Tue Dec 11, 2012, 09:35 PM
ProSense (116,464 posts)
What Third Way, Wall Street FAIL looks like
What the millionaires want versus what the voters want
Pic Of The Moment: Why Congressional Republicans Are Screwed, In One Chart
Wall Street’s Bad Investment Decision
There are many lists now circulating of the biggest winners and losers from the election; oddly, however, none of the lists I’ve seen mentions just how bad this result is for Wall Street’s Masters of the Universe.
The story, as you may recall, is that the financial industry — having brought both itself and the rest of the world to the edge of disaster — was bailed out by taxpayers. Yet far from being grateful, top financial types were furious at Obama for occasionally hinting that some of them might have misbehaved a bit. And investment bankers — who normally lean Democratic — went overwhelmingly to the other side, pouring cash into Mitt Romney’s coffers in the no doubt correct expectation that a Romney administration would dismantle financial reform and treat their wealth with the adulation they believe to be their birthright.
But Romney lost and Obama won. The limits of their power have been cruelly exposed, and the reelected president now owes them nothing. Did I mention that Elizabeth Warren is going to the Senate — a Senate that will be substantially more progressive and less Wall Street friendly than before?
Bad move, guys.
10 replies, 1304 views
Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
What Third Way, Wall Street FAIL looks like (Original post)
|Cooley Hurd||Dec 2012||#2|
|Egalitarian Thug||Dec 2012||#8|
Response to ProSense (Reply #4)
Wed Dec 12, 2012, 01:08 AM
freshwest (53,654 posts)
7. Breaking!!! It has been five weeks since President Obama kicked Mitt Romney's ass!
Last edited Thu Dec 20, 2012, 02:41 PM - Edit history (1)
Also, don't forget why those unhappy folks lost:
My Ten Favorite Kinds of Right-Wing Temper Tantrums
I remember how I felt when George W. Bush was reelected in 2004—that pit of absolute unthinkable, desparate despair—and so I guess I should have a little more sympathy for the 150 Million Waaahmbulances of the Apocalypse currently flailing all over Twitter. And, beyond that, I should probably be sad about the overt racism of our conservative youngsters and frightened at the gun-nuttiness of our gun nuts.
However. At least for right now, I AM NOT. I am just 99% completely fucking delighted by every single weepy right-wing temper tantrum. I can't stop hate-reading. I can't stop. And you know what?
I don't need to stop. It's not like this was some arbitrary election for Homecoming Court—where we were choosing between Mitt Romney's totally on-trend bangs and Barack Obama's ability to pull off a structured blazer.
The party that my team defeated on Tuesday was a nebulous, fiscally disastrous pitchfork mob—united by racism, xenophobia, self-interest, willful ignorance, hatred of the poor, and a puritanical desire to deny my gay friends their civil rights and me, PERSONALLY, equal access to health care and basic humanity.
That's about as ungracious as it gets. So fuck being gracious.