Ya start poppin ya fingers and stompin your feet, and movin your body while you’re sittin in your seat
There are many, many things to be upset about regarding the financial sector — but bonuses are not one of them. Or, at least not the most important thing to be enraged over.
We live in a capitalist system, where there are going to be winners and losers. Its not fair, but it is how it is. (…) What should you be upset about?
• Paying people in year one for risks that last years or decades;
• The “privatized gains, socialized losses” of the current system;
• Dramatically reduced competition in the Banking sector;
• The idea that “Too Big To Fail” is now an official policy of the United States;
• The “gifting” of $100s of billions of dollars to mismanaged banks that should have been allowed to fail in a controlled fashion;
• Bank lobbyists preventing any sort of credible regulation from passing…
