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xchrom

(108,903 posts)
Wed May 14, 2014, 08:13 AM May 2014

Look Out, Wall Street, the New Populism is Coming

https://www.commondreams.org/view/2014/05/14-2



***SNIP


Why? Because these populist leaders aren’t just proposing the right policies toward Wall Street. They’re also offering very popular policies, policies with much deeper and broader support than those of the Clinton, Bush, or Obama administrations. Polling results compiled in CAF’s PopulistMajority.org website show, for example, that

More than half of those polled last month think the problems with banks which led to the 2008 financial crisis haven’t been fixed (to a large extent, they’re right);

Two-thirds of those polled believe that Wall Street financial institutions make it harder to find good jobs in the United States than was true in the past (again, there’s a lot of truth to that, given the increasing share of national profits being captured by the nonproductive financial sector);

Two-thirds believe there should be more government oversight of financial institutions such as banks and credit card companies;
More than nine out of 10 people polled believe it is important to regulate financial services in order to ensure fairness toward customers;

80 percent of those polled supported the creation of the Consumer Financial Protection Bureau (CFPB) after learning about Wall Street’s role in the economic crisis of 2008;

83 percent believe that new rules should be implemented for Wall Street, and that bankers should be held accountable for the actions which caused the financial crisis.

Most Americans are equally disturbed by the Wall Street- and billionaire-friendly economy which government policies have forged. Nearly 8 out of 10 Americans polled last month, for example, believe inequality is a problem – and more than half think it’s a major problem. Two-thirds of those polled in March believe it’s important for the government to implement policies that reduce inequality. 71 percent think the government believes it’s more important to help major corporations than to help the poor.

What’s more, Americans correctly perceive that bankers broke the law and got away with it – that, in fact, they were bailed out rather than punished. A Reuters/Ipsos poll conducted last September showed that only 15 percent of the public agreed that “The government has sufficiently prosecuted bankers for their role in the financial crisis,” while more than half disagreed with that statement.
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Look Out, Wall Street, the New Populism is Coming (Original Post) xchrom May 2014 OP
k/r marmar May 2014 #1
It won't matter without a political party vi5 May 2014 #2
Impressive numbers, but good luck finding a party that will base its platform on them tularetom May 2014 #3
There needs to be a party that is SOLELY on the side of workers......... socialist_n_TN May 2014 #4
 

vi5

(13,305 posts)
2. It won't matter without a political party
Wed May 14, 2014, 08:29 AM
May 2014

Neither party is even close to populist and both are far too cozy with Wall Street to ever let any harm come to them.

tularetom

(23,664 posts)
3. Impressive numbers, but good luck finding a party that will base its platform on them
Wed May 14, 2014, 08:41 AM
May 2014

Both major parties are running like hell away from those poll results, one a lot faster than the other.

I've never seen stronger proof that the American people currently have no representation in "their" government.

When the tea party asshats finally figure out who is really screwing them it's going to be "interesting".

As in "May you live in interesting times".

socialist_n_TN

(11,481 posts)
4. There needs to be a party that is SOLELY on the side of workers.........
Wed May 14, 2014, 08:46 AM
May 2014

NOT one that says it wants to help both workers and owners. In the zero-sum game of class struggle, we the people need someone who represents US and no other interests. We don't have that now.

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