Wall Street Reportedly Circulates Class Warfare Email
For anyone with even a scintilla of knowledge of Wall Street's excesses in the past decade or so, the email itself is hard to stomach. By turns, it takes shot at unionized teachers, the Obama administration and "average Joes."
In fact, this screed is so idiotic it's an unintentional argument for Wall Street reform. As The Reformed Broker puts it, it's a "hideous little piece of class warfare":
We are Wall Street. It's our job to make money. Whether it's a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn't matter. We would trade baseball cards if it were profitable. I didn't hear America complaining when the market was roaring to 14,000 and everyone's 401k doubled every 3 years. Just like gambling, its not a problem until you lose. I've never heard of anyone going to Gamblers Anonymous because they won too much in Vegas...
Go ahead and continue to take us down, but you're only going to hurt yourselves. What's going to happen when we can't find jobs on the Street anymore? Guess what: We're going to take yours. We get up at 5am & work till 10pm or later. We're used to not getting up to pee when we have a position.We aren't dinosaurs. We are smarter and more vicious than that, and we are going to survive.
And then there's this enraging piece of utter nonsense: "Our money was your money. You spent it. When our money dries up, so does yours."
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