Why are people not more angry at Wall Street?

[Darius11 12]

Is it just me, but after hearing about yet another Wall street bank bonus my mind went to red. This is directly the result of our tax money that was given to them, oh that's the same money they pay no interest on but charge me and you 30%.

Where are the mobs of people? I surprised that there is not thousands of people on wall street with their guns and signs that say " take the bonus we will take your lives".


Maybe i am more violent then most but i am blown away that we are just grabbing our ankles and saying thank you cum again.

I'd rather be hated for who I am, than loved for who I am not." - Kurt Cobain

[rehmwa 2]

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Maybe i am more violent then most

I tend to stay neutral towards paved surfaces

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Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

[quade 4]

Really? How do you feel about The White House and Capitol Hill?

quade -
The World's Most Boring Skydiver

[kallend 2,027]

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Is it just me, but after hearing about yet another Wall street bank bonus my mind went to red. This is directly the result of our tax money that was given to them, oh that's the same money they pay no interest on but charge me and you 30%.

Where are the mobs of people? I surprised that there is not thousands of people on wall street with their guns and signs that say " take the bonus we will take your lives".


Maybe i am more violent then most but i am blown away that we are just grabbing our ankles and saying thank you cum again.

Apparently Ben Bernanke made $46Billion for his bank. He got no bonus at all, and a salary less than $200K.

There is NO justification for the Wall St folks who put the nation into a recession by their incompetent greed to be paid more than Bernanke.

...

The only sure way to survive a canopy collision is not to have one.

[rushmc 23]

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Is it just me, but after hearing about yet another Wall street bank bonus my mind went to red. This is directly the result of our tax money that was given to them, oh that's the same money they pay no interest on but charge me and you 30%.

Where are the mobs of people? I surprised that there is not thousands of people on wall street with their guns and signs that say " take the bonus we will take your lives".


Maybe i am more violent then most but i am blown away that we are just grabbing our ankles and saying thank you cum again.

Why them?

Most of the tools they have developed were because of regulation not inspite of it.

and it is none of our business how they run the business or pay their people unles they are using gov money.

Get the green off my friend because someone will always be making more or have more than you or I ever will have.

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[wmw999 2,446]

In this case, many of them are, in fact, using government money. Not directly, but the benefit of the bailout, and the cheap money that they got last year, enabled some of the massive profits.

Wendy P.

There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown)

[rehmwa 2]

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Really? How do you feel about The White House and Capitol Hill?

I'd like them painted stripedy. And add some lighting bolts.

It would make them look fast.

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Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

[CanuckInUSA 0]

I don't know ... what are you proposing?

Civil Unrest?
Anarchy?
something else?

Maybe people realize that while corporations are far from perfect they still allow people to earn a living if they put a little effort into their careers? Capitalism is far from perfect. It has it's winners and losers. Businesses are not in business to employ people. Businesses are in business to make money. I know this makes leftists and marxists extremely angry. But since when have leftists and marxists ever been concerned about their work ethic. What is the alternative? An end to the free markets, an end to Capitalism and a rise of Global Communism?

I value my personal sovereignty. While I acknowledge the greed of Wall Street, I find Wall Street far less offensive than the alternative where the government tells me what I do for a living, tells me where I live, where I can travel, etc, etc, etc.

Now the Federal Reserve is a different can of worms.
The Bilderberg Group is out to mess all of us over.
but it will likely effect future generations more than the present.

Try not to worry about the things you have no control over

[wmw999 2,446]

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greed of Wall Street
...
government tells me what I do for a living, tells me where I live, where I can travel, etc

And there's absolutely no room between those two, either, is there?

Wendy P.

There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown)

[Darius11 12]

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and it is none of our business how they run the business or pay their people unles they are using gov money.

They are. Goverment money which is our money.

I'd rather be hated for who I am, than loved for who I am not." - Kurt Cobain

[rehmwa 2]

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greed of Wall Street
...
government tells me what I do for a living, tells me where I live, where I can travel, etc

And there's absolutely no room between those two, either, is there?

Wendy P.

we are in between, the question is which direction do we absolutely not want to slide towards.

did you know Mayor Blomberg wants to control people's salt intake?

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Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

[rushmc 23]

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and it is none of our business how they run the business or pay their people unles they are using gov money.

They are. Goverment money which is our money.

As I understand it, the companies issuing the cash to execs did not take any bail out or paid it back.

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[Darius11 12]

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Civil Unrest?
Anarchy?
something else?

Whatever it takes.

I just wonder when will it be enough?

Take our money, lend it out to us for a profit, Let greed take huge risks that we pay for, then they use our money to get 6, 7 figure bonuses.

How many lives have they ruined?

I just want the persons whom set the fire to burn, right now there the few who are not burning and we keep giving them more fuel and saying thank you fuck us again.

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Maybe people realize that while corporations are far from perfect they still allow people to earn a living if they put a little effort into their careers? Capitalism is far from perfect. It has it's winners and losers. Businesses are not in business to employ people. Businesses are in business to make money. I know this makes leftists and marxists extremely angry. But since when have leftists and marxists ever been concerned about their work ethic. What is the alternative? An end to the free markets, an end to Capitalism and a rise of Global Communism?

I value my personal sovereignty. While I acknowledge the greed of Wall Street, I find Wall Street far less offensive than the alternative where the government tells me what I do for a living, tells me where I live, where I can travel, etc, etc, etc.

Now the Federal Reserve is a different can of worms.
The Bilderberg Group is out to mess all of us over.
but it will likely effect future generations more than the present.

Your missing the point by miles. I do't care if your rich and want to shit in a golden tiolet.

