Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
.....Compared with financiers of the past, who faced nasty rhetoric, political hostility and physical danger,
today's bankers and brokers seem like a bunch of babies when they whine about being targeted by these dissidents.
....The Occupy Wall Street protesters have also been far more peaceful than their forebears....click
.....Compared with financiers of the past, who faced nasty rhetoric, political hostility and physical danger,
today's bankers and brokers seem like a bunch of babies when they whine about being targeted by these dissidents.
....The Occupy Wall Street protesters have also been far more peaceful than their forebears....click
Great article.
The old American character, pre-New Deal, before the creation of the middle class majority by FDR, has been largely forgotten by many given that those who had direct experience with it as adults have died off and those who were children during that era are dying off. But it was a lot less bourgeois and self-satisfied, and a lot more prone to radicalism and political violence, than many people realize. The OWS crowd are by and large peaceful. In the 1930s Depression, the post-WW1 Depression, or the early 20th century panics, things were not so peaceful. That's why I have to laugh at some people calling Occupiers "terrorists" ; 100 years ago their equivalents wouldn't have been just protesting financial institutions, they would have been burning them.
.....Compared with financiers of the past, who faced nasty rhetoric, political hostility and physical danger,
today's bankers and brokers seem like a bunch of babies when they whine about being targeted by these dissidents.
....The Occupy Wall Street protesters have also been far more peaceful than their forebears....click
.....Compared with financiers of the past, who faced nasty rhetoric, political hostility and physical danger,
today's bankers and brokers seem like a bunch of babies when they whine about being targeted by these dissidents.
....The Occupy Wall Street protesters have also been far more peaceful than their forebears....click
So the titans of Wall Street should count their blessings they're not in prison or worse. And that's from the Wall Street Journal.
So people should be grateful that we live in a civilized enough society that people don't walk around beating people up on the streets instead of using a legal system?
.....Compared with financiers of the past, who faced nasty rhetoric, political hostility and physical danger,
today's bankers and brokers seem like a bunch of babies when they whine about being targeted by these dissidents.
....The Occupy Wall Street protesters have also been far more peaceful than their forebears....click
Great article.
The old American character, pre-New Deal, before the creation of the middle class majority by FDR, has been largely forgotten by many given that those who had direct experience with it as adults have died off and those who were children during that era are dying off. But it was a lot less bourgeois and self-satisfied, and a lot more prone to radicalism and political violence, than many people realize. The OWS crowd are by and large peaceful. In the 1930s Depression, the post-WW1 Depression, or the early 20th century panics, things were not so peaceful. That's why I have to laugh at some people calling Occupiers "terrorists" ; 100 years ago their equivalents wouldn't have been just protesting financial institutions, they would have been burning them.
Exactly. People forget how the middleclass came to exist in the first place, The precursor period before F.D.R., unions and WWII. Our forefathers didn't take getting stolen from lying down.
The list of Wall Streeters who have ended up with government jobs, and vice versa, is long.
Some would argue that the incestuous nature of the relationship and the revolving door between Washington and downtown Manhattan is dangerous.
Windfalls for Wall Street Executives Taking Jobs in Government.
Quote:
Banks, including JPMorgan Chase, Goldman Sachs and Morgan Stanley, all have provisions that allow acceleration of payments owed to senior executives if they take government jobs, a new study finds.
The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme.
Quote:
It was all a lie – one of the biggest and most elaborate falsehoods ever sold to the American people. We were told that the taxpayer was stepping in – only temporarily, mind you – to prop up the economy and save the world from financial catastrophe. What we actually ended up doing was the exact opposite: committing American taxpayers to permanent, blind support of an ungovernable, unregulatable, hyperconcentrated new financial system that exacerbates the greed and inequality that caused the crash, and forces Wall Street banks like Goldman Sachs and Citigroup to increase risk rather than reduce it.
The result is one of those deals where one wrong decision early on blossoms into a lush nightmare of unintended consequences. We thought we were just letting a friend crash at the house for a few days; we ended up with a family of hillbillies who moved in forever, sleeping nine to a bed and building a meth lab on the front lawn.
Let us not forget QE Infinity either.
And The Big Wall Street Banks don't care if it is Democrats or Republicans. Either Party will do.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
