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Posted by: nostalgia 8 months, 1 week ago
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nostalgia8 months, 1 week ago
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stephen-johnson - very different viewpoint and a great deal to consider
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Thanks for posting this!
Interesting analysis - especially the comparison to Grant
"That "quiet coup," Johnson warns, could turn America into a "banana republic."
How very true!-
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stephen-johnson8 months, 1 week ago
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I'm not (or at least, I don't think that I am) into the class and money envy scene, but i don't really see what Wall Street types do that helps the real economy enough to justify their humongous salaries. To me it looks instead like Wall Streeters are good at cooking up schemes to siphon off money from the real economy with no benefit to anyone other than themselves. Junk bonds, internet stocks, gas and real estate bubbles - the list goes on and on.
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Wolfie20078 months, 1 week ago
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stephen
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I understand how you feel but as long as it's their money I don't care how much they pay their employees but when they start using mine, think TARP, etc., like it belonged to them I do get a bit teed off. Historically these great crashes and scams are always collusion between government and the private sector. Remember this all started with government regulations to pressure banks to loan money to people who weren't qualified to repay. .
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