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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (103138)	10/20/2011 10:20:18 AM
From: RetiredNow	Read Replies (2) \| Respond to of 149317

Exactly, Chinu. I feel much the same about the financial industry. Many people claim that if we don't bail out the banks and let them pay themselves hundreds of millions of dollars, then all the bright minds in the industry will leave for other jobs. Well, I want for that to happen. We need those bright minds creating the next Cisco, Google, Amazon, or Apple, not engaged in figuring out the latest way to efficiently strip assets from the 99% of Americans to the top 1%. I say make banking boring as hell and underpaid. Make it so that it is a low margin 9-5 business. Then let the free markets push capital and brain power to industries that have made America great in the past and will make America great again. Pushing money from the left hand to the right hand accomplishes nothing. It is a zero sum game, as you say. We need to increase the pie and that means real productive enterprise. NOT BANKING and not financialization of this country's economy.