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Lawrence O'Donnell: Wall Street Figured Out That Income Inequality Is Bad for Wall Street


Business  (tags: USA, income inequality, Wall street )

Dave
- 133 days ago - rawstory.com
Now if we could just get the rest of the country to realize it and be willing to discuss this issue.....



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Comments

M Away M. (461)
Friday August 8, 2014, 12:53 am
Just caught this and had to save in my news! TU Dave.
 

Bill Eagle (31)
Friday August 8, 2014, 1:53 pm
Not only bad for Wall Street, but bad for our American concept of Democracy.
 

Jane H. (138)
Friday August 8, 2014, 2:56 pm
YEA!! How true How true---what took them so long??? Hooray!
 

Joanne Dixon (40)
Friday August 8, 2014, 4:15 pm
The hell you say. Oh, Standard & Poor. Well, I guess they have the smarts to see it. And I guess they have the guts to say it. But who there has the mojo to fight for it?
 

Lois Jordan (58)
Friday August 8, 2014, 4:18 pm
Noted. Thanks for posting, Dave. So, now the S&P states this. I believe it was several months ago now that the International Monetary Fund stated the same thing. Nothing changed. The greedy are so over-bloated that I think they have no hearing left; of course they really don't care anyway. I really hope things change, but I've gotten pretty cynical.
The 2010 documentary by Charles Ferguson, "Inside Job" is playing on cable now. It chronologically explains the events leading up to the 2008 "crash." Many, many people in the economic field worldwide warned the banksters for years previously.
Anyone who gets a chance should see it.
 

Mary Donnelly (47)
Saturday August 9, 2014, 12:15 am
Took a while didn't it?
 

june t. (66)
Saturday August 9, 2014, 1:21 am
so now what?
 

Greg K. (1)
Saturday August 9, 2014, 12:38 pm
If the fat guy eats all the pie and won't share, the chef quits making them. Even a CEO can understand this if you give them a lot of time and the money flow to them looks like it might slow.
 

Robert O. (12)
Wednesday August 13, 2014, 10:33 am
Wow, they just figured that out now? Not exactly the swiftest bunch (except when it comes to chasing a fast buck) are they? Thanks Dave.
 
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