The latest massive offense the Obama administration has done to Wall Street is to come up with a rule telling financial services companies that their first duty is to their clients. That’s such an offensive requirement, Republicans in Congress have even been trying to derail it. Because nothing should stand in the way of profits for Wall Street, including the nest eggs of senior citizens. To prove how awful the whole idea is, American International Group Inc. (AIG) decided they had to sell off, admitting that if they can’t screw old people out of money, then why bother?
Continue reading: AIG says if the government won’t let them screw over retirees, they won’t play
Related story: Senator Elizabeth Warren blasts Wall Street regulators in a report titled ‘Rigged Justice: 2016’
Fuckin’ old people! Get with the program, ya’ anti-American bastards! The NERVE of some people!
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I know! If old-timers don’t want to get screwed over by Wall Street, they should hide their money under their smelly old mattresses!
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I know, right?
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Come on; the financial folks are just trying to get anything they can–so long as there’s no chance of jail time. Nothing personal, it’s just business.
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Maybe now, privatized Social Security won’t look so juicy to these scavengers.
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Maybe so.
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