What's been going on? Why does Wall Street have all the money? What do these people do that they deserve more than single digit revenues from the GDP? Who was looking out for us?
The answer came back. It was short and sweet. Nobody.
You're the mark in this con game and the fix was in big time. Not only did they take your investment money, they destroyed the economy, took your job, and whacked you once more with a taxpayer funded bail out.
Forget the fact that some of that money is being repaid with interest, your job, your life are in ruins. Let these crooks keep your hard earned money? We may be a little slow, but we're not crazy.
The Corporatoracy did nothing in the recent financial reform legislation to fix the problems: unchecked fees, computer trading, spread manipulation, corporate accounting transparency, exorbitant executive compensation, high speed trading, insider trading, et cetera. It's all the same thing, stealing and fraud.
Bernie Madoff's scam was peanuts in comparison, yet we have not seen one perp walk for the criminals responsible.
In November of 2009 I wrote Six Reasons to Screw Wall Street Now. I'll say it again. You've got no business in the stock market as an individual investor with out connections to the criminal network that runs the joint.