Is there any benefit to shutting down Wall Street? How will that help anyone to rebuild?
Do the protestors have any realistic goals?
They are protesting the wrong people. Wall Street is Wall Street. Greed will never die. The protestors should band together with the Tea Party and protest in DC. The Glass-Steagall act should be reinstated. Hedge funds should be fully regulated. The SEC should be funded at higher levels for enforcement.
No benefit to shutting down Wall Street, and it won't help anyone rebuild. The problem isn't Wall Street, that's just a symptom. The problem is greed and a lack of personal responsibility. W.C. Fields once said, "You can't cheat an honest man." If you buy something you can't afford, it's your fault regardless of who advised you could afford it. If you invest with greedy people, don't be surprised if they take all your money and run.
by Evan G Rogers 7 years ago
Hey all,Here's a video I stumbled upon that uses *gasp* facts and statistics -- and history -- to illustrate that the current Occupy Wall Street movement is incorrect, naive, hypocritical, and just plain ol' misinformed.Robert Murphy - an economist who is still waiting for Krugman to get off his...
by Stacie L 7 years ago
http://news.yahoo.com/protesters-blocke … 39609.htmlBy Mariano Andrade | AFP 13 hrs agoHundreds of people marched near Wall Street in New York in a failed attempt to occupy the heart of global finance to protest greed, corruption and budget cuts.Plans by protesters to turn Lower...
by Scott Belford 4 years ago
When I saw the film yesterday, I thought it was satire! It wasn't until the credits when I saw the words "Based on the book by Jordan Balfort" did I realize it was an autobiography; my mouth gaped open. To understand the impact, you would have had to seen the film and not...
by TTanglewood 7 years ago
It is interesting that in a time of increased risk of a double dip recession, our politicians have gone on recess without fixing the problems we all currently face.What is the single most important issue you want Congress to focus on when they re-convene?
by pgrundy 10 years ago
This weekend Henry Paulson, Ben Bernanke, and Congress are going to hammer out a way for the US to buy up the bad mortgage debt that is causing turmoil in the markets. The most conservative estimate of the cost of doing this is $500 billion and it could easily run into the trillions of dollars. We...
by ptosis 13 months ago
What does the saying "What's good for Wall Street is bad for Main Street" mean?Often, keeping the share price high and increasing shareholder value must be done at the expense of the Main Street worker.So if the Stock Market is at a all time high salivating over the impending Republican...
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