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Just change the name to 'Coliseum', add lions and undesirables and be done with the 'it's all just a game' charade.
I see pitchforks.
At the same time that people like you and me are thriving beyond the dreams of any plutocrats in history, the rest of the country—the 99.99 percent—is lagging far behind. The divide between the haves and have-nots is getting worse really, really fast. In 1980, the top 1 percent controlled about 8 percent of U.S. national income. The bottom 50 percent shared about 18 percent. Today the top 1 percent share about 20 percent; the bottom 50 percent, just 12 percent.
Here’s what I say to you: You’re living in a dream world. What everyone wants to believe is that when things reach a tipping point and go from being merely crappy for the masses to dangerous and socially destabilizing, that we’re somehow going to know about that shift ahead of time. Any student of history knows that’s not the way it happens. Revolutions, like bankruptcies, come gradually, and then suddenly. One day, somebody sets himself on fire, then thousands of people are in the streets, and before you know it, the country is burning. And then there’s no time for us to get to the airport and jump on our Gulfstream Vs and fly to New Zealand. That’s the way it always happens. If inequality keeps rising as it has been, eventually it will happen. We will not be able to predict when, and it will be terrible—for everybody. But especially for us.
originally posted by: WanderingNomadd
a reply to: pl3bscheese
And 5 years after that it would be changed back. Corps control enough of governments to influence law making so we the people have less power than them to influence our "democracy" politically. regardless of where you live.
originally posted by: Astyanax
Would anyone like to discuss what was actually in the article?
it's still no protection from being rounded up and hung from the nearest lamppost!
But, is it really so difficult?
Cumulatively, how many million "offenders" have been jailed for drug crimes? I am guessing the answer is quite a few, yet the big banks, when shown to have been laundering hundreds of $Billions in drug money still get the Deferred Prosecution Agreement treatment, a slap on the wrist and no jail time for anyone.m
You also have the revolving door between these same banks and big corporations and the government agencies that are supposed to be there to regulate and prosecute transgressors. How can that ever work when those committing the crimes also get to regulate? It is a complete joke an affront to justice.
they are the ones in charge and should be held fully responsible when it's time to account for wrongdoing, the same as any individual is for a criminal act. How hard is that to understand?
Why didn't some government agency foresee that the banks were going to be in this position in 2004?
Isn't "too big to fail" just common sense triage for a world full of stagnant derailed economies?
Maybe we just need to give up on the idea of bond markets as safe investments?