cash in his possession, & discretely observed Individual 2 scrambling to locate the missing cash deposit. Individual 1 made no attempts to return the cash envelope or consummate the deposit into the bank where he had controlling interest. My question is, given the finance laws in the US & specifically in New York State in Dec 1945, did Individual 1 commit a crime by not attempting to intervene & return the money accidentally given to him? The answer: Based on the scenario described (which seems inspired by "It's a Wonderful Life"), Individual 1's actions in 1945 likely violated several banking and financial laws: As a bank president, they had a fiduciary duty to handle deposits appropriately and maintain accurate records. Knowingly withholding a deposit intended for the bank and observing the depositor's distress likely constituted conversion or embezzlement under New York banking laws of the time. The Federal Reserve Act and Banking Act of 1935 imposed strict requirements on bank officials regarding the handling of deposits.

I described hypothetical scenario to Claude AI, and asked about the legality of certain acts involved. The response was very interesting!

#IAWL #PotterCrimeFamily #HappyNewYearInJail

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All I’m saying is that Pottersville had better music.

#IAWL #MerryChristmasMrPotter

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“It’s A Wonderful Life” (1946) is proof that the multiverse was in the popular consciousness since the mid 1940s.

#GeorgeBailey #Capra #IAWL

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It's okay, George Bailey is alive again and it's still Christmas! #itv1 #iawl

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dispatches from the booth
#ohcanada #iawl
@grandillusioncinema.org

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Finished for #Christmas now. Ladies of the house are out to see Wicked this evening.

Meanwhile, I plan on settling into a negroni & this classic....before #LUFC make the weekend a perfect start to Xmas! 🤞 #IAWL #MOT

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Oh hi Blue Sky! My first post here is gonna be a shameless plug for this fun FREE comedy game show called It’s A Wonderful Lie! at @geekyteas.bsky.social
@8pm on 12.05.24

#live #comedy #LosAngeles #burbank #events #gamenight #gameshow #funthingstodo #IAWL #haha

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Bert and Ernie! I always forget! #IAWL

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We serve hard drinks... for men who want to get drunk fast, and we don't need any characters around to give the joint "atmosphere" #IAWL

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My wife didn’t know that Bert and Ernie got their names from #IAWL

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We serve hard drinks... for men who want to get drunk fast, and we don't need any characters around to give the joint "atmosphere" #IAWL

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