I’m not concerned about who or what they are, and neither are the vast majority. I’m concerned that we’re off the rails to the tune of trillions and still throwing money at them. Something is seriously amiss, and trying to deflect with leftist protected class rhetoric isn’t flying anymore.
Oh, I completley agree. It’s a canard to make the charge that was made against me, and it’s really unfortunate if our language becomes so over-policed that we can’t string words together to form logical descriptions of everyday events and objects.
Banking Elite is an excellent phrase that describes perfectly that exact thing: the banking elite. The Times article goes on to ennumerate where they are drawn from: JPMorgan Chase, Goldman Sachs and Morgan Stanley.
Funny these names come up over and over again. When the Fed was forced to dump the names of the special loan recipients they were all featured heavily.
When the maipulation of the silver market is being probed it is JPMorgan Chase and HSBC.
When it’s ‘where do all the heavy hitters in the treasury & administration come from’ it’s Goldman-Sachs: Paulson, Rubin, Kashkeri, Larry Sommers and by extension Geithner.
So, we keep getting back to the same short list of firms who sit upon the commanding heights of the financial pyramid, a pyramid which has been exempt for the overall leveling (dis-intermediation) that almost all other sectors have gone through in the last 30 years.