Maybe they can fill out one of those McDonalds applications they were dropping on OWS protesters the other day in Chicago.

Those are not "job creators" with or without the quotes. They are wanna-bees stuck in the middle thinking they are the 1%.

/Used to sub for BS
//Met many, many wanna-bees

Can we please discard the myth that wealthy bankers are job creators? They are the ones primarily responsible for the great recession and are therefore job destroyers. People who weren't selfish shortsighted dumbasses would have done much better than these job destroyers.

The 1% aren't job creators.
They haven't been for a long long time.
About 30 years or so.

Since when are bankers "job creators?"

wyltoknow: I'm sure it'll help our economy to have more middle-class Joes unemployed as long as one or two of those rich farks get caught in the dragnet with them.

I don't really care about your parents, but if I saw a higher up banker caught in a dragnet I'd weigh it down with rocks and laugh while they drowned.

Your parents aren't bankers, they are employees at a bank. They don't have the power to ruin the world like the true bankers do.

Most bankers probably make more money than I do. Therefore I hate them, and I share my contempt for their kind with like-minded individuals on the internet by facetiously referring to them as "job creators" and gleefully celebrating every misfortune that befalls them with a series of witty posts, self-congratulatory high-fives, and group masturbation sessions.

After all, it is "cool" when someone loses their job, as long as they were making more money than me.

Brandyelf: Those are not "job creators" with or without the quotes. They are wanna-bees stuck in the middle thinking they are the 1%.

/Used to sub for BS
//Met many, many wanna-bees

Pochas: Can we please discard the myth that wealthy bankers are job creators? They are the ones primarily responsible for the great recession and are therefore job destroyers. People who weren't selfish shortsighted dumbasses would have done much better than these job destroyers.

Cinaed: The 1% aren't job creators.
They haven't been for a long long time.
About 30 years or so.

You have missed the joke. Insert $.25 to continue.

Lsherm: wyltoknow: I'm sure it'll help our economy to have more middle-class Joes unemployed as long as one or two of those rich farks get caught in the dragnet with them.

I don't really care about your parents, but if I saw a higher up banker caught in a dragnet I'd weigh it down with rocks and laugh while they drowned.

Your parents aren't bankers, they are employees at a bank. They don't have the power to ruin the world like the true bankers do.

Just curious, how many 'true bankers' are there? Would you say that an fx trader at an investment bank is a true banker or merely an employee? Would the controller reporting to the CFO be a true banker? How about a mid-level investment banker. Perhaps he has a junior bankers reporting to him, but he in turn reports to a regional managing director or something. Are just the CEOs like Blankfein and Dimon the only true bankers?

If I go over to Goldman Sachs offices, about what percentage of the people leaving work every day would you consider a 'true banker'.

Koalacaust: Most bankers probably make more money than I do. Therefore I hate them, and I share my contempt for their kind with like-minded individuals on the internet by facetiously referring to them as "job creators" and gleefully celebrating every misfortune that befalls them with a series of witty posts, self-congratulatory high-fives, and group masturbation sessions.

After all, it is "cool" when someone loses their job, as long as they were making more money than me.

wyltoknow: Both my parents have been bankers my whole life, so I'm not getting a kick out of this news. They're not high-roller fat cats though; dad's a commercial loan officer and mom's a branch manager.

This is not a "banker"


This is not a "banker"


THIS is a "banker":


Your parents are probably part of the 99% along with the rest of us; they work for a living. OWS and others don't have a beef with them, in fact they are protesting on behalf of your folks.

Debeo Summa Credo:
If I go over to Goldman Sachs offices, about what percentage of the people leaving work every day would you consider a 'true banker'.

Anyone who doesn't leave through the front door along with everyone else, and doesn't drive themselves home or use public transit.
When you have enough money to pay someone else to drive you home, and it's not a cab or a bus, you qualify.

Debeo Summa Credo: Just curious, how many 'true bankers' are there? Would you say that an fx trader at an investment bank is a true banker or merely an employee? Would the controller reporting to the CFO be a true banker? How about a mid-level investment banker. Perhaps he has a junior bankers reporting to him, but he in turn reports to a regional managing director or something. Are just the CEOs like Blankfein and Dimon the only true bankers?

