"Why Isn't Wall Street in Jail?"
- Thread starter kame-sennin
- Start date
- Status
Mustaphadamus
Member
Not sure if you got the memo or not but the poor suffered plenty under Reagan. He helped play his part in breaking union backs as well.Chichikov said:
The largest transfer of wealth from working and middle class to the top 10% took place while all this is happening. You see how the rich got richer yet middle and working class pay have not kept up with the cost of living since the 70s? Well, thats how they are paying the price. Not to mention we bailed them out with our tax dollars and in turn they get million dollar bonuses. This country has a real problem in terms of income inequality, education and economic factors. People need to wake up and smell the effing coffee, we are at war.Ulairi said:
Doncamatic
Member
Anything by Taibbi is going to get read by me. Consistently good material.
ColonelColon
Member
bounchfx said:
Proud to be an American.
And we're done here. Seriously, anyone that thinks this is a Capitalistic Democracy is delusional. Plutocracy is here, they just haven't figured out how to get rid of our right to vote.... YET. And when they do, along with the financial crisis happening, I would simply ask the rich to look at France in 1789. "Let them eat cake." Eat a bullet.Spire said:
Chuck (Old)
Banned
Former Wall Street execs are in top positions in the government. Obama, congress, the senate... they're all in cahoots.
Buckethead
Banned
Assumptions are like a-holes...DennisK4 said:
bafflewaffle
Member
I will not be satisfied until jon bones and all the rest of his fatcat cronies entrails are dragged in the streets by fat hairy teamsters with pastrami breath
timetokill
Banned
We are fast approaching the breaking point. The economy is in shambles, and there is nothing that can legally be done to resolve the issue. The President will not help us. Congress will not help us. As the article says, the government is the corporation is the government. By increasing the power of government, we have only increased the power of the wealthy.
There is literally nothing that can be changed until we come to a revolution. I'm talking French Revolution kind of stuff. Everything has been corrupted to the point where the only answer will soon be a violent uprising.
There is literally nothing that can be changed until we come to a revolution. I'm talking French Revolution kind of stuff. Everything has been corrupted to the point where the only answer will soon be a violent uprising.
Fusion Pizza
Member
timetokill said:
Yes. Lets start the naked car flipping now.
kame-sennin
Member
timetokill said:
It doesn't have to come to violence:
http://www.bbc.co.uk/news/world-middle-east-12522848
ggnoobIGN said:
These banks committed fraud, which last time I checked, was illegal. They took incredibly risky, low-rated mortgages and packaged them together with lower risk mortgages and then sold them to state pension funds as high rated, low risk investments. As Taibbi said in the video interview, that's like selling a faulty car under the premise that it's new and safe. That's fraud, and it's totally illegal.
Flying_Phoenix
Banned
Equus Bellator Apex said:
No what they did was much much much worse.
Go with Buckethead's recommendation and watch this film:
It was literally scamming that got the world into this crisis.
They should be in jail but their not because almost every higher up in the financial section of the government used to work for Goldman Sachs. Gotta protect your own, you know.
When the Savings and Loan Crisis occurred in Texas, people were thrown in jail for that shit. Same thing should happen again.
When the Savings and Loan Crisis occurred in Texas, people were thrown in jail for that shit. Same thing should happen again.
Flying_Phoenix
Banned
teh_pwn said:
The problem with this is that nobody fucking cares. People don't want to leave their comfort zone. Most people are too preoccupied with their iPhone, jacking off to Maxim, or watching "The Bad Girls Club" to give a crap. And those that do, well there isn't really a movement or group strong enough to make people think there is a realistic way to do these things.So the government, businessmen, and the super-wealthy will continue to push society just enough to the point that the people will be obedient. But really it's just a matter of time before these people push to far. History has shown this is how government, social justice, and well humanity in general evolves.
Ulairi said:
They could if they wanted too, it's just that everybody is too corrupt. Many of the people in the governments financial sector use to work for these banks, and the rest are either too corrupt or too small of a voice to really do anything about it.
Soleil rouge
Member
Flying_Phoenix said:
Well said.
Media and popular culture are designed, IMO, to keep your attention away from more important affairs, while not being too obvious. It could be that the 40 hour work week and US work culture in general is also meant to keep people much too preoccupied with their jobs to get into politics of this nature.
