A stock trader admits THEY LOOK FORWARD TO another big recession because they make a lot of money #OccupyWallStreet

‘I Go To Bed Every Night And I Dream Of Another Recession’ - ThinkProgress

While European government and financial leaders are scrambling to prevent a financial crisis in the Eurozone that would likely throw the global economy into even more turmoil, stock trader Alessio Rastani took to BBC today to tell the world that traders were looking forward to the possibility of a second big recession. “For most traders, it’s not about – we don’t really care that much how they’re going to fix the economy, how they’re going to fix the whole situation,” he said. “Our job is to make money from it.” Rastani, who also claimed “Goldman Sachs rules the world,” said, “Personally, I’ve been dreaming of this moment for three years…I go to bed every night and I dream of another recession. When the market crashes… if you know what to do, if you have the right plan set up, you can make a lot of money from this.” 

Wall Street bankers like Rastani, meanwhile, are large donors to the GOP’s presidential frontrunners, who want to repeal the Dodd-Frank financial reform law that was aimed at preventing another financial crisis like the one that wrecked the American economy in 2008.

The Few profiting off the misery of the Most: extend the tax cuts for the wealthy and give spending cuts to the rest of us. Deregulate and hoard what you can — let them eat cake!  Something to keep in mind when you wonder if you should get yourself to a voting booth in 2012.


image: sarahlee310

Related:

BBC’s Being Human

I recently discovered Being Human (BBC version) on Netflix and love it.  (I specify the BBC version because apparently there’s an American remake that sucks.) As the title suggests, Being Human is more about what it means to be human than the fact that the three main characters are a vampire, a ghost, and a werewolf. 

I’m not a fan of the current vampire genre at all.  But Aiden Turner in the cliché role of sexy vampire works and not just because of his pretty face. He does an excellent job with the humor which, I think, would be more difficult for an actor than the smoldering, angry vampire parts.  

And, omg, that Irish accent…

Watch:

Being Human BBC Cast

Japan Thursday

BBC: 1351: Andrew Dickinson, in Hiroshima, writes: “Today a shopkeeper who overcharged me for some fruit cycled to the bus station on the off chance of finding me to pay me back. Japanese spirit and kindness remains strong.”

BBC: Some US military personnel in Japan have received potassium iodide tablets to help counter any radiation exposure and the US has urged American citizens living within 80km (50 miles) of the Fukushima complex to leave; Japan’s own exclusion zone is only 20km.

NPR: Update at 7:20 a.m. ET: Crews Focus On Danger From Reactor Cooling Ponds: NPR’s Chris Joyce tells Morning Edition workers are trying to refill the ponds that hold old nuclear rods at Fukushima Daiishi Reactors Three and Four. The water is gone. Chris says the exposed rods are dangerous and create a lot of heat, so they must be submerged again. Four helicopter drops and two attempts with water cannon have failed to fill the pools.

CNN: [9:19 a.m. ET Thursday, 10:19 p.m. Thursday in Tokyo] Aftershocks of magnitudes 5.6 and 5.9 shook the east coast of Japan’s main island of Honshu on Thursday night, according to the U.S. Geological Survey.

CNN: [9:12 a.m. ET Thursday, 10:12 p.m. Thursday in Tokyo] A worker from the damaged Fukushima Daiichi nuclear plant has been blogging about those workers now battling to prevent a meltdown at the facility, according to The Straits Times in Singapore. On its website, The Straits Times says it has translated the worker’s blog. The nuclear plant staff “continue to work even at the peril of their own lives,” the worker writes.


Guardian.uk: 9.59am (6.59pm JST): My colleague, Ian Sample, has passed me the International Atomic Energy Association’s round-up of reported injuries at the Fukushima complex, released earlier this morning. It says that two people are missing while 23 suffered injuries. More than 20 people are believed to have been exposed to radiation:

Injuries
2 TEPCO employees have minor injuries
2 subcontractor employees are injured, one person suffered broken legs and one person whose condition is unknown was transported to the hospital
2 people are missing
2 people were ‘suddenly taken ill’
2 TEPCO employees were transported to hospital during the time of donning respiratory protection in the control centre
4 people (2 TEPCO employees, 2 subcontractor employees) sustained minor injuries due to the explosion at unit 1 on 11 March and were transported to the hospital
11 people (4 TEPCO employees, 3 subcontractor employees and 4 Japanese civil defense workers) were injured due to the explosion at unit 3 on 14 March

Radiological Contamination
17 people (9 TEPCO employees, 8 subcontractor employees) suffered from deposition of radioactive material to their faces, but were not taken to the hospital because of low levels of exposure
One worker suffered from significant exposure during ‘vent work,’ and was transported to an offsite center
2 policemen who were exposed to radiation were decontaminated
Firemen who were exposed to radiation are under investigation

Meanwhile, Rush Limbaugh is telling his brain dead Dittoheads that the media is exaggerating the nuclear disaster in Japan. Makes you wonder just how many shares in nuclear power plants must be in Rush’s stock portfolio. But the RWNJs will tell you that NPR is the problem…