I'd say you're a "true banker" if you are directly complicit in forming a strategy for a bank that quite literally ruins the world economy just to make a quick buck for the bank. So Blankfein, definitely, along with some of the upper level managers who were dumping loans and bonds on their clients while betting against those same loans and bonds. I suppose some of the lower-level traders could get away with "just following orders" but not if the fraud is so rampant that any reasonable person would be expected to step up and blow the whistle.

But a loan officer at a local bank? Not really a "true banker" unless he/she manages to act so grossly irresponsible it brings the bank down.

Well the people at the lower tiers of banking have already lost their jobs or are at risk to be laid off.

After being being let go from one bank I took a job at a large regional bank. I was better off unemployed. It didn't take long to realize how bad of a situation the bank was in. Although, the low-ball initial offer of a $21,000 per year salary to manage billions of dollars every day should have tipped me off.

- I worked in the main corporate office for the entire institution. Large parts of the building were never-ending rows of empty cubicles.
- They were working to automate my department. My job functions were inane. I was manually doing what other banks had probably automated years earlier.
- My coworkers hadn't had a raise in several years.
- My coworkers who were trying to post to the limited selection of other jobs were being asked to take pay cuts.
- In spite of their shady method of getting around overdraft legislation, the retail branches were bleeding money.

I jumped ship to make more money at a non-profit. That was the third bank I'd worked for and I was done. The people at the bottom of the totem pole are the ones suffering. The people at the top are safe for now but I don't think it will last. They bailouts bought them time to bleed the company before they jump ship.

When the people at the top of these banks start quitting en masse, then you should worry.

Koalacaust:
After all, it is "cool" when someone loses their job, as long as they were making more money than me.

I don't give a rolling rat's ass how much money you have, as long as you came by it honestly. Note that I didn't say "legally", due to those terms meaning different things in today's business world.
Bill Gates - earned his money by selling software, operating systems and hardware
Steve Jobs - ditto
Larry Ellison - same thing
Richard Branson - started an airline that takes people places

and so on.

Banks and bankers in question: engineered the second most tremendous fark-up of the world's economic system ever while raking in billions of dollars in the process - including billions of our taxpayer dollars.

tl;dr - it's not how much you have, but how you got it.

rewind2846: Debeo Summa Credo:
If I go over to Goldman Sachs offices, about what percentage of the people leaving work every day would you consider a 'true banker'.

Anyone who doesn't leave through the front door along with everyone else, and doesn't drive themselves home or use public transit.
When you have enough money to pay someone else to drive you home, and it's not a cab or a bus, you qualify.

Okay. Fair definition.

Funny you mention the front doors. As I was typing my earlier post I happened to wonder if I went over there and hung out in front for a full day, would I eventually see Blankfein walking out or in. They have a private garage to their building, so maybe not.

Anyone who's making hundreds of thousands of dollars by gambling isn't creating a single job -- they're removing money from the market for personal gain.

Lsherm: Debeo Summa Credo: Just curious, how many 'true bankers' are there? Would you say that an fx trader at an investment bank is a true banker or merely an employee? Would the controller reporting to the CFO be a true banker? How about a mid-level investment banker. Perhaps he has a junior bankers reporting to him, but he in turn reports to a regional managing director or something. Are just the CEOs like Blankfein and Dimon the only true bankers?

I'd say you're a "true banker" if you are directly complicit in forming a strategy for a bank that quite literally ruins the world economy just to make a quick buck for the bank. So Blankfein, definitely, along with some of the upper level managers who were dumping loans and bonds on their clients while betting against those same loans and bonds. I suppose some of the lower-level traders could get away with "just following orders" but not if the fraud is so rampant that any reasonable person would be expected to step up and blow the whistle.

But a loan officer at a local bank? Not really a "true banker" unless he/she manages to act so grossly irresponsible it brings the bank down.

Okay, thanks. Again a fair definition. We'd differ on whether or not the banks had an intentional strategy that they knew would fark over the economy, or whether they just made the same bad bets on real estate that everyone in the country did, but that's for another thread.

wyltoknow: Both my parents have been bankers my whole life, so I'm not getting a kick out of this news. They're not high-roller fat cats though; dad's a commercial loan officer and mom's a branch manager. Yes subby, they are the "job creator" scum whose jobs are in peril because of the economy like everyone else has been suffering. Except that's been the case since this whole financial mess started. Keep jumping for glee subby, I'm sure it'll help our economy to have more middle-class Joes unemployed as long as one or two of those rich farks get caught in the dragnet with them.

