Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Wall Street execs are not 'fat cats'

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
rpannier Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 06:46 PM
Original message
Wall Street execs are not 'fat cats'
They are Robber Barons

Interesting that Teddy Roosevelt and the Progressives at the turn of the 19th-20th Century warned us about Monopolies and Corporations that get too powerful.

Yet here we are.

Amazing to think that in the mid-to-late 19th Century and very early 20th Century the Republican Party were the liberals.
Printer Friendly | Permalink |  | Top
MrModerate Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 06:48 PM
Response to Original message
1. In my world of insults, very little separates . . .
"Fat cats" and "robber barons." What distinction are you drawing?
Printer Friendly | Permalink |  | Top
 
rpannier Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 06:51 PM
Response to Reply #1
4. Robber Barons carries a more negative conotation
Fat Cats is a softer version and can mean someone with a lot of money who doesn't do much of anything -- nothing good or ill.

Robber Barons however carries a more negative connotation in the eyes of many people because there is no way to soft peddle their behavior.
Printer Friendly | Permalink |  | Top
 
MrModerate Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:21 PM
Response to Reply #4
16. OK, but there's a kind of swashbuckling connotation to "Robber Baron" . . .
That "fat cats" can't equal. I guess I think of robber barons as more evil, and fat cats as more contemptible.

You pays yer money and you takes yer choice.
Printer Friendly | Permalink |  | Top
 
MikeNearMcChord Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 06:48 PM
Response to Original message
2. I would use the word Plutocrats, but in this day of framing
Economic Elitists would sound much better.
Printer Friendly | Permalink |  | Top
 
MADem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 06:49 PM
Response to Original message
3. I was gonna say they're more like obese, hypothyroidic lions...
But Robber Barons works, too.

Your comment about the Republicans is apt. It's important not to become complacent. If they flipped once, they can flip again. And really, unless they want to continue down Hate Road and Greed Avenue, they're going to have to find some way to stay relevant.

We'd do well to stay on guard and on point.
Printer Friendly | Permalink |  | Top
 
KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:02 PM
Response to Reply #3
9. still sitting here watching your signature line kitty
LOL!
Printer Friendly | Permalink |  | Top
 
MADem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:18 PM
Response to Reply #9
14. He's a bit hypnotic.
So's this one!

Printer Friendly | Permalink |  | Top
 
MilesColtrane Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 06:55 PM
Response to Original message
5. Why parse words?
"Parasitic shit bags" works for me.
Printer Friendly | Permalink |  | Top
 
Trajan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 06:58 PM
Response to Original message
6. I was thinking about the excesses of the 'fat cats' today ...
Edited on Sun Feb-15-09 07:28 PM by Trajan
We hear much where I work about 'value', and whether an activity or purchase is 'value-added' ...

We run a 'Lean Electronics' shop, where Lean, 5S and Six Sigma are all implemented to reduce waste and improve the bottom line as best as possible.

(They are not overly generous with worker wages and compensation, but workers do well enough there to stay)

In any case, I hear nothing about our corporate management going on junkets or expensive retreats, nor do I hear of marvelous office complexes with mahogany panels or guilded fixtures ...

They are lean from top to bottom .... And I appreciate that the top tier also adheres to the same maxims they wish every employee to abide ....

Then: I hear of these different banking organizations, using corporate funds to pay for these expensive retreats, and I wonder : Where is the value added ?

What value is it to stockholders when CEO's and other officers spend profits on richly appointed rooms and extravagant meals, if only to satisfy their own vanities and lusts for the accouterments of wealth ?

These are NOT lean operations, and such expenditures are WASTE ... They are NOT 'value-added', and the stockholders should can any outfit that spends thusly ...
Printer Friendly | Permalink |  | Top
 
Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:21 PM
Response to Reply #6
17. Additionally, your company produces something whereas banks and financial institutions
only extract. The best model I can think of to compare them to is the Mafia, they sell what they do not own or pay for and demand perpetual profits for doing so.


Printer Friendly | Permalink |  | Top
 
ClassWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 06:59 PM
Response to Original message
7. What's wrong with "criminals?"
:shrug:

NGU.

Printer Friendly | Permalink |  | Top
 
tsuki Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:01 PM
Response to Original message
8. Sorry, they are not Robber Barons. The original Robber Barons
built something, like US Steel, Pullman Company, Standard Oil.

These guys are Pirates that raid existing companies. They are not builders.
Printer Friendly | Permalink |  | Top
 
H2O Man Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:02 PM
Response to Reply #8
10. The term was
originally in reference to those involved in the railroad business.
Printer Friendly | Permalink |  | Top
 
Joe Chi Minh Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:12 PM
Response to Reply #10
13. Amost right H2O! How about the Norman upper class in the Middle Ages?
Edited on Sun Feb-15-09 07:13 PM by Joe Chi Minh
Or maybe the robbery bit was just understood.
Printer Friendly | Permalink |  | Top
 
rpannier Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:08 PM
Response to Reply #8
11. Pirates is a good word nt
Printer Friendly | Permalink |  | Top
 
MrModerate Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:22 PM
Response to Reply #8
18. Ghouls, perhaps? Cannibals? n/t
Printer Friendly | Permalink |  | Top
 
Joe Chi Minh Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:10 PM
Response to Original message
12. I've been saying for a while now, they're sharks, not cuddly fat cats - unless
you're a journalist. of course it's a great euphemism for those who received multiple warnings in the Gospels and Epistles. Not to speak of the Old Testament.
Printer Friendly | Permalink |  | Top
 
pansypoo53219 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-09 07:20 PM
Response to Original message
15. swine.
won't say pigs. greedy MBA swine.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Dec 26th 2024, 07:26 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC