Anyday now they’ll start calling us angry

When the pampered Wall Street CEO class nuked the economy, shown by the red-colored needle shaped drop in corporate profits just before 2010, it was US wage earners who rode to their rescue, securing their multimillion dollar bonuses and cushy jobs. The same working middle class whose wages shown in blue never recovered. At first the CEO class strutted around and scolding us for taking on the debt to save them [Read more...]

Ethan Rome takes the wood to spoiled CEOs

Let’s say you’re a pampered CEO making millions, and you create the most toxic debt known to mankind, debt so poisonous it blows up and crashes the entire US economy, throwing millions of taxpayers like me into the snapping jaws of unemployment and misery. Then tax payers like me bail your rich ass out to the tune of a trillion bucks securing your multi-million dollar bonuses and luxurious retirement. How would you reward those taxpayers? If you’re a Wall Street investment banker, you scold us over the national debt and tell us we must sacrifice more: [Read more...]

Buffet brings the wood to Republican apologists for zillionaires

It remains to be seen what kind of deal Obama will be able to wrestle out of the House this year or next, but in the meantime billionaire investor Warren Buffet paddles the spoiled rich with a vengeance in the NYT. Billmon follows up with up a salient point where upon the GOP toys with throwing their mildly affluent base under the bus in favor of Kochwhores. First an excerpt from Buffet’s op-ed, which I highly recommend should be read in its entirety, titled Stop Coddling the Super Rich: [Read more...]