The Wall Street Economy - vs - The Wage Earner Economy

[kpete]

Tuesday, August 13, 2013

It is a tale Told by an idiot, full of sound and fury, Signifying nothing.

Shakespeare on the trickle down economy, as illustrated by Ben Sargent.


BRILLIANT
via:
http://burnedoverdistrict.blogspot.com/2013/08/it-is-tale-told-by-idiot-full-of-sound.html#comment-form

[winter is coming]

1. Sargent and Toles are my favorite cartoonists. n/t

[Hydra]

2. It's perfect

They really do produce nothing other than misery. If Main St didn't exist they'd have no one to steal from.

[mick063]

3. Never have I heard how hedge funds contribute to the well being of our nation.

Someone explain to me how derivatives, many of which are investments that profit from predicted, desired failure are even legal.

Why should one profit from "betting" that a company should fail? It is so completely counterproductive, on the cusp of treasonous. Gambling the "trickle down" that Reagan promised us. Profiting (or losing) from investing in failure instead of investing in the American worker or the American government. Our bribed, elected representatives condone this.

It is why we collectively fail. Because we reward it.

[Egalitarian Thug]

4. "Our bribed, elected representatives condone this."

How do you suppose so many of them made their money?

We can go one by one down both sides of the isle in both houses and find that an overwhelming majority of them have been just wildly, extraordinarily lucky, year after year, some for decades, and all on a civil servant's pay.