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America Speaks, Will Wall Street and Washington Listen?

By Larry Doyle on December 13, 2009 at 7:45 AM in Banks, Current Affairs, Economy, Sense on Cents (Larry Doyle blog)

In terms of favorability ratings, Congress has almost always occupied the lowest rung on the ladder. Not that Congress is improving much, but Wall Street executives are currently viewed with the greatest disdain, as highlighted in a recent Bloomberg poll contained in the article, Bankers Lose to Congressmen Among Americans Furious Over Pay. This article and accompanying poll are captivating in terms of capturing the pulse of the country across a wide array of issues.

Is America angry? You bet it is. America realizes that Wall Street ran roughshod over America with regulators either negligent or complicit in the process. Bloomberg offers:

Devin O’Leary, 41, a film critic from Albuquerque, New Mexico, welcomed tougher oversight. “They’ve had little control up to now and if you give a big corporation little control, they’re going to do everything they can get away with.”

Who will hold Wall Street and Washington accountable? America is speaking. Is anyone listening? Will America be heard?

This poll touches on a host of critically important topics including health care, the economy, Wall Street bonuses, President Obama, and more. America is pissed off, in general, and not optimistic about our future. Should we be surprised?

For those who would like to capture a sense of America’s anger, I strongly recommend reviewing the Bloomberg poll:

Owllwoman

Wall street may be in the publics eye right now, but the same people should also take a look at the Gov. in Washington. Obama is growing the Gov. and wages of those employed by the Gov. at an alarming rate. We cannot criticize one with out looking into the other. And why pay Presidents as much as we do when we the taxpayer completly support the president and his family, and pay for all their needs? Just a thought on this fine Sunday morning.
http://jaybfl.blogspot.com/ jay

Could somebody tell me the difference between the two groups?
http://www.healthtime.co.il/health/2009/12/america-speaks-will-wall-street-and-washington-listen/ America Speaks, Will Wall Street and Washington Listen? | health

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Docelder

We have seen this before, it’s called corporatism. Ancient Greece, ancient Rome, pre-revolution France, 1930′s Italy and present day Russia did it. For some reason, this administration wants us there as well. We aren’t quite there, but the best of the best are on it. Notice the pattern though. It doesn’t work so well, and with the exception of present day Russia each failed miserably, ending the dream and the corresponding empires with it. Time will tell if this newest version can go global or fail. History says it will fail. So our option is hope for failure, else be assimilated by a global corporatist state. Neither is going to be pretty, but we can rebuild from failure.