BoatBanter.com - View Single Post - GOP and wall street fight financial regulations

Canuck57[_9_]

On 26/04/2010 9:57 AM, hk wrote:
On 4/26/10 11:42 AM, wrote:
On Mon, 26 Apr 2010 04:43:57 -0400, wrote:

On Sun, 25 Apr 2010 22:57:04 -0400, wrote:

On Sun, 25 Apr 2010 21:48:19 -0400, wrote:

On Sun, 25 Apr 2010 21:35:57 -0400, wrote:

BP doesn't understand, half his 401k profits were taken before he
ever
even saw them by fund managers who churned the holdings to increase
fees.

so you say.

any other fairy tales you want to spin? you're not doing so well with
this one.

desperation is a poor motive for your type of myth

Do you even have a clue about what your 401k managers are charging
you?
Hint, it is not on your statement.

do you even have a clue what's happening to the american middle class?

The ones who know how to play the game are doing OK. The ones who
trust their banker/broker to take good care of them are getting their
ass handed to them.

You're really oversimplifying here, my friend. There are tens of
millions of Americans who are suffering as a result of the Bush Deep
Recession, and most of them were not "involved" in any significant way
with bankers or brokers. To paraphrase Woodie Guthrie, they've been
tractored out of their jobs, and for many there will never be a job as
good as the one corporate management lost for them.

I wouldn't be surprised if there were a massive social upheaval in this
country, and I don't mean by the soft-brained teabaggers, but by
formerly middle class Americans who have been ****ed out of their jobs,
their homes, their health insurance, the college education for their
children and their retirement. And who should be the target of their
wrath? The pols, the wall street bankers and brokers, the insurance
companies, and the corporate managers, all of whom are driven by greed.

This probably won't happen in my lifetime...but it is coming.

Funny how unemployement looked pretty good until 6-10 months after the
2006 democratic congress.

--
Socialism and statism are great as long as someone else pays for it.