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Banksters call Obama a socialist
AMERICAblog News| A great nation deserves the truth —
Oh the irony. There's socialism, no doubt, but it's socialism for the high income earners on Wall Street. What other industry can be rescued from total failure and still pay out $18 BILLION in bonus money? Look in the mirror, Wall Street. ...
Banker of the Day
Corrente —
Wall Street: "Hands off our entitlements!":
Meanwhile, around the corner, Larry Meyers and Gerard Novello, who work for an Italian securities firm, ducked into a Mexican cantina for a drink. It was Mr. Meyers’s 43rd birthday, and he ordered the tequila.
“On Main Street, ‘bonus’ sounds like a gift,” he said. “But it’s part of the compensation structure of Wall Street. Say I’m a banker and I created $30 million. I should get a part of that.”
Er, no. Clue stick, Larry: Read more… ...
Wall Street: Give us our bonuses, you socialists!
Daily Kos —
... On Wall Street these days, being denied bonuses when you've lost money for your clients and shareholders (now taxpayers, of course) is ... socialism: ...
And what if you don't create wealth?
Daily Kos —
SusanG's had a piece earlier about how Wall Street regards capping bonuses as socialism. And it is. But so's the bailout. But I just had to comment on this quote from the NYT article she was writing about: "On Main Street, ‘bonus’ sounds like a gift," he said. "But it’s part of the compensation structure of Wall Street. Say I’m a banker and I created $30 million. I should get a part of that." So, say you're a banker and you flushed $30 million down the toilet, which is the actual scenario we're ...