It's also worth remembering that the tax money paid by these bankers on their salaries and bonuses (at very high NYC rates) subsidize alot of the city's spending. I'd be very hesitant to cheer for the loss of banker jobs or decrease in banker bonuses if I was a teacher, firefighter, cop, social worker, or anyone who depends on social services in NYC. The lower revenues from wall street go, the more cuts NYC and NYS will have ot make.

Nothing some more tax cuts for oil companies can't fix.

MrEricSir: Anyone who's making hundreds of thousands of dollars by gambling isn't creating a single job -- they're removing money from the market for personal gain.

Right, because they throw that money into a sphere of annihilation. They never spend it or pay bills with it.

As stupid as Trickle Down Theory is, your post is just as stupid.

Thoughts like yours will prevent the Occupy/99% movement from being taken seriously. Next time you have a thought like this... let it go.

Debeo Summa Credo: wyltoknow: Both my parents have been bankers my whole life, so I'm not getting a kick out of this news. They're not high-roller fat cats though; dad's a commercial loan officer and mom's a branch manager. Yes subby, they are the "job creator" scum whose jobs are in peril because of the economy like everyone else has been suffering. Except that's been the case since this whole financial mess started. Keep jumping for glee subby, I'm sure it'll help our economy to have more middle-class Joes unemployed as long as one or two of those rich farks get caught in the dragnet with them.

It's also worth remembering that the tax money paid by these bankers on their salaries and bonuses (at very high NYC rates) subsidize alot of the city's spending. I'd be very hesitant to cheer for the loss of banker jobs or decrease in banker bonuses if I was a teacher, firefighter, cop, social worker, or anyone who depends on social services in NYC. The lower revenues from wall street go, the more cuts NYC and NYS will have ot make.

Reality doesn't intrude into the politics of envy. The people rooting for bankers to lose their jobs don't really believe that there can possibly be a shortage of money for public programs. In fact, it was probably "the rich" who were diverting it anyway, so now there'll be even MORE available.

You guys all do realize that bankers tend to be better educated and work much longer hours than the average middle-class, and upper-middle class worker, right?

If they lose their jobs they will take yours. Barring denial via over-qualification, of course. They aren't just going to disappear once they lose a job.

But hey, people more qualified than you losing their job sure is cool, submitter.

apeiron242: MrEricSir: Anyone who's making hundreds of thousands of dollars by gambling isn't creating a single job -- they're removing money from the market for personal gain.

Right, because they throw that money into a sphere of annihilation. They never spend it or pay bills with it.

As stupid as Trickle Down Theory is, your post is just as stupid.

Thoughts like yours will prevent the Occupy/99% movement from being taken seriously. Next time you have a thought like this... let it go.

You do realize that this money they're getting paid actually came from somewhere, right? They're taking this money out of their customer's pockets and building mansions with it.

Guess what? If that money was in their customers pockets, it wouldn't have to "trickle down."

Jjaro: You guys all do realize that bankers tend to be better educated and work much longer hours than the average middle-class, and upper-middle class worker, right?

If they lose their jobs they will take yours. Barring denial via over-qualification, of course. They aren't just going to disappear once they lose a job.

But hey, people more qualified than you losing their job sure is cool, submitter.

Bahahahahahahaha...haha...I love when people trot this out for humor or out of complete ignorance/stupidity.

rewind2846: tl;dr - it's not how much you have, but how you got it.

Pretty much THIS.

Being the most left-leaning of my family--the one I grew up in, that is, not the one Mr. Arigby and I started--I am sometimes asked what I've got against rich people. Your answer is the one I should use instead of floundering around trying to express myself in real time. (My brain is like a car with a small engine and a big gas tank: it can go a long way, but it takes a good, goddamn long time to get there. One reason I like writing: I can stop dead and stare into space any time I like, as I did several times writing this post.)

Anyhow, I will now shamelessly steal your slogan.

Debeo Summa Credo: rewind2846: Debeo Summa Credo:
If I go over to Goldman Sachs offices, about what percentage of the people leaving work every day would you consider a 'true banker'.

Anyone who doesn't leave through the front door along with everyone else, and doesn't drive themselves home or use public transit.
When you have enough money to pay someone else to drive you home, and it's not a cab or a bus, you qualify.

Okay. Fair definition.

