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But in a June 13 interview on CBS, Blankfein wrinkled his brow and uttered a very un-Wall Street, populist-like thought: “Too much of the [wealth] of the country has gone to too few people,” he said, adding that when that happens, “you’ll have an unstable society,”
Well, golly Pitchfork Lloyd, yes we will. And don’t look down now from your gilded perch way up there with the 1-percenters, but we already do. In the past 30 years, power elites (including you) drastically increased your share of America’s income by taking income from the middle class and the poor. Did you think we wouldn’t notice?
It’s awfully sweet of a Wall Street baron to express concern about inequality and instability, but how about doing something about it? You could turn your battalions of lobbyists and PR agents loose to develop a national jobs program, hike wages, bulk-up Social Security, and… hey, here’s a good one: Pass that little Robin Hood tax on computerized, high-speed Wall Street speculators to replenish our public treasury so we can reinvest in America. Don’t just worry, do something!
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This has been reposted from Jim Hightower’s website.
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Image from Donkey Hotey.
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