Un-American? Radical? Hardly. Reasons to protest seem quite clear

[struggle4progress]

By Robert Trigaux, Times Business Columnist
Posted: Oct 12, 2011 07:01 PM

... But Wallison – I remember him best as general counsel to President Ronald Reagan – is wrong to lay no blame on Wall Street bankers. He argues people have been fed a false story that the "financial crisis and ensuing deep recession was caused by a reckless private sector driven by greed and insufficiently regulated. It is no wonder that people who hear this tale repeated endlessly in the media turn on Wall Street to express their frustration with the current conditions in the economy."

Really?

So it was the federal regulators who coerced Wall Street to package dud mortgages and re-sell them around the globe to unsuspecting investors? And was it the feds who forced top Wall Street execs to accept pay packages topping $25 million, $50 million and even $100 million for hawking lousy investments for big fees during those go-go years?

Tell me another fairy tale. Better to understand the protesters than demonize them.

http://www.tampabay.com/news/un-american-radical-hardly-reasons-to-protest-seem-quite-clear/1196519