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If you are only looking at one specific area then you miss the Big Picture.
Add in Bank Bailouts, Revolving Door Banking Lobbyists and policies that get to be drafted by them and not your average citizen and the picture gets pretty clear, you just do not want to see it.
Lobbying Spent by Goldman Sachs
LOBBYING $40,677,000 SPENT
Misc Business $6,501,507,333
Health $6,381,242,984 Finance/Insur/RealEst $6,359,552,451
Communic/Electronics $5,203,800,371
Energy/Nat Resource $4,705,254,338
Other $3,348,646,508
Transportation $3,219,050,597
Ideology/Single-Issue $2,072,572,556
Agribusiness $1,910,768,997
Defense $1,819,234,550
Construction $693,917,637
Labor $628,956,951
Lawyers & Lobbyists $429,144,905
W Modern finance is a great system for the people that own and run it but a financial trap for everyone else. Just as it has always been.
Over 50% of American's have 401K's and yet .5% of Americans get their wealth from the stock market and account for over 50% of the wealth in this country.
I have read stories where some of these sharks pay off their bad trades on other peoples 401K accounts and reap the wins for themselves on other trades.
Everyone cannot get in to Princeton. If every high school grad had a 4.0, Princeton would be even more selective, so they could still maintain their elitist acceptance rate.
Obviously whatever school you went to neglected to teach you very basic statistics. Stating that someone deserves to be broke and unemployed because they fell outside of the top 10 percent, is simply idiotic.
Well given that this poster was a person that automated other people's jobs is a good indication that they have no conscience to begin with. It is all business, nothing personal, just like a Mafia Thug that stabs you in the back at his masters wishes.
I'll answer your question when the average American is bailed out or can write their own policies to pass off to their puppet politicians
A lot of Americans were bailed out. When your house was foreclosed and the debt written off the govt until this year or last year did not count the debt write off as income as it should be. Sure you avoid the obviously question though to keep the tin foil troll rolling
A lot of Americans were bailed out. When your house was foreclosed and the debt written off the govt until this year or last year did not count the debt write off as income as it should be. Sure you avoid the obviously question though to keep the tin foil troll rolling
Lol. Yes I am sure those people felt bailed out.
You lost your house, and a Ton of money...tell you what, we are such good guys that we will bail you out, and not tax you on the written off debt.
You lost your house, and a Ton of money...tell you what, we are such good guys that we will bail you out, and not tax you on the written off debt.
That's not a bailout.
These homeowners were indeed bailed out. They just feel that they're entitled to more than they received. And this is why there is not going to be an uprising of any sort. People do not want to put in the actual effort.
The Citigroup Plutonomy Memos: Two bombshell documents that Citigroup's lawyers try to suppress, describing in detail the rule of the first 1%
Thanks & respect for posting this link, I had seen the original memo however missed the updates, I appreciate. It sure is a reality check.
Although the blatancy still surprises me.
Long story short, I agree with Bill Moyers, "Plutocracy & Democracy do not mix."
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