Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: The Scale of Wall Street’s Holdings Are ''Unprecedented in U.S. History'': Senate Report [View all]Octafish
(55,745 posts)6. Good points. The thing is, socialism works great for Wall Street...
...Banksters who loot the banks get the taxpayers to bail them out -- plus, said same taxpayers get to pick up the tabs for the multi-billion dollar bonuses for the same Banksters.
Meanwhile, it's survival of the economic fittest in the arena of pure capitalism for the rest of the mopes who aren't so fortunate to have chosen their birth circumstances wisely.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
71 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
The Scale of Wall Street’s Holdings Are ''Unprecedented in U.S. History'': Senate Report [View all]
Octafish
Nov 2014
OP
This is not possible if not preceded by 50 years of non stop propaganda
NoJusticeNoPeace
Nov 2014
#1
War as welfare for the Wealthy. Boot stamping on the face of humanity forever for the rest of us.
Octafish
Nov 2014
#43
Looks like Wall Street has had a very productive 6 years, it would be nice if the most transparent
Autumn
Nov 2014
#2
By the numbers, it's the greatest recovery in recorded history. Here's the breakdown...
Octafish
Nov 2014
#7
William K. Black warned Washington. So, Washington ignored the dean of financial regulation...
Octafish
Nov 2014
#18
Goldman, Morgan Stanley And JP Morgan Named In Commodity Manipulation Investigation
Octafish
Nov 2014
#36
Well, the DJIA has almost tripled in 6 years, and almost all of that new wealth is in their hands
Doctor_J
Nov 2014
#10
Earlier capitalists didn't have the propaganda power of the modern American MSM.
Odin2005
Dec 2014
#61
Well, Bill Clinton did deregulate the banks, allowing them to become "too big to fail"
RiverLover
Nov 2014
#27