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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 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...

Wells Fargo Earnings Rise 21%, to $4.1 Billion

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

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