What, No Lehman Aid?

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  • Posted By: trueifexist @ 09/13/2008 1:09:48 PM

    Currently the pay at Wall Street is so high that if you can just fake the performance for a few years, the income you have will be more than what most Americans can earn in their lifetime. Oh, BTW, don't forget if you mess up really bad, the government will bail you out.

  • Posted By: jbowyer001 @ 09/12/2008 10:42:34 PM

    From FoxBusiness (September 12, 2008): "JPMorgan in Talks to Purchase WaMu"

    In a capitalist world that should be charactreized by competition and variety, the financial Mafia seems to be consolidating "everything" into Bank of America (Countrywide and Lehman) and JP Morgan (Bear Stearns and WaMu).

  • Posted By: expatincebu @ 09/12/2008 7:01:11 PM

    Modern America has decided that the old way of doing things was all backwards.

    Instead of Robin Hood's credo we have rob from the poor (working taxpayers) give to the rich (wealthy investors and ceo's).

    Instead of socialism where profits are used to help all citizens we privatize profits and nationalize debt, sticking poor working people with the bill.

    Instead of communism, from each according to his ability to each according to his need, we prefer more wealth for the wealthy, less of everything for those who work.

    This is our modern form of capitalism. The Germans once called it National Socialism. Most know it by its Italian name, Fascism.

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