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RicodJour[_2_] RicodJour[_2_] is offline
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Default OT Wall street occupation.

On Oct 18, 11:01*pm, wrote:

They were trying to stimulate the economy and what is forgotten here
is the guy who sold the land made money, the builder made money, all
of the contractors made money, everyone in the building supply chain
made money, the real estate broker made money and the mortgage broker
made money. That is a lot of money moving around. It wasn't just Wall
Street. All Wall Street did was create the money in the first place.
The losers were the last person to own the house and the people who
held the loans when the music stopped. The derivative holders were
made whole by TARP and everyone involved in the house before the crash
took their money and ran.


....and did what? Hid it in their mattresses?

I view it as little different than drug dealing. An unsustainable
business model that appears to be #winning for a while, but can't
last.

As long as corporations are considered to be people and have the same
rights, and campaign contributions pour in from business - again, akin
to protection money - it will be bad business as usual. A campaign
contribution is a bribe, pure and simple, regardless of where it comes
from.

My next windmill to tilt at will be the free advertising that
politicians get to stick up and pollute the landscape as election time
rolls around, as if political office should be a popularity contest
based on brand recognition. Time to shake some cages...

R