Comments on: Banking Sector Remains (literally) Unchanged

By: The Big Picture » Blog Archive » Who Bears the Costs of Post-Crisis Recovery ?

Wed, 20 Jan 2010 14:46:23 +0000

[...] senior execs have lost their jobs, but they have been the exception. A recent study found that 92% of TARP firm senior execs, boards of directors, and C-level management were still running the firms they had [...]

By: The Big Picture » Blog Archive » Media Appearance: MSNBC’s Morning Meeting

Tue, 05 Jan 2010 14:01:37 +0000

[...] This morning, I will visiting with Chris Jansing on MSNBC’s Morning Meeting. We will be discussing yesterday’s post on Banking Sector Remains (literally) Unchanged. [...]

By: TakBak04

TakBak04 — Tue, 05 Jan 2010 01:03:39 +0000

BR…I know how busy you are…but as a buyer and reader of your book …Hope you will take out time to check this one out from Chris Hedges. It’s long…but I think that as you say you are an open minded fellow and love contrarian views along with some radical stuff …..this one is for you.

It’s long…but well worth the watch about America/Economy/Media/Branding/Sports/Markets/Celebrity. ….. (be sure you listen to all after the Michael Jackson stuff…he goes back to that at the end. It’s really a Tour de Force…from Hedges who has much to say about where we’ve been, where we are and where we might be going if we don’t WAKE UP!

Well it’s just an incredible watch whether one agrees or disagrees what he says is some really serious stuff…I hope you will take the time to watch it “BR” because when I bought your book and read it….I felt you might be a part to the great puzzle that Hedges so emphatically and passionately lays out about what faces all Americans…and how we got to this point. Really the whole thing is just incredible watch.
—————–
CHRIS HEDGES: “Empire of Illusion: The End of Literacy and the Triumph of Spectacle”

http://www.democracynow.org/blog/2009/12/18/chris_hedges

By: Through the Looking Glass

Through the Looking Glass — Mon, 04 Jan 2010 19:12:34 +0000

I cant add anything to this except maybe to say, forget it he says it all…..Just dont ever believe a politician or political party will change things , they are just pieces on the plutocrats chessboard.

http://www.youtube.com/watch?v=hYIC0eZYEtI

By: Kent @ The Financial Philosopher

Kent @ The Financial Philosopher — Mon, 04 Jan 2010 17:50:41 +0000

To extend upon Marcus Aurelius’ comment, why expect bankers (or anyone else, for that matter) to change? The only change you can control is yourself. With regard to banking, there are so many options for managing personal assets that there is no truly valid reason for doing business directly with a “bailout bank.”

Expecting bankers to change is no different (and not any more intelligent) than expecting politicians to change. As long as bankers and politicians remain human, they will not change behavior, at least not in our life time.

To paraphrase the legendary trader, Jesse Livermore, “the pockets change, the suckers change, the stocks change… but human nature never changes. “

By: hgordon

hgordon — Mon, 04 Jan 2010 17:47:14 +0000

@mannwich – certainly, it is a stretch to predict bloodshed, but I wonder if such an uprising doesn’t take the form of Rush Limbaugh cheering on the charge that is led by Sarah Palin. As difficult as it is to imagine someone like Palin winning an election, it would be wrong to dismiss the possibility of a powerful populist-based “conservatism” groundswell. This is not outside the scope of US history.

By: Mannwich

Mannwich — Mon, 04 Jan 2010 17:42:57 +0000

@hgordon: As long as the majority of people have ample access to food, shelter and circuses (and i-thingy’s), there will be no uprising.

By: hgordon

hgordon — Mon, 04 Jan 2010 17:27:24 +0000

Clearly, the existing power structure has no motivation to make any changes. With respect to Marcus Aurelius’ comment, how much worst does this have to get before we get to a populist uprising with Bastille storming and guillotines ?

By: JustinTheSkeptic

JustinTheSkeptic — Mon, 04 Jan 2010 17:23:52 +0000

Next comes fascism. NO, we already have that…lol (or “lot” – lots of tears somewhere down the road).

By: jeg3

jeg3 — Mon, 04 Jan 2010 16:41:45 +0000

Your on a roll today BR, keep up the good work.

You forgot hypocrites:
http://www.washingtonsblog.com/2010/01/larry-summers-in-2000-healthy-financial.html

and

Thugs & Con Artists
http://www.washingtonsblog.com/2009/12/will-americans-reclaim-our-nation-in.html