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Saturday, February 23, 2019

JPMorgan Chase, Goldman Sachs, Bank of America and the handful of other behemoths of Wall Street that dominate American banking — who needs them?

After enduring years of insatiable greed by the slick-fingered hucksters who run these gambling houses; after watching in dismay as their ineptness and avarice drained more than $19 trillion from America’s household wealth since 2007 and plunged our real economy into the worst financial crisis since the 1930s Depression; after witnessing their shameful demands for trillions of dollars in taxpayer bailouts to save their banks and their jobs; and now after seeing them return immediately to business as usual, including paying multimillion-dollar bonuses to themselves — we have to ask: Huh!?!

Oh, no-no, cry the banking titans, don’t even think of looking behind the curtain! Trust us, say these Wall Street alchemists, for we are essential to juicing the economy with our complex abracadabra investment schemes.

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11 responses to “Who Needs Wall Street Giants?”

  1. William Deutschlander says:

    These GIANT USELESS BANKS should be obliterated!

    ALL BANKING should be restricted to carrying on business within a 100 mile radius of the main office where the President maintains his office, no exceptions!

    These colosous, monster banks have destroyed the United States of America!

    • ObozoMustGo says:

      Hi Nazi Bill. I hope you’re well today.

      Reading this post, it made me question why you would choose to limit a bank to a 100 mile radius of the main office? Why not 125 miles or 237 miles or 68.33 miles? Exactly how does a bureaucrat have so much wisdom that they can tell a private bank where and where not they can do business? How did you get to be so smart, Nazi Bill?

      Have a nice day!

  2. ObozoMustGo says:

    Democratic National Convention Schedule released by WikiLeaks!

    Democratic National Convention Schedule
    4:00 PM – Opening Flag Burning Ceremony
    4:05 PM – Singing of “G_D___ America” led by Rev. Jeremiah Wright
    4:10 PM – Pledge of Allegiance to Obama
    4:15 PM – Ceremonial ‘I hate America’ led by Michelle Obama
    4:30 PM – Tips on Dodging Sniper Fire – Hillary Clinton
    4:45 PM –Al Sharpton Leads Castrati Choir in Singing “Great Balls of Fire”
    5:00 PM – UFO Abduction Survival – Joe Biden
    5:30 PM – Eliot Spitzer Speaks on “Family Values” via Satellite
    5:45 PM – Tribute to All 57 States
    6:00 PM – Joe Biden Delivers 100,000-Word Speech Featuring 23-Minute Question and 2- Hour Answer
    8:30 PM – Airing of Grievances by the Clintons
    9:00 PM – Bill Clinton Delivers Rousing Endorsement of Obama Girl
    9:15 PM – Tribute Film to Freedom Fighters at Gitmo – Michael Moore
    9:45 PM – Personal Finance Seminar – Charlie Rangell
    10:00 PM – Denunciation of Bitter Gun Owners
    10:30 PM – Ceremonial Waving of White Flag for IRAQ, & Afghanistan
    11:00 PM – Obama Energy Plan Symposium /Tire Gauge Demonstration
    11:15 PM – Free Gov. Blagojevich rally
    11:30 PM – Obama Accepts Tony and Latin Grammy Awards
    11:45 PM – Feeding of the Delegates with 5 Loaves and 2 Fish – Obama Presiding
    12:00 AM – Official Nomination of Obama by Bill Mahre
    12:01 AM – Obama Accepts Nomination, declares that the Kenyan thing was a distraction, he was really born in Bethelehem
    12:05 AM – Celestial Choirs Sing
    3:00 AM – Biden Delivers Acceptance Speech
    OPTION: Closing with a Declaration of War on the rich To be decided just before the Convention

    • howa4x says:

