Michael Lewis: 'There's a Real Chance There's Going to Be an Uprising Against Bankers

Discussion in 'Wall St. News' started by ByLoSellHi, Aug 23, 2009.

  1. This is the very reason these banks should have been allowed to fail.

    By rewarding these crooks inside these banks, Bush did the unforgivable treason of destroying the very foundations of capitalism.


    And those who screamed against the govt. taking over these banks are right alongside Bush. Anti-American maggots.



     
    #11     Aug 23, 2009
  2. if anyone is more "revolutionary minded" in the usa right now it's the tea party crowd. any they would be burning down other targets before banks IMO.
     
    #12     Aug 23, 2009
  3. The tea-party crowd are mis-guided illiterate foot soldiers of the republican elite.

    Which is identical to being the foot soldiers of the corpocracy that has infected DC.

    Much of the funding funneled into busing and housing these imbeciles around the country in their recent health care "protests" came from lobbyists with ties to big pharma and insurance.

    Using religious based push button rhetoric is the only way the republican elite / big corporations can continue to stay in power with votes from these mis-guided imbeciles.

    There is a reason why religious areas are rapidly devolving into cave man levels of education and all sorts of concerted regressive activity is focused in these areas such as more lead in the drinking water and more poison in school lunches.



     
    #13     Aug 23, 2009
  4. You will be surprised what the younger generations will do when they as a demographic have 20-30% unemployment. All that free time will go to something. I've seen it firsthand in Europe.
     
    #14     Aug 23, 2009
  5. If it can happen as the result of a sports team win or loss in a championship game, just imagine what the 18-40 year olds will do when food, shelter, etc. become scarce.

    Their rage will be focused on banks and Wall Street, particularly.

    Anyone here who thinks things aren't going to get dramatically worse in the U.S. or that their won't be violence as a result is not seeing the forest through the trees (or alleged "green shoots").
     
    #15     Aug 23, 2009

  6. no. this simply isnt going to happen.

    there is no anger anymore, the population has been pacified totally via TV, media, alchohol, sports, whatever.

    if this was not the case, the underclasses would have risen a long time ago.

    time to get with reality--you cannot compare the massive wealth now with any other time in history---

    best,

    surf


    ps. i like lewis and find him entertaining--but he is simply hyping himself. its good PR to make wild claims...
     
    #16     Aug 23, 2009
  7. Yeah, I want to say the gen y/zers are going to be more likely to just leave. I know of several y's who have left or are planning to leave.
     
    #17     Aug 23, 2009
  8. aegis

    aegis

    Are you kidding?

    What about those 20-30 year-olds who are finishing school and unable to find a job that pays a living wage?

    You think that they're going to put up with this shit forever? They may not appear to have the "initiative" to do something like this now, but they will if the situation doesn't improve soon.
     
    #18     Aug 23, 2009
  9. You may find you're viewing life through a bubble.

    Last year, the number of Americans with a net worth of at least $30 million dropped 24 percent, according to CapGemini and Merrill Lynch Wealth Management. Monthly income from stock dividends, which is concentrated among the affluent, has fallen more than 20 percent since last summer, the biggest such decline since the government began keeping records in 1959.

    http://www.elitetrader.com/vb/showthread.php?threadid=173828
     
    #19     Aug 23, 2009
  10. 'There's a Real Chance There's Going to Be an Uprising Against Bankers ??

    Nah, the "target" is too amorphous.
     
    #20     Aug 23, 2009