However i do think you shoukld pay for the risk you take and not others. Simple as that.

I'd rather be hated for who I am, than loved for who I am not." - Kurt Cobain

[rushmc 23]

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greed of Wall Street
...
government tells me what I do for a living, tells me where I live, where I can travel, etc

And there's absolutely no room between those two, either, is there?

Wendy P.

we are in between, the question is which direction do we absolutely not want to slide towards.

did you know Mayor Blomberg wants to control people's salt intake?

and one has to wonder if the HC bill being worked on is passed, what else will they strive to control under the guise of cost controls

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[wmw999 2,446]

While they might have paid it back, they benefitted hugely by getting the money when they did. If a short-term loan with really excellent terms was beneficial to them, maybe had they actually passed on the fucking wealth it would have been beneficial to others as well.

You know -- business loans and the like? Yeah, it's more work that way, but WTF are they supposed to be earning those bonuses for?

Wendy P.

There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown)

[rehmwa 2]

The US Capitol - with stripes, and lightning bolts

think about it

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Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

[CanuckInUSA 0]

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Take our money, lend it out to us for a profit

I don't view Wall Street and the Federal Reserve as the same entity.

Wall Street is where greedy brokers and greedy money market managers gather to trade things which often have little to bear on whether a company is poorly run or if they run a tight ship. What happens on Wall Street often does not make sense on main street.

The Federal Reserve are the ones who are taking your money and turning around and lending it back to you for their profit. The Bilderberg Group is out to make us all their slaves. I total support the idea of reforming "The Fed" ... but will the Bilderberg Group allow this? They have something lucrative and they will not give it up without a fight.

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I do't care if your rich and want to shit in a golden tiolet.

I am assuming you are not directing this to me personally. I assure you I am not rich (at least not Wall Street rich) and I am not poor. I am somewhere in the middle and I am just lucky enough that I purchased a house before the markets took off and was lucky enough that through hard work working for corporations, my debt is fairly low compared to the average Joe out there.

I shit on porcelain not gold.

Try not to worry about the things you have no control over

[rushmc 23]

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While they might have paid it back, they benefitted hugely by getting the money when they did. If a short-term loan with really excellent terms was beneficial to them, maybe had they actually passed on the fucking wealth it would have been beneficial to others as well.

You know -- business loans and the like? Yeah, it's more work that way, but WTF are they supposed to be earning those bonuses for?

Wendy P.

I understand the questions Wendy but where do you draw the line?


I am not even going to take the time to wonder if I should be mad or not about it because what the hell could I do either way?

If the gov can control their wages now, they can control yours and mine tomorrow

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[rehmwa 2]

I'm all for gold fixtures,

but what I really want to know, is what a "tiolet" is, and whether or not it has stripes

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Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

[billvon 2,991]

>Where are the mobs of people?

At least half of them are counting the money they made through investing on Wall Street over the past six months or so, so don't expect too many of them to want to kill that particular goose.

[Andy9o8 2]

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but what I really want to know, is what a "tiolet" is

I'd like to know that, too.

[Darius11 12]

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I am assuming you are not directing this to me personally.

Not at all my friend. And if yu were rich that does not make you evil in my book. A lot of rich people worked hard or were very smart nd some were just lucky i don't care. When i do care is when they take my money without asking me and they want me to cover their ass for the risks they took.

I'd rather be hated for who I am, than loved for who I am not." - Kurt Cobain

[Darius11 12]

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but what I really want to know, is what a "tiolet" is

I'd like to know that, too.

LOL i hate you guys.

I can not spell and yes i am so bad at it that i will spell a word corect but it will not be the word i meant.

HATE YOU GUYS (cartmens voice)

I'd rather be hated for who I am, than loved for who I am not." - Kurt Cobain

[lawrocket 3]

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While they might have paid it back, they benefitted hugely by getting the money when they did.

Much as anybody who was given a home loan in 2000 benefitted greatly from it. That's what loans are - money provided under certain terms. If I get a $100k loan and turn it into a $10 million payoff, I don't think that the bank should be allowed to say, "Hey. We want $5 million now. Our money benefitted you way more than we thought."

Ironic - it appears that the government is upset that this money actually did what it was supposed to do. "We didn't think that the banks would make so much money from this!"

Of course, AIG and Big Auto - they still suck. Why not penalize them for their inability to actually do anything useful? Oh, yeah. UAW needs more money coming in. $120 billion from the banks would be great.

My wife is hotter than your wife.

[kelpdiver 2]

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Your missing the point by miles. I do't care if your rich and want to shit in a golden tiolet.

However i do think you shoukld pay for the risk you take and not others. Simple as that.

So who exactly are you pointing at there? Government money makes up for a lot of failed risk taking.

Your (and others) anger seems broadly based, without merit. Like those who bitch and moan about pitchers making $20M for the Yankees. If you object to TARP's terms, you should be angry at your government, not the banks who took (at the threat of virtual gunpoint) some capital and then returned it as soon as they could.

Banks are the most capitalistic of businesses. They're going to act in their interest. You shouldn't be shocked to see them actually doing so. Bonuses are paid to retain people. Finance outfits tend to work rather hard, under high stress, as mistakes or downtime costs real money. The key fix to make, to make bonus pay focused beyond one year results, is the key improvement they should make.

As for complaints that they didn't lend out the money they were given, again look to your government, who also (likely wisely) wanted to enforce a higher requirement for cash reserves. A lot of firms were also worried about these calculations that were to be done last year to confirm minimum liquidity requirements. These might have come with government intervention, discouraging firms for letting free any capital they had. The Feds' heavyhandedness encouraged this behavior.