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The vast majority of "wall street's" corruption is its relationship to the rent seeking opportunities that the US government makes available for them. And what'
by kolbe 10y ago
The vast majority of "wall street's" corruption is its relationship to the rent seeking opportunities that the US government makes available for them. And what's hilarious is that its the same bleeding heart liberals who demand things like the government provide low interest home loans who are shocked and outraged to learn that "wall street" commits "frauds" around them (i.e. bankers are doing what they're asked to, and when it blows up in the government's face, get scapegoated).
- cowpig 10y agoYou've used a lot of incendiary language here but I am struggling to find a concrete point. What rent seeking opportunities? Who are "bleeding heart liberals" and what "demands" are you talking about? What fraud are you talking about specifically? Who was scapegoated? What should have happened, in your view?
- deleted 10y ago[deleted]