| This morning, while on local radio show, NYC mayor Michael Bloomberg was asked about the demonstrations on Wall Street. Bloomberg condemned the protests, claiming that the protesters are targeting people who making "$40-50,000 a year and are struggling to make ends meet." He then went on to say people are focusing too much on the causes of the financial crisis and that we need to be nicer to the banking industry so that it starts lending again. He concluded by saying that we are "blaming the wrong people" by "blaming the banks" for the recession.
Actually, the median salary for stockbrokers is approximately $88,000 a year. But that is besides the point. The demonstrators are not targeting the individuals who work on Wall Street, they are targeting the financial institutions and practices they represent. Defending the undefendable. Ditch Bloomberg, NYC! |
Read the rest of the story HERE:
At thinkprogress.org
At thinkprogress.org
1
1
1
