Dear 1%, your time is up. Sincerely, #WeThePeople P.S.- Fuck you, Wall Street

[Playinghardball]

[MohRokTah]

1. People who blame Wall Street for business failures are pretty ignorant about how finance works.

There is no monolithic "Wall Street". Competition pretty much wipes out that entire concept.

[Octafish]

3. People who disparage others for pointing out important truth are what?

For example of where Wall Street benefitted at the expense of the average person -- perhaps even a Democrat:

Geithner sacrificed homeowners to “foam the runway” for the banks

EXCERPT...

Neil Barofsky, the former special inspector general for the Troubled Asset Relief Program, has published a new book, “Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street.” It presents a damning indictment of the Obama administration’s execution of the TARP program generally, and of HAMP in particular.
…
By delaying millions of foreclosures, HAMP gave bailed-out banks more time to absorb housing-related losses while other parts of Obama’s bailout plan repaired holes in the banks’ balance sheets. According to Barofsky, Treasury Secretary Tim Geithner even had a term for it. HAMP borrowers would “foam the runway” for the distressed banks looking for a safe landing. It is nice to know what Geithner really thinks of those Americans who were busy losing their homes in hard times.

CONTINUED w VIDEO and links and more letters...

http://washingtonexaminer.com/video-geithner-sacrificed-homeowners-to-foam-the-runway-for-the-banks/article/2502982

MAYBE PEOPLE WOULDN'T BE SO IGNORANT IF THEY COULD READ LOWER CASE.

[MohRokTah]

4. Again, there is no monolithic "Wall Street"

Blaming a monolithic "Wall Street" is as ignorant as blaming a monolithic "The Powers That Be" , "The Bildebergers", or
"The Illuminati".

[Octafish]

7. Like PNAC and Bilderberger don't have a thing in common, apart from Wall Street.

From Elliot D. Cohen:

Both Bilderberg and PNAC ideologies are versions of real politik. Their main proponents such as PNAC cofounder William Kristol and Bilderberg codirector David Rockefeller subscribe to the use of power, manipulation, and deception to attain their ends. "We are on the verge of a global transformation," said David Rockefeller on September 23, 1994. "All we need is a the right major crisis and the nations will accept the New World Order." Such a willingness to turn a national crisis to political advantage is reminiscent of the Bush administrations (sic) use of the 9/11 attacks as a pretext for invading Iraq. It is also markedly akin to the PNAC's chillingly prophetic statement, made one year prior to the 9/11 attacks, that "the process of transformation, even if it brings revolutionary change, is likely to be a long one, absent some catastrophic and catalyzing event -- like a new Pearl Harbor."

Philosophically, the replacement of PNAC with Bilderberg as the ruling ideology of the time may representative (sic) a Hegelian synthesis between a thesis (PNAC) and antithesis (Bilderberg). Unfortunately, this synthesis may be moving from a nationalistic culture of control to one of global proportions.

-- Elliot D. Cohen, "Mass Surveillance and State Control: The Total Information Awareness Project" p. 117 (2010)

ONLINE:

https://books.google.com/books?id=wcfHAAAAQBAJ&pg=PA117&lpg=PA117&dq=pnac+bilderberger+realpolitik&source=bl&ots=YOSXOuHh13&sig=Gh8ubHHrTzwbJRbS7xOYXJZ2LAg&hl=en&sa=X&ved=0ahUKEwiHkIPwnYTKAhXBdz4KHeLaCZUQ6AEIHDAA#v=onepage&q=pnac%20bilderberger%20realpolitik&f=false

Realpolitik or Real Property. Who cares?

And who cares if "Wall Street" doesn't exist as a monolith? Your attempt to denigrate another DUer is what really stands out.

[Octafish]

9. Oops. I didn't forget you're the person who smears DUers.

So, nothing to say about what you or I wrote. Just ad hominem. Nice.

Show where I post anything that is wrong and I'll apologize. Until then, don't smear DUers or I'll keep pointing it out and the rest of what I find wrong with you.

[MohRokTah]

10. Sure, anything you say.

The Bildebergers did it because they were ordered to by the Illuminati. I'm sure the Powers that Be have sorted it out with the guy from the Grassy Knoll and will insure the faked moon landings are still considered real.

[Octafish]

12. GOOGLE Elliot D. Cohen.

When it comes to PNAC and the Bilderbergers, he knows lots more than I do about how they use money and power to shape the planet and steer the nation. He also knows more about Wall Street than you do.

[Hortensis]

15. People who see real conspiracies and accurately

assess their viability are effectively wise and insightful thereby. I am surprised by the notion that people who look for conspiracies would feel the word conspiracist was a smear. I've been called a liberal for decades by people who meant it as a profound insult, and yet I was never insulted. It was the truth, and I've always been proud of it.