Soleil rouge said:
Agreed, but it does seem like a small number of people are waking up to what is potentially going on in this country. The question is how long will it take for a real change to take place? Not the BS change we were promised in the last election. Inside job is a great movie, anyone and everyone should be required to watch it.
Whether you take him seriously or not Joe Rogan sounds off
The American War Machine
I'm less interested in going after people working for Goldman-Sachs (but that would be great) than I am going after the people working in the SEC at the time. They were the ones who are supposed to be watching these wolves and prosecuting them when they get caught being negligent. But it was a spectacular fail for an entire decade.
That's where the corruption starts, then you work backwards from there.
But we can't look to Obama for this. He is too worried about surviving 2012 and possibly appearing "anti-business". No need to concern himself with correcting the sins of the Bush years.
That's where the corruption starts, then you work backwards from there.
But we can't look to Obama for this. He is too worried about surviving 2012 and possibly appearing "anti-business". No need to concern himself with correcting the sins of the Bush years.
empty vessel
Member
Soleil rouge said:
Absolutely, the necessity of keeping a full-time job to feed your family is a huge impediment to political activity (and not just activity, but even learning). Whereas corporate and financial executives consider their engagement in political activity as part of their work. And for everything else, they can take as much time as they like. The wealthy, by far, enjoy more leisure time than any other class, with the possible exception of the unemployed (but they lack the resources to engage).
afternoon delight
Member
The problem will not be fixed in our lifetimes, and I doubt people will ever figure it out. It's a shame too.
We coulda been a contender! But instead, we're relegated to these times.
We coulda been a contender! But instead, we're relegated to these times.
iNvid02
Member
the government is in your pocket as long as you have the cash
the government is not made of entirely of good individuals who genuinely want to help the country
there are corrupt people in there who will do what benefits them.
politicians are tasked with goals that will take years and years to achieve, yet the incentives we give em are short term.
the government is not made of entirely of good individuals who genuinely want to help the country
there are corrupt people in there who will do what benefits them.
politicians are tasked with goals that will take years and years to achieve, yet the incentives we give em are short term.
Flying_Phoenix said:
Word the fuck up. There are people who are fed up yet they are stuck trying to make money and to live paycheck to paycheck. The breaking point doesn't seem like it will ever happen, as people in this country are too occupied with material shit to go out and make a change. I also don't think protesting will do anything, as it is too far gone for that to do much.
ClosingADoor
Member
It really is amazing how one can go to sleep knowing they have fucked over millions of people and ruined tons of lives.
We won't question this shit until we can't update our Facebooks and Twitters on our cheap iPhone's while eating a $5 Big Fuckkin' Taco Bell box.
It's Brave New World shit. We're so happy with the crap they give us we don't notice how they're controlling our every action.
It's Brave New World shit. We're so happy with the crap they give us we don't notice how they're controlling our every action.
polyh3dron
Banned
bu bu bu bu bu but we must look forward, not backward.XMonkey said:
NullPointer
Member
Obligatory.
heliosRAzi
Banned
Upwards, not forwards... and always twirling, twirling, TWIRLING TO FREEDOM!polyh3dron said:
Hari Seldon
Member
I think the States need to start exercising some power. Most states are going bankrupt and they cannot print money. It is time to exercise some constitutional power and ram some amendments down the throat of the feds: I would like to see as a minimum an ammendment for 1. term limits and 2. forcing congress to recluse themselves on votes where they own a financial stake (stock)
Also on my wish list is a nationally elected corruption official that enforces corruption standards on congress.
The states can do this without the feds having a say if they have the balls.
Also on my wish list is a nationally elected corruption official that enforces corruption standards on congress.
The states can do this without the feds having a say if they have the balls.
heliosRAzi
Banned
Doubt that will happen. Corruption is rampant. Officials are too worried about their political future and aspirations. And the public is complacent.Hari Seldon said:
This is a pretty good companion piece:
Justice Denied: Why Countrywide Chief Fraudster Mozilo Isn't Going to Prison
Quick summary: A lot of the the Attorney General's office, including Eric Holder, are too in bed with the financial industry to go after their buddies for f-ing up.
Justice Denied: Why Countrywide Chief Fraudster Mozilo Isn't Going to Prison
Quick summary: A lot of the the Attorney General's office, including Eric Holder, are too in bed with the financial industry to go after their buddies for f-ing up.
- Status