Democrats, Wall Street breaking up

The Democratic Party's romance with Wall Street may finally be breaking up. In the past 10 days, a diverse group of Democratic senators scuttled Larry Summers's candidacy for Federal Reserve chair and New York Democrats voted for the mayoral candidate whose campaign was an attack on Michael Bloomberg's care and feeding of the super-rich at the ... (more) Full Story

Since: Sep 13

Location hidden

#1 Sep 17, 2013
Hopefully, all lawmakers are realizing that we can't just keep printing money! We've thrown billions at the banks promising not to stop until employment improved! So, the banks had NO real incentive to lend for jobs! In fact the incentive was to do the opposite! All we've done is to temporarily pump up Wall St. by bankrupting the currency! The super rich trickled down NOTHING and the middle class sank! It's time for real CHANGE! Exactly how worse could it have been for the average American had the banks never gotten bailed out from the crisis?!
amcummer

Saint Paul, MN

#2 Sep 17, 2013
Synde75 wrote:
Hopefully, all lawmakers are realizing that we can't just keep printing money! We've thrown billions at the banks promising not to stop until employment improved! So, the banks had NO real incentive to lend for jobs! In fact the incentive was to do the opposite! All we've done is to temporarily pump up Wall St. by bankrupting the currency! The super rich trickled down NOTHING and the middle class sank! It's time for real CHANGE! Exactly how worse could it have been for the average American had the banks never gotten bailed out from the crisis?!
There are some sign of trickles but the gushes right back is bigger and bigger to include the futures. There is no common senses on the land of high tech.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Banking Discussions

Title Updated Last By Comments
Why would Lori from Yucaipa be so Virulent? 13 min Lori Davidson 2
Massive cheating scandal at UNC involved athletes 23 min The Sad Life 1
It may come sooner than later... 35 min The Sad End 1
People donít like Republicans and they donít li... 3 hr Truth Revealed 1
Server to server transaction (Oct '13) 7 hr charity_help_needed 39
The headlines mean little when it comes to 2016 8 hr A Drop in the Buc... 1
Chill in Russia-Ukraine gas talks threatens Eur... 8 hr A Cold Winter 1

Banking People Search

Addresses and phone numbers for FREE