Originally Posted By ecdc <a href="http://www.tax.com/taxcom/taxblog.nsf/Permalink/CHAS-89LPZ9?OpenDocument" target="_blank">http://www.tax.com/taxcom/taxb...Document</a> They didn't. Total income fell 2.7 trillion dollars. There's no evidence that the wealthy spreads it around. Except Paris Hilton and STDs. But money, not so much.
Originally Posted By queenbee <a href="http://www.huffingtonpost.com/2010/09/25/wall-street-subprime-crisis_n_739294.html" target="_blank">http://www.huffingtonpost.com/...294.html</a> Another great article about what went on in the home mortgage market. Basically, Wall Street knew all along they were selling "lead" and calling it "gold" in front of investors. One man refers to the whole of the problem as the biggest fraud ever committed against the investing public.
Originally Posted By Sport Goofy There were plenty of people pointing this stuff out 5 years ago. This isn't really news.
Originally Posted By Rsey103 Let the wealthy spread it around, or not spread it around. It's their money. It's not mine. It's not yours. It's theirs.
Originally Posted By mawnck >>Let the wealthy spread it around, or not spread it around. It's their money. It's not mine. It's not yours. It's theirs.<< They stole it, and will continue to do so until we rein them in. Yes indeed, it IS class warfare. And they started it.
Originally Posted By fkurucz >>One man refers to the whole of the problem as the biggest fraud ever committed against the investing public.<< Of course we know that corporations, especially Wall St. are able to self regulate. Not.
Originally Posted By fkurucz >>They stole it, and will continue to do so until we rein them in. Yes indeed, it IS class warfare. And they started it.<, Yup, privatize the profits and socialize the losses (i.e stick it to the taxpayers). I wish I could get a deal like that. I wish I could borrow money from the Federal Reserve at 0% interest. But I can't, because some people are apparently more equal than others.
