How many people is that $1.5T (using your number) being divided among, and to whom (people who are actually doing the work)? How are the trillions that have been diverted to the financial sector being divided, and to whom? Did they do any “work” to deserve this largess? Does one outlay benefit society more than the other? Can we even compare the two?
Why are trillions being directed into the financial sector when they were the ones who caused the pension crisis in the first place?
Not saying we don’t need to make some changes in the public sector, but you cannot make the argument that the financial sector is somehow “worthy” of bailouts…bailouts that are coming at the expense of public sector workers.[/quote]
CAR: When did this argument become mutually exclusive? One EITHER supports Wall Street OR the public sector unions?
As I’ve said before, isn’t it possible to be outraged at both? You’re assertion that “you cannot make the argument that the financial sector is somehow worthy of bailouts…” is false: I NEVER made that argument on this thread. To the contrary, I’ve stated clearly that BOTH are wrong.
CONCHO was right about one thing: We, as a society, have become so used to the Left versus Right meme, that its become almost automatic now.
I’m all for pursuing Wall Street, and I’ve felt that more should have been done, both in terms of prosecution by the DoJ and in repatriation of funds and monies to those bilked by the banksters.
We also need to do something about our archaic, and outdated, tax code. But, that’s clearly a topic for another thread.