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Wall St. Bankers Dismiss Protesters as Unsophisticated

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Why Syzygy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 11:34 AM
Original message
Wall St. Bankers Dismiss Protesters as Unsophisticated
Edited on Sat Oct-15-11 11:38 AM by Why Syzygy
Wow . this should tick you off (if "you" support the Occupiers.)

http://www.nytimes.com/2011/10/15/business/in-private-conversation-wall-street-is-more-critical-of-protesters.html?_r=2

A few even feel personally attacked, and say the Occupy Wall Street protesters who have been in Zuccotti Park for weeks are just bitter about their own economic fate and looking for an easy target. If anything, they say, people should show some gratitude.

“Who do you think pays the taxes?” said one longtime money manager. “Financial services are one of the last things we do in this country and do it well. Let’s embrace it. If you want to keep having jobs outsourced, keep attacking financial services. This is just disgruntled people.”
*(I hope that means his job is next to be outsourced. What then?)

“I don’t think we see ourselves as the target,” said Steve Bartlett, president of the Financial Services Roundtable, which represents the nation’s biggest banks and insurers in Washington. “I think they’re protesting about the economy. What’s lost is that the financial services sector has to be well capitalized and well financed for the economy to recover.”
*(They should be "well capitalized" after the trillions WE GAVE THEM! And they are demanding our GRATITUDE? The hubris is just breathtaking.)

We've got our very own self appointed royal class. And you better appreciate everything they do for you!

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teddy51 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 11:37 AM
Response to Original message
1. “Who do you think pays the taxes?” Well it certainly is not those abusive
asswipes. It has been mentioned time and again that Corporations and Banksters do not pay their fair share in taxes.
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Why Syzygy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 11:41 AM
Response to Reply #1
2. Warren Buffet
His fund has not paid tax for the past TEN years! Did you see Capital Hill scuttle when Obama started seating his cabinet?
OOPS! Gotta go pay those taxes for the past three years .. It is appalling and very much a part of how people are feeling.
They are crooks and seem to not even realize it. The very definition of a PSYCHOPATH. No treatment.
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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 11:42 AM
Response to Reply #1
3. +1
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 12:27 PM
Response to Original message
4. The truth is: Bankers fear social instability more than anything.
Social Instability makes Wall St very nervous.
Seeing people in the street tells them things
are not wo swell. To them People in the Street
is the first sign of impending instability.
They did not react to TeaBaggers because they
new they were on the same page and it was a\charade.

Of course ,they will say things to look brave and
unaffected. The most natural thing in the world.

Ron Insana explained this some years back, very
clearly on CNBC.

Things are not always what they seem.
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Festivito Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 12:36 PM
Response to Original message
5. The best way to rob a bank is to own it. Everyone else is unsophisticated. /nt
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Downtown Hound Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 12:38 PM
Response to Original message
6. "What’s lost is that the financial services sector has to be well capitalized and well financed for
Edited on Sat Oct-15-11 12:38 PM by Downtown Hound
the economy to recover."

Just how much more well financed do you need to be? You currently own all the wealth and are the recipient of multi-hundred billion dollar bailouts, and guess what? The economy ain't getting better.
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Why Syzygy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 01:43 PM
Response to Reply #6
7. They only get 99% of the wealth.
The rest of us get 1% and maybe they are after that as well.
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rustydog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 01:51 PM
Response to Original message
8. Sophistication has NOTHING to do about the legitimacy of
protesting against a wrong. These guys are using GOP, Right-Wing talking points attempting to discredit the legitimacy of the protests and protesters.
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 01:54 PM
Response to Original message
9. Translation: Those trouble-makers refuse to join the rat race or be bought off.
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