wretchard, wall street bonuses are how three quarters of compensation is paid to workers in the brokerage biz –for POTUS to use “shameful” is inflammatory and demoralizing, even if it’s true, at this ticklish time, and esp in view of 2008′s bonuses already down by half. We got to have money flowing in to the markets, not out, if we are going to stop the evaporation of will to fight for the system. just while typing this the tv biz news is showing Obamaian Sen Claire McCaskill in the well of the senate saying, expression & voice quivering with emotion, “We want our financial institutions to survive, but not to keep kicking our taxpayers in the shins while they drink champagne on their private jets.” yesterday –this whole week –has been full of this –check text of Obam’s remarks this a.m. introducing his working class task force and launching it with three capital punitive executive orders. All this is of a piece with the ‘so big we can’t see it’ subversion of the system by the suspended uptic rule and the rule 157 –both of which are killing the financial sytem and the economy along with it –and for no discernable reason. I’m tellin’ ya –something is wrong –really wrong. what I can’t understand is why is no one screaming? Why isn’t all of wall street in the streets with placards over Rule 157? I can’t answer that, so i have to assume there’s a chance i’m just, well, nuts.