[Plucketeer]

17. "Cut it out!" nt

[ryan_cats]

36. Don't

Don't forget:

The Rand Corporation, in conjunction with the saucer people under the supervision of the reverse vampires...

[laundry_queen]

11. LOL

People who bring up 'competition' have no idea how finance works.

[Depaysement]

13. I have 2 questions

Do you remember the Great Recession?

Do you work in the financial industry?

[WhaTHellsgoingonhere]

14. Competition? That's something you read about in a text book...

when you should have been reading about mergers and acquisitions (among other things).

[SusanCalvin]

16. COMPETITION???

As in anything actually meaningful?

[George II]

28. The funny thing about all these anti-Wall Street critics is that just about every one of them....

....has a very close connection to Wall Street - pension plans, 401ks, mutual funds, savings accounts, etc.

[Ed Suspicious]

29. Yeah? why is that?

[George II]

34. Why is what?

[laundry_queen]

30. What other option is there, for most people, please?

This should be good.

[mmonk]

35. People who can't figure out that Wall Street

caused the collapse of our economy in 2008 creating massive business failures need to reexamine their position.

[Backwoodsrider]

2. DU needs a "like" button

Like this post.

Got no idea where we are headed this is such a crazy time with a great black president, legal pot and some who think we need to murder Muslims for our wellbeing.

[nc4bo]

5. Occupy the polls 2016. nt

[SoapBox]

18. ^^^ This! ^^^

[Yupster]

6. What is this a picture of?

Looks like a closed business, but which one?

[George II]

19. You do realize that Sanders is campaigning to become a member of the 1%, don't you?

[SusanCalvin]

20. So?

If you mean money-wise, doubtful.

If you mean power-wise, yes, that is the point. But you knew that.

[George II]

21. Look up what it takes to get into that 1%, if he's elected president he'll be welcomed to that club.

In fact, at his current level of income, he's in the top 2%.

Funny how things work out, eh?

As for the "power-wise", in the unlikely event that he gets the nomination and then gets elected, no doubt he'll prove to be the most ineffectual president since Millard Fillmore. He won't have the support of the entire republican caucuses in both houses and a good part of the Democratic caucuses.

But he'll elevate himself into the 1%. Bravo.

[SusanCalvin]

22. OK, so you were talking about just money.

Well, I'm in the top 1% globally. Again, so? (Except that I should be, and am, grateful for my membership in the lucky gene club.)

Oh, and, you are obviously talking just income, not assets.

As far as Bernie's electability and efficacy if elected, well, we shall see. And I'm also hoping for coattails.

[rockfordfile]

23. What are you talking about?

" He won't have the support of the entire republican caucuses in both houses" No Democratic President would. The fascist republican party is so far right wing that it's out in no mans land.

[SusanCalvin]

24. Really.

It's pretty amusing (in a depressing kind of way) how many arguments against Bernie are 100% applicable to *any* Democratic nominee.

[George II]

26. But Bernie isn't a Democratic nominee.

[SusanCalvin]

27. No, but he might well be *the* Democratic nominee.

I'm sure going to do my best. Thanks for a much-needed kick in the rear. I've been kinda depressed lately, but DU tonight has been a huge boost.

[George II]

25. Did you read the rest of what I said?

[rjsquirrel]

32. Yes that makes a lot of sense

Cursing at a street will surely change hearts and minds.

Many middle class Americans have stock investments. Mine pay for my kid's education and my retirement. I don't want Wall Street to fail.

I was an active OWS protestor too. At Zucotti.

Some of us can actually grasp complexity and not just speak in broad scapegoating generalizations.

Childish rants win no converts.

[SusanCalvin]

37. I don't want it to fail, I want it to be changed.

Personal opinion, if it's not changed it will fail, at least for little people like me.

[raouldukelives]

33. Hollowed out from the inside.

At some point all the little MBA Gordon Gecko wannabes figured out that innovating, building and creating was hard work. The real profits lied in dismantling all that those who came before them had built.

Small banks, small businesses, hospitals, schools, libraries, grants, scholarships, parks, factories and communities have been sucked dry and left as empty husks at our feet. The Romneys and Rumsfelds and Freidman acolytes of this world haven't been able to create, all they know is how to destroy. Like Jeff Goldblum in The Fly, they swooped in and vomited acids on the monuments left to us by our forefathers and have licked up the sticky ooze left behind. Sending it off to the Cayman Islands and sugar daddies in the Middle East.

It is being repeated on every corner of the globe and on every people. They will not rest until it is all gone. The only choice one has is to be a part of it or apart of it. On the plus side you can make good money. On the downside you are a mockery of everything being a good liberal, a good patriot or even a good Christian is all about. Turncoats of the grandest scale our world can imagine.