Icon Re: Wall Street
R
rosskolnikov (view)

In my view, they need to focus down in on something. If their target is bankers, they need to look at predatory lending and forclosure. If their target is Wall Street, they need to look at a system that seems to ensure that the "money movers" always get paid, whether or not they do adequate work. (And that they seem to get paid too much for doing too little). If their target is corporations, they need to look at how 1990's incentive pay ballooned into ever-widening executive pay gaps.

And their desire to rope in missives about corporate pollution is just asinine. For all its faults, does anyone think that BP was covering up the oil spill last year? Hell, they had a press conference almost every day for awhile.

Bottom line is that turning peoples' ingenuity into concrete results usually requires time. Time means money. Wall Street plays a pivotal role in allocating money where it's deserved, and that means keeping pressure on to turn a profit. These folks who enjoy the benefits of living in a "developed" nation ought to ask themselves how it became so. Then pick some specific malfeasance, protest away, and get some appropriate changes made.

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Just back from Turkey, by the way. Was a very interesting visit. Different from any other Muslim- majority nation I've ever visited.

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.:RS:.
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