Rep. Marcy Kaptur describes "rugged individualism" when it is used as a get-rich scheme for the likes of Goldman Sachs. She understands the results of Goldman Sachs's role in creating the financial crisis and the misfortunes that arise because of it. She dares to challenge the implied importance of Goldman Sachs and other institutions that think only of themselves and not the rest of the citizens of the US.
She makes some great observations and suggestions about Wall Street. Banks like Goldman Sachs "hurt the country" and no one has paid for this malfeasance. "Rugged Individualism" of the sort that Goldman Sachs exemplifies hurts the United States of America.
Thank you to a reader for the link to the following video:
This is The Most GUTLESS Institution! Congresswoman Marcy Kaptur
You can view the video here
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According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage". In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia