Courtesy of Pam Martens.
If you’ve spent any time at all on this web site, you know that a seven word poster – “It’s Not a Crisis, It’s a Scam” – neatly sums up what myself, Matt Taibbi, Paul Craig Roberts, Yves Smith, Ellen Brown, and Mike Krauss have devoted millions of words attempting to convey to the American public. Barry Ritholtz has also greatly advanced the topic as have many others.
Despite the veracity of the poster, a number of protestors from among the May Day marchers in New York City today were cuffed and jailed by the NYPD as they marched behind the sign. The police will not, at this time, give the tally of arrests.
The same group of protesters, calling themselves the Anti-Capitalists, sang out as they marched: “One, two, three, four — I declare a class war; five, six, seven, eight — eat the rich and smash the state.”
If Congress is shocked at this level of anger, it can think the President. No one has done more to fuel distrust and contempt for Wall Street than President Obama himself by rewarding its enablers with top posts in his new administration.
…