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The Water Cooler
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Bloomberg predicts riots over jobs day before planned Wall Street protest.
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<blockquote data-quote="soonersfan" data-source="post: 1630289" data-attributes="member: 9063"><p>If your jumping on board with Acorn and Soros I think you're an idiot, regardless of your profession. I think the protestors <strong>and</strong> the protested caused the collapse. We have an epidemic on a personal and governmental level that is called spending more than you make. Government forces risky loans on banks, mortgage companies make risky loans and sell them off as secure mortgage backed securities, people buy houses they can't afford and are foreclosed on, mortgage backed securities go in the crapper, construction goes in the crapper, the economy goes in the crapper. There is plenty of blame to go around and no accountability to be found. Protesting capitalism in hopes of socialism is a joke.</p><p></p><p> The highest paid employees in the airline industry are at risk of being unemployed because their company is about to go bankrupt. Perhaps their union is putting them out of a job by negotiating such a good deal that the company can no longer remain competitive. Maybe the airline is just an evil big business going bankrupt just to spite its employees. Maybe they'll be another pro-union bailout to make it all better for them. Maybe they should all go protest on Wall St. rather than using some common sense.</p></blockquote><p></p>
[QUOTE="soonersfan, post: 1630289, member: 9063"] If your jumping on board with Acorn and Soros I think you're an idiot, regardless of your profession. I think the protestors [B]and[/B] the protested caused the collapse. We have an epidemic on a personal and governmental level that is called spending more than you make. Government forces risky loans on banks, mortgage companies make risky loans and sell them off as secure mortgage backed securities, people buy houses they can't afford and are foreclosed on, mortgage backed securities go in the crapper, construction goes in the crapper, the economy goes in the crapper. There is plenty of blame to go around and no accountability to be found. Protesting capitalism in hopes of socialism is a joke. The highest paid employees in the airline industry are at risk of being unemployed because their company is about to go bankrupt. Perhaps their union is putting them out of a job by negotiating such a good deal that the company can no longer remain competitive. Maybe the airline is just an evil big business going bankrupt just to spite its employees. Maybe they'll be another pro-union bailout to make it all better for them. Maybe they should all go protest on Wall St. rather than using some common sense. [/QUOTE]
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Bloomberg predicts riots over jobs day before planned Wall Street protest.
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