Saturday, October 8, 2011

Angry At the Right People

Filed under: Action! | Citizen Action — by Will Kirkland @ 7:05 am
Tags: ,

Paul Krugman, in the New York Times and across the ocean in the Herald Tribune:


There’s something happening here. What it is ain’t exactly clear, but we may, at long last, be seeing the rise of a popular movement that, unlike the Tea Party, is angry at the right people.

What can we say about the protests? First things first: The protesters’ indictment of Wall Street as a destructive force, economically and politically, is completely right…


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Then you can go on to Joe Nocera, also in the Times.

Revenge of the Gougers

30 years ago, banks themselves would have turned their backs on it. Of course, back then, banks viewed customers as people to be helped, not marks to be taken advantage of. …

…fundamentally, retail banking makes its money by gouging the have-nots.



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