Confronting the malefactors

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When the Occupy Wall Street protests began three weeks ago, most news organizations were derisive if they deigned to mention the events at all. For example, nine days into the protests, National Public Radio had provided no coverage whatsoever.


The protesters’ indictment of Wall Street as a destructive force, economically and politically, is completely right.


Bankers took advantage of deregulation to run wild (and pay themselves princely sums), inflating huge bubbles through reckless lending.


The bubbles burst — but bankers were bailed out by taxpayers, with remarkably few strings attached, even as ordinary workers continued to suffer the consequences.


There are real political opportunities here. Not, of course, for today’s Republicans, who instinctively side with those Theodore Roosevelt-dubbed “malefactors of great wealth.”


http://www.nytimes.com/2011/10/07/opinion/krugman-confronting-the-malefactors.html
 
http://www.nytimes.com/2011/10/10/opinion/panic-of-the-plutocrats.html?src=ISMR_AP_LO_MST_FB

It remains to be seen whether the Occupy Wall Street protests will change America’s direction. Yet the protests have already elicited a remarkably hysterical reaction from Wall Street, the super-rich in general, and politicians and pundits who reliably serve the interests of the wealthiest hundredth of a percent

Eric Cantor, the House majority leader, has denounced “mobs” and “the pitting of Americans against Americans.” The G.O.P. presidential candidates have weighed in, with Mitt Romney accusing the protesters of waging “class warfare,” while Herman Cain calls them “anti-American.” My favorite, however, is Senator Rand Paul, who for some reason worries that the protesters will start seizing iPads, because they believe rich people don’t deserve to have them

The way to understand all of this is to realize that it’s part of a broader syndrome, in which wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.
 
Return of Dune said:
http://www.nytimes.com/2011/10/10/opinion/panic-of-the-plutocrats.html?src=ISMR_AP_LO_MST_FB

It remains to be seen whether the Occupy Wall Street protests will change America’s direction. Yet the protests have already elicited a remarkably hysterical reaction from Wall Street, the super-rich in general, and politicians and pundits who reliably serve the interests of the wealthiest hundredth of a percent

Eric Cantor, the House majority leader, has denounced “mobs” and “the pitting of Americans against Americans.” The G.O.P. presidential candidates have weighed in, with Mitt Romney accusing the protesters of waging “class warfare,” while Herman Cain calls them “anti-American.” My favorite, however, is Senator Rand Paul, who for some reason worries that the protesters will start seizing iPads, because they believe rich people don’t deserve to have them

The way to understand all of this is to realize that it’s part of a broader syndrome, in which wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.
Click to expand...

Odd how you, Rana, and Rootbeer support an OP that states:

"Yet the protests have already elicited a remarkably hysterical reaction from Wall Street,....."

And yet; provides nothing to support the assertion.

Maybe your support isn't that odd, for you, after all. :)

What's even funnier, is that it has become apparent that none of you bother to read other posts, before duplicating the info. :)
 
USFREEDOM911 said:
Odd how you, Rana, and Rootbeer support an OP that states:

"Yet the protests have already elicited a remarkably hysterical reaction from Wall Street,....."

And yet; provides nothing to support the assertion.

Maybe your support isn't that odd, for you, after all. :)

What's even funnier, is that it has become apparent that none of you bother to read other posts, before duplicating the info. :)
Click to expand...

What is truly funny is that you think Rana, Rootbeer or I give a fuck what you say about anything.
 
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