While I don’t support most of the solutions that I have seen offered by this crowd, I do agree that currently Wall Street is a criminal raketeering organization not much if any better than the mafia. I wish our side would do more to prosecute the systemic fraud coming from Wall Street financial corporations. While the Tea party is not participating in these protests, they are already doing more to help by putting a severe brake on bailouts and focusing on cuts. Hopefully if conservatives win big in 2012, it will spell the unintentional end of a lot of financial corporations that help caused our problems.
I do agree with that - I have no doubt that their are a bunch of crooks on Wall Street. Hell - full disclosure - I know a few of ‘em.
Don't forget the role of government:
" Italian social critic Gaetano Salvemini wrote in 1936 that under corporatism, "it is the state, i.e., the taxpayer, who has become responsible to private enterprise. In Fascist Italy the state pays for the blunders of private enterprise." As long as business was good, Salvemini wrote, "profit remained to private initiative." But when the depression came, "the government added the loss to the taxpayer's burden. Profit is private and individual. Loss is public and social." The Italian corporative state, The Economist editorialized on July 27, 1935, "only amounts to the establishment of a new and costly bureaucracy from which those industrialists who can spend the necessary amount, can obtain almost anything they want, and put into practice the worst kind of monopolistic practices at the expense of the little fellow who is squeezed out in the process." Corporatism, in other words, was a massive system of corporate welfare. "Three-quarters of the Italian economic system," Mussolini boasted in 1934, "had been subsidized by government."
http://www.banned-books.com/truth-seeker/1994archive/121_3/ts213l.html