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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.38+2.7%Nov 10 4:00 PM EST
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To: Metacomet who wrote (81140)10/10/2011 5:45:41 PM
From: Maurice Winn2 Recommendations  Read Replies (2) of 217670
 
MC, the OWC mob is on the wrong street. Their complaint is rightly with the politicians who doled out public money to their favoured friends on "Wall Street". It is silly to blame those supplicants willing to receive said loot. It's a good bet that you are a recipient of public money too. Very few recipients of such loot say "Oh, don't give me so much public money, I get more than enough pay already." On the contrary, they try every trick in the book to get their share of the loot higher. For example, working very long hours in the last year and doing shenanigans with holiday pay to get the pension bigger [based on the last year's pay].

It's a good bet that "public servants" are getting mountains more loot than the Wall Streeters ever have.

The OWC should go and gather on the White House lawn to protest their hard-earned money [the few of them who earn money] being doshed out to Wall Street. Or on camp on the steps of Congress. There is a lot more campground space in downtown Washington too.

I'm with you and OWC that public money should not be doled out to umpty$millionaire bankers. But the place to stop it is where the money comes from, not where it goes to.

It seems that the main motivating force of OWC is good old-fashioned green-eyed envy. Greed and envy, the root of all evil.

Mqurice

PS: Feel free to recommend this post. I have recommended yours. Thank you to my normal team of recommenders. You are heroes!! Go team.
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