Saturday, February 26, 2011

"A Banking Banana Republic": Wall Street's Record $130 Billion Bonus, FCIC Report - Michael Lewis & Dylan Ratigan

Video - Dylan Ratigan with Michael Lewis - Feb. 2, 2011

The real unemployment rate hovers above 22%, new job creation is stagnant, but Wall Street pay is up 5.7% this year to $130 billion.

All thanks to you, Mr. and Mrs. Taxpayer.

Michael Lewis and Dylan Ratigan wonder why taxpayer outrage seems to have dissipated so quickly. Has it really? Wisconsin doesn't happen without the residual, underlying, seething anger from the Wall Street bailouts. It's a hell of a lot easier now to stand up and so no f^^^ing way when you can point to a group of unappreciative fatcat bastards, living high on your hog.

Further reading...

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