KARTer 2nd Gear October 18, 2011 Share October 18, 2011 (edited) Quote from TODAY 18 Oct 2011 Wall Street loses its immunity AS the Occupy Wall Street movement continues to grow, the response from the movement Edited October 18, 2011 by KARTer ↡ Advertisement Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear October 18, 2011 Share October 18, 2011 Quote from TODAY 18 Oct 2011 Wall Street loses its immunity AS the Occupy Wall Street movement continues to grow, the response from the movement Link to post Share on other sites More sharing options...
KARTer 2nd Gear October 18, 2011 Author Share October 18, 2011 (edited) I am a layman. I believe to qualify for the demanding compensation, some of the 'professionals' need to perform some 'magic' some also called them investments or financial management for their respective employers. Some others, perhaps also laymen or 'professionals', then had to 'authorise' the methods/products. To a layman. I call these gambling (can be over the phone/online). When a few too many 'professionals' went overboard with such gambling, there must be some losers who may not be among them. The law-abiding, taxpayers are the bulk of the victims/losers. I believe the protesters can be the non-law-abiding taxpayers, only when they protest. Otherwise, they are all law-abiding tax-payers? Any other ideas to share? In the past maybe 4-5 decades, lots of top brians (not necessary with 'top' integrity) from top universities have chosen to work in the finance industry (where the obscenely big money is) instead of technology / manufacture / education / health / humanity etc fields. These top brains are super smart people who devise schemes after schemes to accumulate wealth (mainly for themselves and scratching each others' back) at the expense of others. CEOs lose investors' money big time, and make others bankrupt, yet get away almost scot free and still collect big 'departure' money. They rule the politicians. Edited October 18, 2011 by KARTer Link to post Share on other sites More sharing options...
Jasonjst 3rd Gear October 18, 2011 Share October 18, 2011 Quote from TODAY 18 Oct 2011 Wall Street loses its immunity AS the Occupy Wall Street movement continues to grow, the response from the movement Link to post Share on other sites More sharing options...
Mockngbrd Supersonic October 18, 2011 Share October 18, 2011 wait banner come in and scold you all Link to post Share on other sites More sharing options...
Sabbie Clutched October 18, 2011 Share October 18, 2011 too big to fail? Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear October 18, 2011 Share October 18, 2011 too big to fail? Quite observant of you. If the two banks where most of our money kept gone bust. We also gone bust. Need to repeatedly bail them out to save ourselves. Link to post Share on other sites More sharing options...
Sabbie Clutched October 18, 2011 Share October 18, 2011 Quite observant of you. If the two banks where most of our money kept gone bust. We also gone bust. Need to repeatedly bail them out to save ourselves. I think the bail out helped to avoid a prolonged depression but the root of the problems are not solved....will take a long time to resolve..... yet property prices in singapore keep on going up....now I can't afford any and don't own any..... SG banks no worries....adequate capital ratios Link to post Share on other sites More sharing options...
SimonTan 2nd Gear October 18, 2011 Share October 18, 2011 I thought this article was about Singapore, which I started to panic and felt sad. But then I realized its Washington....not Singapore. So what the article wrote did not happen in Singapore, because only few unhappy people went to occupy raffles place. The rest I suppose are happy or no comments type. I am so glad that none of the things stated in the article is happening in this wonderful city of mine. Phew.....more good years. Link to post Share on other sites More sharing options...
Littleknown Clutched October 18, 2011 Share October 18, 2011 This is happening To America because common people allowed them to.. Taken in by election promises and lavish campaigns.. Now point of no return want to complain, want to revolt. too bad lor. Here also the same. Amercia is our christmas ghost of future. 60.1 percent still think they are rich.. But actually in debt and wait till get old then they realize. Link to post Share on other sites More sharing options...
Joseph22 Turbocharged October 18, 2011 Share October 18, 2011 I think the bail out helped to avoid a prolonged depression but the root of the problems are not solved....will take a long time to resolve..... yet property prices in singapore keep on going up....now I can't afford any and don't own any..... SG banks no worries....adequate capital ratios this mean that the depression is only been postpone to later date and when it come, will be harder than what might initially be. Link to post Share on other sites More sharing options...
Joseph22 Turbocharged October 18, 2011 Share October 18, 2011 This is happening To America because common people allowed them to.. Taken in by election promises and lavish campaigns.. Now point of no return want to complain, want to revolt. too bad lor. Here also the same. Amercia is our christmas ghost of future. 60.1 percent still think they are rich.. But actually in debt and wait till get old then they realize. base on this, we should be doing monachy. dont need voting. Link to post Share on other sites More sharing options...
Tjkbeluga 5th Gear October 18, 2011 Share October 18, 2011 base on this, we should be doing monachy. dont need voting. Well said! To those who said 60.1% are this and that, STFU! Link to post Share on other sites More sharing options...
Littleknown Clutched October 18, 2011 Share October 18, 2011 (edited) base on this, we should be doing monachy. dont need voting. Lol. Democracy is world game, we must play along to get other country money. What as voters we should be asking for is to share in financial spoils of the elite. We can start with profit sharing in temasek holdings. Why take a carrot when we see fields and fields of carrots. Edited October 18, 2011 by Littleknown Link to post Share on other sites More sharing options...
Joseph22 Turbocharged October 18, 2011 Share October 18, 2011 Well said! To those who said 60.1% are this and that, STFU! i actually voted for a less lavish party this election.. so funny that it happen the more lavish one given are not ruling party Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear October 18, 2011 Share October 18, 2011 I think the bail out helped to avoid a prolonged depression but the root of the problems are not solved....will take a long time to resolve..... yet property prices in singapore keep on going up....now I can't afford any and don't own any..... SG banks no worries....adequate capital ratios I also hope it helped. But the root cause can not be solved by bail outs. To buy a new HDB can cost so much. No wonder do many younger people no house to get married. Unlike Hongkong, not allowed to live on-board a real boathouse here. Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear October 18, 2011 Share October 18, 2011 I thought this article was about Singapore, which I started to panic and felt sad. But then I realized its Washington....not Singapore. So what the article wrote did not happen in Singapore, because only few unhappy people went to occupy raffles place. The rest I suppose are happy or no comments type. I am so glad that none of the things stated in the article is happening in this wonderful city of mine. Phew.....more good years. How I wish this is true. The world is round and it rotates, too. Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear October 18, 2011 Share October 18, 2011 This is happening To America because common people allowed them to.. Taken in by election promises and lavish campaigns.. Now point of no return want to complain, want to revolt. too bad lor. Here also the same. Amercia is our christmas ghost of future. 60.1 percent still think they are rich.. But actually in debt and wait till get old then they realize. I believe such people still dreaming full time. Someone told me she did not know conditional vote is still a valid vote (she could be among the 60%+). ↡ Advertisement Link to post Share on other sites More sharing options...
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