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The memo also suggests that Democratic victories in 2012 should not be the ABA’s biggest concern. “… (T)he bigger concern,” the memo says, “should be that Republicans will no longer defend Wall Street companies.” The Wall Street parasite class has gotten so criminal that even Republicans can no longer defend them. Wall Street is [...] Zero Hedge Only a few days have passed since its release, and already the Mainstream Media has forgotten all about the Lehman Examiner Report, with barely an occasional mention. As the CJR points out, this unquestionably massive story of corruption and vice, is being covered up by powered interests controlling all the major news [...] FutureJacked weighs in on the potential for a firestorm started by perhaps deranged members of the financial sector should peasants with pitchforks start marching down Wall Street. Call them the anti-populists. Mass mood is darkening. Very intelligent men and women who lord over the nexus of finance that allows the division of labor that [...] Something quite extraordinary is happening. The mainstream, regular business people and moderates, are speaking out. They are furious about the corruption on Wall Street and death grip the banks have on DC. The banks won’t win this time. Quiet Coup. A former chief economist of the International Monetary Fund says the finance industry has [...] From Scott Adams, who does Dilbert You might have noticed that there are times, such as now, when the stock market is marching straight up and there is a suspicious lack of bad news. Oh, don’t get me wrong – there is plenty of bad news out there if the media wants to focus [...] John Robb The rapidity of the slide is due to the Wall Street bailout. Instead of punishment of the perps, we are getting bonuses. Instead of reform to prevent gambling, we get more of the same (even worse, it is being done with an explicit government backstop). Instead of relief for the middle class we [...] Teddy Roosevelt breaks up the trusts Simon Johnson, former IMF chief economist, says the relationship between Wall Street and DC is too cozy. Clusterstock interviews him about the “two-way money-and-power corridor now running between Washington and the modern oligarchs Wall Street.” Wall Street: “It’s Too Big, Too Powerful. It’s Dangerous” Simon argues that the [...] Obama: Wall Street ‘arrogance and greed’ won’t be tolerated Don’t recall hearing much of that during the Bush Administrations, do you? |  | ||||
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