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PatrickforO

(14,576 posts)
Mon Feb 29, 2016, 08:15 PM Feb 2016

Robert Reich: An Open Letter to the Republican Establishment

I've always liked Reich, and now here's an open letter he has penned to Wall Street and the rest of the capitalist overlords.

http://www.huffingtonpost.com/robert-reich/an-open-letter-to-the-rep_1_b_9344914.html

Here's a couple of excerpts:

"You are the captains of American industry, the titans of Wall Street, and the billionaires who for decades have been the backbone of the Republican Party.

You've invested your millions in the GOP in order to get lower taxes, wider tax loopholes, bigger subsidies, more generous bailouts, less regulation, lengthier patents and copyrights and stronger market power allowing you to raise prices, weaker unions and bigger trade deals allowing you outsource abroad to reduce wages, easier bankruptcy for you but harder bankruptcy for homeowners and student debtors, and judges who will let you to engage in insider trading and who won't prosecute you for white-collar crimes.

All of which have made you enormously wealthy. Congratulations.

But I have some disturbing news for you. You're paying a big price -- and about to pay far more."

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Robert Reich: An Open Letter to the Republican Establishment (Original Post) PatrickforO Feb 2016 OP
Greed is good, is the motto for Wall Street and I hope President Hillary Clinton randys1 Feb 2016 #1
Huge K&R! n/t Martin Eden Feb 2016 #2
Excellent Letter noretreatnosurrender Feb 2016 #3
I wonder if Bob Reich ever gets tired hifiguy Feb 2016 #4
Well said. WestSeattle2 Feb 2016 #5

randys1

(16,286 posts)
1. Greed is good, is the motto for Wall Street and I hope President Hillary Clinton
Mon Feb 29, 2016, 08:26 PM
Feb 2016

will look around and do more than say "hey, cut that out"

Because if she doesnt, we are all going to go right down in the toilet.

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