Posts Tagged campaign finance
Neither the politicians nor the bankers nor the corporations get it. They don’t understand. They have no idea.
Their feet are so far off the ground with their heads in the clouds, they are all so far divorced from reality and cannot see what the problem is.
Occupy Wall Street can, that’s why they are there, occupying Wall Street.
I just read this on BBC News:
“Presidential hopeful Mitt Romney has raised $14m (£9m) for his campaign in the third quarter, close to the $17m raised by Texas Governor Rick Perry.
Both have around $15m cash in hand, but their fundraising totals for the third quarter were dwarfed by President Barack Obama’s $70m in the same period.”
THIS TYPE OF THING IS THE PROBLEM!
Where did this money come from? Did it grow on trees? Did God send it? Have the Feds’ printing presses been busy again?
This money is obscene. The source will probably never be known… truthfully. If this money has come from corporate America, then it is a disgusting example of buying the next president to do their corporate bidding for them so they get richer and richer at the expense of the 99%.
A Clear Demonstration
In Private, Wall St. Bankers Dismiss Protesters as Unsophisticated
Publicly, bankers say they understand the anger at Wall Street — but believe they are misunderstood by the protesters camped on their doorstep.
But when they speak privately, it is often a different story.
“Most people view it as a ragtag group looking for sex, drugs and rock ’n’ roll,” said one top hedge fund manager.
“It’s not a middle-class uprising,” adds another veteran bank executive. “It’s fringe groups. It’s people who have the time to do this.”
As the Occupy Wall Street demonstrations have grown and spread to other cities, an open question is: Do the bankers get it? Their different worldview speaks volumes about the wide chasms that have opened over who is to blame for the continuing economic malaise and what is best for the country.
Some on Wall Street viewed the protesters with disdain, and a degree of caution, as hundreds marched through the financial district on Friday. Others say they feel their pain, but are befuddled about what they are supposed to do to ease it. A few even feel personally attacked, and say the Occupy Wall Street protesters who have been in Zuccotti Park for weeks are just bitter about their own economic fate and looking for an easy target. If anything, they say, people should show some gratitude.
Read the rest of this pathetic story on New York Times.
None of the people who are the problem have any idea that they are the problem; from bankers, Wall Street, CEOs, corporations right up to the president of the USA and ALL those in congress have an iota of an idea. They are so morally corrupt that all they can do is ask, a plaintiff why? Shake their heads and keep doing the same thing.
Another example from the NYT:
He (a fund manager) added that he was disappointed that members of Congress from New York, especially Senator Charles E. Schumer and Senator Kirsten Gillibrand, had not come out swinging for an industry that donates heavily to their campaigns. “They need to understand who their constituency is,” he said.
Blatantly admitting they have BROUGHT at least two senators. Those two senators should be in jail, but nooooooo…. they sit in congress and decide whose life to ruin next.
More from the NYT:
Similarly, executives keep getting generous payouts when they leave. Just last week, Bank of America disclosed it was paying a total of $11 million in severance to two executives forced out in a management reshuffle, Sallie Krawcheck and Joe Price, even as the company said it would begin laying off roughly 30,000 employees over the next few years.
$11 million in severance! And where are the jobs? Noooo. they are laying off 30,000. So much for job creation.
“There is a view that it will be a lot of sound and fury signifying nothing,” said one financial industry official.
But no more, go and read it for yourself on the above link.
The upshot is THEY don’t understand and they will be taken to the gallows, perplexed, asking, “What did I do?”