      Well the Republican agenda is easy:
      Start a war anywhere
      encourage companies to cost over run on defense
      Increase militay expenditures by 40%
      eliminate the EPA, FDA, USDA and Education Department
      Declare Christianity the National true faith
      Make pre marital sex a crime of public ridicule
      Ban Abortion make it a crime
      Promote invasive anti abortion procedures on women
      Declare that women have no right to their own reproductive system
      Make contraception a crime
      Remove all regulations on business even on the food supply and especially enviornmental ones or any that hurts profits
      Start a stock buying program in every school (lunch money will do)
      Encourage obesity ,Palin offered to bring the cookies
      Repeal Dodd/Frank
      Ask all Latino’s to self deport(baseball players get a temporary visa and have to leave after the season)
      Declare that health care is not a right but a privelige of the working class and well to do
      Allow emergency rooms to deny care to anyone that dosen’t have insurance(Texas Model)
      Make a declaration that if you get sick it’s your own fault
      Ban anyone that talks about climate change from working for government
      Ban the teaching of evolution-south of the Mason Dixon line and Kansas
      School prayer mandated
      Declare homosexuality a crime/ban from teaching (sorry that’s already being done)
      Invalidate all Gay marriages
      Have a national holiday called praise the super rich
      Lower the tax rate for the 1%
      Lower the corporate tax rate to 10%
      Raise taxes on pensions and tax social security
      raise retirement age to 75
      Make seniors pay 50% of medical costs
      Cut any program that helps the poor
      Ask the poor to leave -offer a 1 way ticket
      globalize the prison population
      Allow states to go back to seperate but equal
      Encourage anyone who can’t find a job to try another country
      Ask everyone in America to be patriotic and buy a gun or two
      Declare a right to carry conceled weapon legal in every state
      Make every 5 yr old and up learn how to shoot
      Key note address By Trump -greed is good

      Let Mitt Romney close with a song

      • ObozoMustGo says:

        That’s pretty good, howie! Sort of funny, but dead wrong about almost every line, and very repetitive of old phony cliches. I think you can tighten it up a bit, tone down the whole “Republicans are evil” thing a little bit, as well. And you might have something that could be very funny. Looking at it objectively.

        Have a nice day!

        • howa4x says:

          How can I tone it down when you are so outrageous. I think I heard the birther thing before.

          • ObozoMustGo says:

            You can tone it down a bit, howie. Conservatives are no more evil than leftists. But I’ll give you latitude for comedic effect.

            By the way, I think my favorite event at the DemocRAT convention is the 11:45PM event. hehehehehehe

            Have a nice night!

        • dtgraham says:

          HA! let me get this straight. You’re snivelling about old phony cliches? You? The master of old phony cliches? I actually thought your list was funny Obozo. I got a chuckle. The reason howa4x’s list isn’t is because it’s too close to the truth. Unfortunately, there isn’t much funny about today’s GOP if you’re concerned about your country.

          • ObozoMustGo says:

            dt… I can laugh at myself as much as I laugh at anyone else. It’s not a bad thing. I was just trying to help howie out a little bit. Thing is, you leftist nutjobs just do not have any clue about how conservatives think. None. You attribute evil intent to others who disagree with you, and somehow think that you have a lock on caring and compassion when it’s patently false. Conservatives dont really think that way about leftist nutjobs in most cases, and instead we actually do understand the left far better than you understand us. This is a proven fact in studies done at UVA with surveys. I’m OK with that. I would know. I used to be one of you. But I can laugh at your jokes about us as much as anyone else. What is life without laughter?

            Have a nice day!

  3. Landsende says:

    Having Jamie Dimon with a seat on the on the New York branch of the Federal Reserve is like having the fox guarding the hen house. How in the world was this allowed to happen. Apparently nothing was learned from the financial meltdown that required a bailout from taxpayers and destroyed our economy. How many times dos this have to happen before congress puts a stop to this. That’s a rhetorical question because every since the supreme court ruled in Citizens United that corporations are people and can give unlimited donations they all have their hands out and are for sale to the highest bidder. Time to clean house.

  4. howa4x says:

    Well if Romney gets in there will be no regulation of his former playground. How can Mitt who made questionable millions police anyone else. In Romneys mind we are here to make the 1% into the .1% and everyone in america is responsible to keep them in power and very rich. The democtats are equally to blame though. Glass/Steegal fell on Bill Clintons watch. We always have a secretary of the treasury from Wall st advising the president and he had Rubin from citi group. It took a melt down to get anyone to even attempt to regulate the street.As soon as the dust settled and TARP was spread around it was back to the casino. Everyone missed their chance to break up the Too Big To Fail banks. Why they get bailed out in the 1st place is because all the pension funds, IRAs and 401k are invested there so a complete meltdown would affect everyone in the country. Mitts position is to let all foreclousures happen and bankrupcies take place and let it hit bottom then let his croonies come in a buy everything at firesale prices. That’s called destructive capitalism but the problem is that what is being destroyed is the middle class.

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