Most people would have
little difficulty getting by on $200,000 a year. Most people who had badly messed up on their job and put their employer in bankruptcy would be absolutely delighted to find themselves still earning $200,000 a year.
'I was in this game for the money," wrote
Andrew Lahde, a hedge fund manager, in a letter to the Financial Times last year as the global economy went into meltdown.
A massive rally in Chicago next week aims to express public displeasure with the massive bank bailout outside the American Bank Association annual meeting. Protesters will converge at 11:30 on Monday, October 26, at 301 North Water Street, where the meeting is taking place.
Friends,
It's the #1 question I'm constantly asked after people see my movie: "OK -- so NOW what can I DO?!"
You want something to do? Well, you've come to the right place!
'Cause I got 15 things you and I can do right now to fight back and try
to fix this very broken system.
Here they are:
FIVE THINGS WE DEMAND THE PRESIDENT AND CONGRESS DO IMMEDIATELY:
It was the best of times, it was the worst of times. O.K., maybe not literally the worst, but definitely bad. And the contrast between the immense good fortune of a few and the continuing suffering of all too many boded ill for the future.
I’m talking, of course, about the state of the banks.
The lucky few garnered most of the headlines, as many reacted with fury to the spectacle of Goldman Sachs making record profits and paying huge bonuses even as the rest of America, the victim of a slump made on Wall Street, continues to bleed jobs.
The credit crunch is getting worse on Main Street, despite a Wall
Street bailout now in the trillions of dollars. The Federal Reserve's charts
show that "base money" is rapidly expanding—meaning coins, paper money,
and commercial banks' reserves with the central bank.
