I Think I Figured Out the Bankers' Attitudes
All the fuckers who gambled billions on credit default swaps based on shakey mortgages-- I bet they feel ENTITLED TO GETTING BAILED OUT because they FEEL THEY DID NO WRONG. It's not their fault those mortgages went bad! It all those losers, who defaulted on their loans-- that was the problem. Not their heavily over-leveraged financial transactions. That was never the problem. In fact, I bet they think the government OWES them the money because the government was part of the problem with helping to push all those iffy loans in the first place. Yes, this is the basic wingnut attitide.)
I'm guessing this is how they rationalize it-- that is, the few of them who aren't outright criminals!
I'm guessing this is how they rationalize it-- that is, the few of them who aren't outright criminals!
posted by spooked at 9:11 PM
1 Comments:
They were not over-leveraged if you consider their own private bank/stock accounts, the collateral. And accounts should have been settled from those, and still should, rather than by the poor fool who only has congress to speak for them.
But they voted 95 percent of them back in.
But we note that local TV news/local newspapers are almost dead, and cable is growing like a fungus. The PTB dream. All the news that's fit to spit, in one basket.
http://pewresearch.org/pubs/1151/state-of-the-news-media-2009
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