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> there’s not enough work to go around, and what there is of it won’t pay the bills – unless of course you’ve landed a job as a drug dealer or a Wall Street ban
by scandox 10y ago
> there’s not enough work to go around, and what there is of it won’t pay the bills – unless of course you’ve landed a job as a drug dealer or a Wall Street banker, becoming a gangster either way.
This kind of lazy discourse from someone who has authored a whole book on the topic under discussion is remarkable.
- lnanek2 10y agoThe things he lists to justify calling Wall Street that are real, however: " When I see, for example, that you’re making millions by laundering drug-cartel money (HSBC), or pushing bad paper on mutual fund managers (AIG, Bear Stearns, Morgan Stanley, Citibank), or preying on low-income borrowers (Bank of America), or buying votes in Congress (all of the above) – just business as usual on Wall Street – while I’m barely making ends meet " So I wouldn't call it lazy when he flat out listed what they are doing to get put in that gangster category.
- bbcbasic 10y agoGlass houses. Monsanto. Mc Donalds. Uber. .... Not just wall street doing unethical stuff so why pick on them and call them gangsters?
- nico_h 10y agoMaybe because they made their money playing with imaginary numbers and caused huge amounts of harm to the economy and lots of people when it all blew up in their face?
- bbcbasic 10y agoAnd the harm obesity is causing? Arguably just as bad.
- nico_h 10y agoIn theory you could can alter your diet and exercise regimen (not easy but doable). Good luck getting a pension fund or a mortgage not affected by the stock markets these guys blew up.
- witty_username 10y agoThat is true of most fraud.
- cperciva 10y agoI'd say that it's disappointing, but not remarkable. Getting a book published doesn't mean nearly as much as it used to; publishers have much lower up-front costs, so they don't need to be as selective in who and what they publish.
- ZeroGravitas 10y ago"Yes, as through this world I've wandered I've seen lots of funny men; Some will rob you with a six-gun, And some with a fountain pen. And as through your life you travel, Yes, as through your life you roam, You won't never see an outlaw Drive a family from their home." -- Pretty Boy Floyd by Woody Guthrie
- kazagistar 10y agoThat quote might feel right, because first world people deal with first world problems. However, the vast number of Syrian refugees make that quote somewhat inapplicable to the current day.