3 Responses:

1. Buck in NM Says:
   June 11th, 2009 at 1:36 pm

   A comment from Pensions Perfect Storm.....DownSouth said...
   Gulling and milking the investor were taken as a matter of course, and the stock market was regarded as a kind of private casino for the rich in which the public laid the bets and the financial titans fixed the croupier's wheel. As to what would happen to the general run of bets under such an arrangement--well, that was the public's lookout, an attitude that might have been more commendable had not these same titans done everything in their power to entice the public to enter their preserve.
   ~
   --Robert L. Heilbroner, The Worldly Philosophers, from the chapter "The Savage Society of Thornstein Veblen"

   Do you want your SS in the stock market? Chrysler deal with Fiat paid $.29 per $1.00 for employees pension fund. People at end stage of life do not have the ability to start over. I am very scared for my 82 year old Mother who tells me that her money is in a "retirement account". Are the people who commit suicide after learning that their savings are gone after a lifetime of hard work and scrimping to save for the future some sharpy robs the bank legally actually murdered?

2. QuestionGirl Says:
   June 11th, 2009 at 2:29 pm

   Buck, I can't tell you how many people I know who have watched their 401ks all but disappear, including us. So many people who were on the verge of retirement are now going to have to work much longer. Thanks to the crooks on wall street who are still getting theirs. It's disgusting. I hope your Mom does ok. More people need to be held accountable for this shit storm. So far, I've read of ONE person being charged in all of wall street.

3. Around the State » Florida Progressive Coalition Blog - Says:
   June 12th, 2009 at 11:22 pm

   [...] Blue Herald: News Roundup 06/11/09 [...]

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