Funny you mention the front doors. As I was typing my earlier post I happened to wonder if I went over there and hung out in front for a full day, would I eventually see Blankfein walking out or in. They have a private garage to their building, so maybe not.

As much hate as that man has leveled at him right now I wouldn't be surprised if there was a tunnel out of the bottom of the building.

Oh, and on the article all I can say to the bankers; ah man that sucks I know what you are going through, I had an extended unemployment myself. Cut back on everything now, don't do it when your savings is gone. You start eating rice and beans for dinner now. Don't let that unemployment check fool you. You aren't middle class anymore until you can find more work. Oh, and barter your skills. Lots of folks out there can use what you have but don't have money and you don't have money but can use their skills.

Oh, and there is always room for you at the occupy march.

a banker or a teller is not a "job creator"

I don't think the average OWS person hates everyone that works in a bank or for a financial institution. Most of them are working for a living and have no say on the policies that have bankrupted our society.

Of course, several members of OWS are kooks and do think this way.

I don't think every OWS member is a commie, anarchist or racist, but I find it funny now that the same tactics used to belittle everyone on the right, not just Tea Pary people) gets them butthurt now.

birchman: Maybe they can fill out one of those McDonalds applications they were dropping on OWS protesters the other day in Chicago.

Clearly these people need to stop complaining and just get a degree paid for with bootstraps so they can get a real job, right?

Might not be the fault of the people further down the chain that this is what's going on, but it should be obvious to everyone by now that EVERYONE is in a world of hurt right now financially. And if the "Job Creators" with millions, like the presidents of these banks, have to start laying people off, then you know (a) The Republicans are liars, (b) we're in troube.

clancifer: Those at the top will keep themselves well insulated to being without a job. Even then, they have their cushy golden parachutes to save their evermore.

The 1% will keep doing fine, it's the top 10% that thought of themselves as 1%ers who are now realizing they are boned.

MrCab:

Might not be the fault of the people further down the chain that this is what's going on, but it should be obvious to everyone by now that EVERYONE is in a world of hurt right now financially. And if the "Job Creators" with millions, like the presidents of these banks, have to start laying people off, then you know (a) The Republicans are liars, (b) we're in troube.

Wrong. There are millions in the US and around the world that are doing just fine. I'm not referring to the 1 percenters either - just everyday hardworking people who are just as fine or even better off financially than pre-2007. I'm not denying that our country has economic problems, but to say "EVERYONE" is in a world of hurt financially is absolutely ridiculous.

That the very wealthy are job creators is a myth. The vast majority of their personal wealth is invested in the market which doesn't have much direct impact on job creation. Now, a guy busting his ass trying to get his contracting business going can be called a job creator.

Farxist: a banker or a teller is not a "job creator"

Sure they are. I know a deli and a taco place that wouldn't be in business if it weren't for bank tellers.

Pumpernickel bread: The vast majority of their personal wealth is invested in the market which doesn't have much direct impact on job creation.

When a company issues bonds, where do you think the money goes? When a company sells equity, what happens to the money? Most of the times when companies raise funds, it's to finance some sort of expansion which directly creates jobs.

If a company is short on funds to purchase inventory or pay day-to-day expenses, they'll usually get trade credit or get a line of credit from a bank. Bond issuances and stock sales don't usually fund short-term expenses.

birchman: Maybe they can fill out one of those McDonalds applications they were dropping on OWS protesters the other day in Chicago.

Too late...from what I have heard you can't even get a job at McDonalds...there have been 60,000 positions nationwide and over 100,000 applicants. There are over 40,000 people,and counting, that were turned away by McDonalds!

People getting laid off at those banks in the story aren't job creators, they are at best mid-level management and officers.

Atomic Spunk: MrCab:

Might not be the fault of the people further down the chain that this is what's going on, but it should be obvious to everyone by now that EVERYONE is in a world of hurt right now financially. And if the "Job Creators" with millions, like the presidents of these banks, have to start laying people off, then you know (a) The Republicans are liars, (b) we're in troube.

Wrong. There are millions in the US and around the world that are doing just fine. I'm not referring to the 1 percenters either - just everyday hardworking people who are just as fine or even better off financially than pre-2007. I'm not denying that our country has economic problems, but to say "EVERYONE" is in a world of hurt financially is absolutely ridiculous.


Where do you live? I want to move there.