Written By:
Bunji - Date published:
3:17 pm, April 17th, 2012 - 11 comments
Categories: cartoons -
Tags: Pulitzer Prize
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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And the top 1%
see inefficiency and waste here, there and everywhere
cry poverty
engineer public assets to be sold off
and
demand austerity and bailouts from the 99%
Thats right Jim because if the investors dont get their money back on failed investments they wont invest again in NZ. Its sooooo sick!
Two solutions to bankers greed;
1. Slice usury off at the knees.
2. Remove money issuance from private hands.
yep. And I’d also suggest making basic utility banking and lending a 100% state owned not-for-profit activity.
^ This and a 1% FTT on all transactions.
+1
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Read books by Michael Lewis especially ‘The Big Short-inside the doomsday machine,’ to get a grasp on the murky world of banking and the stock market.
The realm of John Key-trader!
The problem with that second picture is that the top 1% is actually a more selective group than implied- you would need to also include the upper class, too, probably with some kitschy glass-top chrome-legged table.