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Jul 08 2015

Schadenfreude

The NYSE shutdown prompts irrepressible, apocalyptic glee: “In Zuccotti Park, Goldman Sachs boys build a squatters city out of Hermes gift boxes”

by Scott Timberg, Salon

Wednesday, Jul 8, 2015 02:59 PM EST

“I’m here in FiDi reporting from the front lines of the financial meltdown, wearing a flak jacket woven from golden parachutes #NYSEdown”

In another, “In Zuccotti Park, Goldman Sachs boys build a squatters city out of Hermes gift boxes, communicate in wiggling fingers #NYSE”



What does this all tell us? Well, partly it’s that many Americans hate the stock market and the corporate airlines. The former helped crash the economy a few years back and has for decades siphoned money from the nation at large and sent it to the very richest in a sick reversal of trickle-down economics. The people who work there make enormous sums even while the middle-class works harder and harder and sees its wages stagnate.

The latter has gone from being a bit stodgy but reliable to a hectic and unpleasant way to travel – all the delays and cancellations and the charging for things that used to be free, like baggage, bad food, leg room, and easy check-in. Air travel is now only bearable if you are rich enough to pay for first-class or various kinds of “platinum” treatment – in this way they resemble American life in general.

In other words, both Wall Street and airlines deserve our wrath and mockery. As  the hacker in the sky surveys its next targets, maybe the NSA, Fox News and medical insurance companies will come next.

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