Saturday, November 01, 2008

WALL STREET GREED









WALL STREET GREED HITS A NEW HIGH OR LOW, DEPENDING ON HOW YOU LOOK AT IT! CAN YOU BELIEVE THAT THE NINE BANKS THAT JUST RECEIVED $125 BILLION DOLLARS FROM THE FEDERAL GOVERNMENT AKA YOU AND ME (THE TAXPAYERS) ARE PLANNING TO DOLE OUT BONUSES OF APPROXIMATELY $40 BILLION!!



GOLDMAN SACHS, MORGAN STANLEY & MERRILL LYNCH ALONE HAVE SET ASIDE $20 BILLION FOR BONUSES! WHAT? THESE THREE WALL STREET LOSERS CLAIM THAT THEY WILL LOSE THERE TOP TALENT IF THEY DON'T PAY BONUSES! WHAT? WHAT? THEY CLAIM THAT THESE PEOPLE WILL LEAVE AND START THERE OWN HEDGE FUNDS OR BECOME CEOS! WHAT? WHAT WHAT?



EXXONMOBILE REPORTED THE HIGHEST EARNINGS FOR ANY COMPANY, FOR ANY QUARTER IN THE ENTIRE KNOWN UNIVERSE, OVER $15 BILLION.


THE US GOVERNMENT HAS SPENT ALMOST A TRILLION DOLLARS ON THE WAR IN IRAQ? THAT IS ONE TRILLION IN TAXPAYER MONEY.



THE AVERAGE MIDDLE CLASS US CITIZEN HAS SEEN THEIR PAY/EARNINGS STAGNATE OVER THE PAST 7 YEARS AND THEIR 401K RETIREMENTS SAVINGS REDUCED BY AN AVERAGE OF 30% OVER THE LAST 6 MONTHS.


THE CHINESE HAVE A SAYING FOR ALL THIS......


SOM TING WONG!!!!!

1 comment:

Denier said...

All good points. But what about Joe the Plumber?