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history repeats ?

Guest Post: 80 Years Later - Same Culprits, Same Rage

https://www.zerohedge.com/news/guest-post-80-years-later-same-culprits-same-rage

Submittedby Tyler Durden on 10/22/2011 - 19:04 Bank of America Bank of AmericaCitibank Citigroup Corruption Fail Federal Deposit Insurance CorporationFederal Reserve Gambling Germany Goldman Sachs goldman sachs GreatDepression Guest Post Market Crash Market Share New York Stock ExchangeNone Purchasing Power Too Big To Fail Unemployment Wells Fargo
In1932, approximately 80 years ago, 43,000 marchers (17,000 veterans)descended upon Washington D.C. The Bonus Expeditionary Force, also knownas the “Bonus Army”, marched on Washington to advocate the passage ofthe “soldier’s bonus” for service during World War I. They set up a campwith tents to bring attention to their cause. After Congress adjourned,bonus marchers remained in the city and became unruly. On July 28,1932, two bonus marchers were shot by police, causing the entire mob tobecome hostile and riotous. The government turned the U.S. military uponits citizens. Army cavalry units led by General Douglas MacArthurdispersed the Bonus Army by riding through it and using gas. Fifty fiveveterans were injured and 135 were arrested. Critics of the marchersdescribed them as communists, troublemakers, and criminals. Fast forward80 years and we have protestors setting up camp in a public square, notfar from where the same exact banks that caused the Great Depressionhave created the Greater Depression. The biggest Wall Street banks havegotten bigger. The Federal Reserve, in collusion with the Wall Streetbanks, has engineered a two year stock market rally, while the averageAmerican has seen their wages decline, food and energy prices soar, homeprices fall, and banks paying them .1% on their savings. Anger anddisillusionment continue to build in this country like a volcanopreparing to blow. Some people are angry at Washington politicians. Someare angry at Wall Street. Others aren’t sure who to be angry at. Theevil oligarchy of bankers, corporate titans, and bought off Washingtonpoliticians that control the agenda and mainstream media, continue toscorn, ridicule and denigrate the middle class of America. Theirfinancial engineering is failing. They’ve gone too far. The debtaccumulation is unsustainable. The mood of the country has darkened andtalk of revolution and the shadow of impending violence is growing.


Guest Post: 80 Years Later - Same Culprits, Same Rage

https://www.zerohedge.com/news/guest-post-80-years-later-same-culprits-same-rage

Submittedby Tyler Durden on 10/22/2011 - 19:04 Bank of America Bank of AmericaCitibank Citigroup Corruption Fail Federal Deposit Insurance CorporationFederal Reserve Gambling Germany Goldman Sachs goldman sachs GreatDepression Guest Post Market Crash Market Share New York Stock ExchangeNone Purchasing Power Too Big To Fail Unemployment Wells Fargo
In1932, approximately 80 years ago, 43,000 marchers (17,000 veterans)descended upon Washington D.C. The Bonus Expeditionary Force, also knownas the “Bonus Army”, marched on Washington to advocate the passage ofthe “soldier’s bonus” for service during World War I. They set up a campwith tents to bring attention to their cause. After Congress adjourned,bonus marchers remained in the city and became unruly. On July 28,1932, two bonus marchers were shot by police, causing the entire mob tobecome hostile and riotous. The government turned the U.S. military uponits citizens. Army cavalry units led by General Douglas MacArthurdispersed the Bonus Army by riding through it and using gas. Fifty fiveveterans were injured and 135 were arrested. Critics of the marchersdescribed them as communists, troublemakers, and criminals. Fast forward80 years and we have protestors setting up camp in a public square, notfar from where the same exact banks that caused the Great Depressionhave created the Greater Depression. The biggest Wall Street banks havegotten bigger. The Federal Reserve, in collusion with the Wall Streetbanks, has engineered a two year stock market rally, while the averageAmerican has seen their wages decline, food and energy prices soar, homeprices fall, and banks paying them .1% on their savings. Anger anddisillusionment continue to build in this country like a volcanopreparing to blow. Some people are angry at Washington politicians. Someare angry at Wall Street. Others aren’t sure who to be angry at. Theevil oligarchy of bankers, corporate titans, and bought off Washingtonpoliticians that control the agenda and mainstream media, continue toscorn, ridicule and denigrate the middle class of America. Theirfinancial engineering is failing. They’ve gone too far. The debtaccumulation is unsustainable. The mood of the country has darkened andtalk of revolution and the shadow of impending violence is growing.