10/6/11

Wall Street is a job killer, not a job creator

David Korten: Why I'm in Solidarity with #OccupyWallStreet: "Contrary to the Wall Street propaganda, Wall Street is a job killer, not a job creator. Wall Street banks and corporations have no interest in creating jobs, educating American children, or assuring that Americans have health care and retirement security. They appeal for ever more tax breaks and regulatory relief only to have yet more money to use as they used their taxpayer provided bailout: to increase executive bonuses, pay dividends, buy other companies, buy back their own stock to increase the value of their stock options, buy political favor, create new financial bubbles, and outsource yet more jobs."

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