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And, yes, I DO take it personally: Glenn wonders why our media is puzzled by OWS anger [UPDATE: another obscene headline]
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Monday, October 17, 2011

Glenn wonders why our media is puzzled by OWS anger [UPDATE: another obscene headline]

and offers this headline from today's nyt as a possible reason...
Citigroup Earnings Rise 74% to $3.8 Billion

glenn further observes...
Americans in particular have been inculcated for decades with the belief that even substantial outcome inequality is acceptable (even desirable) provided that it is the by-product of fairly applied rules. What makes this inequality so infuriating (aside from the human suffering it is generating) is precisely that it is illegitimate: it is caused and bolstered by decisively unfair application of laws and rules, by undemocratic control of the political http://www.blogger.com/img/blank.gifprocess by the nation’s oligarchs, and by a full-scale shield of immunity that allows them — and only them — to engage in the most egregious corruption and even criminality without any consequence (other than a further entrenching of their prerogatives and ill-gotten gains).

those big headlines touting more obscene profits for corporations, especially those that were bailed out by our money, are enough to make anybody see red...

[UPDATE]
Wells Fargo Earnings Rise 21%, to $4.1 Billion

this is really poor timing to be announcing third-quarter earnings...

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