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View Diary: Wall Street Protests (216 comments)

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  •  More Public Education is Needed as well (17+ / 0-)

    I think most of us are woefully ignorant about what Wall Street really is, who the people are that are working in financial institutions there and in other large cities, what they do all day, and what the connections are between Wall Street and anywhere else.

    My sense is that this is at least partly by design. After all, Madison Avenue was invented by Wall Street.  

    The connection between local banks and credit unions and the big banks on Wall Street are little understood.  

    A serious driver for all this is the almost completely unobserved connection between the big Wall Street banks and multinational corporations that operate in Central and South America and cause a massive migration to the north.  

    What is happening south of the US border is very similar to the situation north of the border, if you look at the way the economies of both halves of the hemisphere have been shedding jobs.  

    It is for the same basic reason.  People are externalities when the only thing that counts is return on investment.  

    We have been talking about a total federal deficit reaching 14 trillion dollars.  The multinational banks probably have investments out in the hundreds of trillions.  

    This is a huge area that operates outside general knowledge, press scrutiny or the awareness of most people.  

    We The People need to be filled in on a whole large area that we have been kept in the dark about.  

    hope that the idiots who have no constructive and creative solutions but only look to tear down will not win the day.

    by Stuart Heady on Sat Oct 08, 2011 at 04:43:37 PM PDT

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