General Discussion

Rex

(65,616 posts)

27. Banksters love the Greed is Good generation, so much so that they decided to keep America that way.

Reply to Octafish (Original post)

Tue Sep 1, 2015, 02:58 PM

Sep 2015

We've been in Totally Fucked mode since the 1980s.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

49 replies

= new reply since forum marked as read

Highlight:

How Wall Street Parasites Have Devoured Their Hosts, Your Retirement Plan and the U.S. Economy [View all] Octafish Sep 2015 OP

They used to be more subtle about it Hydra Sep 2015 #1

Open Air Criminality Octafish Sep 2015 #3

"Goldman Sachs is a giant vampire squid wrapped around the face of humanity, relentlessly SharonAnn Sep 2015 #29

I think people see it Oilwellian Sep 2015 #42

K&R.... daleanime Sep 2015 #2

We are living in the wealthiest times in human history... Octafish Sep 2015 #5

By buying back their own stock, corporate CEOs are stealing future revenues from those corporations fasttense Sep 2015 #20

Not that great in Camden. JEB Sep 2015 #22

aided by both the rep and dem parties. KG Sep 2015 #4

That, unfortunately, is the problem. Ask UBS. Octafish Sep 2015 #7

"Buy Partisanship", indeed! Gramm and Clinton - two peas from the same pod. erronis Sep 2015 #18

"the most corrupt era in American history" - about sums it all up, right there. closeupready Sep 2015 #6

Neil Barofsky, then-IG for TARP, explained How Things Work. Octafish Sep 2015 #8

K/R marmar Sep 2015 #9

Kurt Vonnegut made things clear as a mountain stream... Octafish Sep 2015 #10

Powerful stuff angel823 Sep 2015 #12

Wow L0oniX Sep 2015 #13

A missed voice of JackInGreen Sep 2015 #16

Thanks for this excerpt! Time to get back to (re)reading some more Vonnegut. erronis Sep 2015 #19

God Bless You Mr. Rosewater is of my favorite novels. PufPuf23 Sep 2015 #25

Too cryptic. It's time to blow the lid off, and show everyone how banks and Wall Street take reformist2 Sep 2015 #28

"two-thirds of your 401(k) plan over a working lifetime is likely to be lost to financial fees" L0oniX Sep 2015 #11

K & R ctsnowman Sep 2015 #14

Parasites SoLeftIAmRight Sep 2015 #15

My retirement plan is just fine, thank you. Helen Borg Sep 2015 #17

K&R for the original post and subsequent informative posts and links. JEB Sep 2015 #21

THIS! tblue37 Sep 2015 #23

Yes, Soul Sucking Parasites. colsohlibgal Sep 2015 #24

They take 1-2% of your money each year, whether the market goes up or down.... reformist2 Sep 2015 #26

a 5 min google search taught_me_patience Sep 2015 #38

There are no funds that are free. Somebody runs them, and you better believe they charge you for it. reformist2 Sep 2015 #46

Yes, the Vanguard S&P 500 fund charges 0.17%/year (0.05%/year for $10,000 or more invested) progree Sep 2015 #48

Vanguard's S&P 500 Index Fund up 58 fold since inception (8/31/76) progree Sep 2015 #41

You may as well tell people they too can win the lottery. reformist2 Sep 2015 #45

I guess my parents and I have been serial lottery winners for decades. progree Sep 2015 #47

Banksters love the Greed is Good generation, so much so that they decided to keep America that way. Rex Sep 2015 #27

K&R for truth LongTomH Sep 2015 #30

Kicking...... Thanks, Good read as always. Take care my friend. N/t Hotler Sep 2015 #31

Kickety rec. hifiguy Sep 2015 #32

Not just parasites, extortionists (nt) Babel_17 Sep 2015 #33

Frontline didn't say that about 401k fees. The 2/3 figure is from a hypothetical example progree Sep 2015 #34

K&R Scuba Sep 2015 #35

This is one reason why Bernie is more electable than HRC. n/t Admiral Loinpresser Sep 2015 #36

K&R raouldukelives Sep 2015 #37

You have told the story of our Age. Octafish Sep 2015 #44

K&R#71 bobthedrummer Sep 2015 #39

K&R CrawlingChaos Sep 2015 #40

Jim Cramer openly admits to ripping off clients Oilwellian Sep 2015 #43

I'll read this when I get back. Quantess Sep 2015 #49