How does it help our party when Democratic wealth is destroyed by unscrupulous investment

[Mike 03]

managers on Wall Street or just downturns in this economy?

The absolute glee here when rich people are damaged amazes me. I doubt we would even have the president we now have had it not been for those people who are so routinely derided here. That was the money that subsidized food banks, shelters for the homeless, medical clinics for people who have no money or health insurance.

Every now and then I have to shake my head here at some of the things I read. It does none of us any good if banks go bust or wealth is destroyed. Wishing for these things to happen seems to me to be really bad karma. Who do you think cares enough (i.e., to be blunt, even gives a shit) to give money to worthy organizations that feed people or fight disease? You think it's guys like Mitch McConnell, Jon Kyle or John McCain? Sure thing. It's our party, the Democrats. We give even when it hurts.

Wishing for our money to dry up is absolute foolishness. Even looking at it logically, since Republicans probably have more money than most of us do, when money shrinks, ours shrinks more than theirs. That is called basic calculus.

[Still Sensible]

1. Point well taken

I think it is counterproductive as hell. There are many bad actors that have contributed to this mess. Mostly supply siders that have been preaching laissez faire economics and deregulation since Reagan gave them an opening back in the 80s.

But, the fact is I promise you these people did not want to lose trillions of dollars of their wealth in order to screw the rest of us, but that seems to be what some around here think. Yes they created that wealth very often by taking advantage of the rest of us. But they didn't crash this system to punish us (or themselves).

Did they fuck up? You bet they did in epic proportions. But it was because they were flat out wrong that their greed could be self regulated. And they were wrong to undo the banking regulations that helped save the country 60-70 years ago.

[leftstreet]

2. Wait. The Democratic party has become a Charitable Organization?

Rather than fight for policies that put working people and the impoverished first, we're just going to subsidize food banks?

LOL The Robber Barons of Old must be laughing their asses off.