The banking system is both a cause and an intrinsic part of our current economic and political crisis. Here are some suggestions for a manifesto for the Occupy Wall Street protests currently taking place.
Although they perform certain beneficial financial and capital market and merger services, Wall Street houses, financial institutions, and hedge and equity funds must be regulated in the public interest.
If the saga of Bank of America, the country's largest and most troubled bank, were to be made into a movie, its title would have to be "The Dumbest Men in the Room," starring its half-witted chief executive officer and board of directors.
I want to send Wall Street a wake-up call, as they don't seem to be getting it. The best way is with my dollars. My resources don't add up to what a chairman of a Wall Street bank gets in an annual bonus, but keeping those dollars away is a start.
"We're looking for someone with the swagger of Arnold Schwarzenegger, the tact of Mel Gibson, the honesty of a Wall Street banker and the compassion for the poor you would expect from any Republican presidential candidate before the Iowa primary."
It's funny how you think you know someone, and then you are pleasantly surprised to learn that there is more to this person than meets the eye. I am referring to a friend of mine - Dr. Guenther Dobrauz.