Michael Lewis: Wall Street protest 'could be big deal'

Oct. 4 - "Boomerang" author Michael Lewis says the Occupy Wall Street protests have the potential to be a "big deal" and the protesters have a point about the "horrible unfairness" of the U.S. economy.

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News & Politics

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• business
• reuters
• news
• politics
• finance

[acuriousbeast]

WOW! Reuters finally interviews someone who has a clue, granted a small one. First time I've 'liked' something on this channel is a very long time.

[debtfreesoon]

The richest 1% are making money off the efforts of the 99%. The next step is to have a 3-day sick-out/strike to show exactly how important the 99% really are.  The next step is to have a 3-day sick out/strike--the whole nation would come to a complete halt. The CEO of Disney makes $28 million a year. Can he/she run this company alone? How come the Disney workers have to pay for their healthcare? If all the Disney workers called in sick, how long could that company last? Share the wealth!!!

[Baarsian]

TBH, this gentleman is mearly rechuring soundbites without coming with anything original. He tries to convey a cultural foundation for the different problems in Europe. While often being wrong in his assertions in this regard, he also selectively amplifies the cultural memes which he believes precipitated these crises (e.g. "the Irish are made to suffer", a popular stereotype, but also plain wrong)

[8peregrint8]

@8peregrint8 and I've read this guess book too by the way. "The Big Short"- you'll want to hang the SEC and all the con artists at Goldman, JPM-Chase and former Lehman after you find out what they REALLY did to cause this mess

[8peregrint8]

@jamaljk85 I have degrees in applied math an economics and have gotten no responses from 300+ jobs after 8 months of looking. THERE ARE NO JOBS.. GET IT? screw this sh!t I'm going down to wall street. I guess I ended up at Goldman after all!!!