Monday Open Thread: Wall Street Edition
by PubliusToday, in 1817, the New York Stock Exchange was founded. In its life, it became the financial capital of the world. Senators Chris Dodd and Bob Corker are now negotiating to move that title overseas.







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President scapegoat said bankers are greedy fat cats, but hes not. The Pols talk about how terrrible and unjust the Wall Street bailout was, yet they GAVE Wall St. the money. what a joke
What a great idea! <sarc> Let's just give complete control of the American economy (what's left) to the idiots overseas, who think they know what is best for the USA!! I mean, the rest of the world is doing such a great job with their own economy….How about this:
WE THE PEOPLE take our country BACK from the interfering socialists who would like nothing better than to see the collapse of the USA!!!
It will not be long before our Dollars have a picture of Mao and the Great Wall of China displayed on them, in Red.
WTF i can only come up with 2 guesses as the reason why.. cowardly or malicious.
Wall Street gets no love from Obama. The great bulk of his investments are in municipal bonds, which ironically, are exempt from Federal taxes.
I'm with you.
If Senators Chris Dodd and Bob Corker would like the financial capital of the world overseas perhaps the easiest and faster way would be for them to move there.
I guess these maggots want to Europeanize us completely, no stopping
with the Healthcrap….Enjoy the New World Order!!….There is no pride in
the USA with these traitors……..
London would gladly welcome it. Since the advent of Sarbanes Oxley, a great deal of financial business has already moved across the pond.
London would welcome the opportunity. Since Sarbanes Oxley, a great deal of financial business has already moved across the pond.
Poor Oba-Mao…
He thinks Gordon Gecko is a REAL person and about to really get out of prison… Just like he believes ALL of Olliver Stone's movies are totally real.
Dodd is trying to hae his parting shot at screwing up USA before he is voted out (can't happen soon enough), And Corker needs to be voted out ASAP as he is becoming a real PITA…
Leftists use the word "greed" the same way they use the word "fascist." I have an acquaintance who riffed off "greed" and how Wall Street types are too greedy. I asked him who is to decide when enough is enough for any individual. After a few seconds of sputtering non-response, suggested he provide an exact definition of "greed." At this point, he chose to change the subject.
The destruction must be stopped. We can't wait for 2012! We many not have anything left to save by then. God save America!
Monday Open Thread: Wall Street Edition by Publius: Wall street crash is coming! Watch Glenn Beck, he understands progressives(Marxists)! This will be a manufactured collapse of our society and politically correct America will be saved by their anti-messiah Obama! Marxism eguals Anti-Messiah, ask Karl Marx, he should know in his writings about it! Also, walk down any street in America and tell me if you do not see 40% of white women tied to a black man! This is Israel and we're only going the the BOOK! Watch!
CORKER = RINO … anything involving Dodd is trouble … dam bob and I actually liked you ….now I have to get you gone !!!
Anything that diminishes American exceptionalism and world wide leadership and dominance is a good thing in progressive minds.
They feel like us being humbled will keep us safe, and make everyone like us.
Corker and Dodd are both government loving Washington politicians, Dodd is beating the voters out of the door, leaving on his own volition, Corker sounds like he will need some help Tennessee…release the hounds!
SOROS, not mao
Good point!
Just as most American Companies who became wildly successful, eventually became multi-national
entities, should we really be surprised at this step by the New York Stock Exchange.
I have trouble feeling sorry for the bankers and the business community in general. They always take the path of least resistance when the socialist bullies come along. They'd rather appease in the short run rather than ensure a free market system in the long run. They took bail out money too, a pact with the devil if ever there was one. The devil always wins in those.
Trust is long gone. Reason has left the building. Get rid of them now.
Wall Street is symbolic of capitalism which is per the Merriam-Websters Online Dictionary: "an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market." The key term in this definition is "free market". In America you do not have to participate in the capitalist system; take the Amish, for example. Though they do produce furniture and sell it. Or you can barter/trade your way through life; clumsy but doable. Hell, you can form your own little communist/socialist group within the free market if you so choose. That is what being free is all about. When the government sticks it's overbearing nose into the free market then the problems occur.
The free market/capitalism offers you choices. It is creative and innovative. Neither communism nor socialism are particularly creative; can you name one thing that the old Soviet Union produced that people wanted? Okay, okay, I'll grant that the AK-47 is pretty popular but we all know what that leads to. Communism and socialism stifle creativity, innovation and the human spirit. I'll grant that capitalism has it's warts (fraud, greed, selling people things they really don't need or want). However both communism and socialism are full blown melanomas. For me, I'll choose the free market/capitalism. I can survive the warts, it's the melanoma I fear. Give me more Wall Street.
[...] » Monday Open Thread: Wall Street Edition – Bіɡ Government [...]
Ah, yes. Gordon Gekko ! How quaint ! How utterly last-century !
These days, the appropriate symbol for Wall Street is not Gordon Gekko — it's Bernie Madoff, the King of the Ponzi scheme !
Come to think of it, considering the looming problems of Social Security, Medicare, Medicaid, Federal, State and local public pensions, and the proposed takeover of the health-care system, we should have elected Bernie Madoff President of the United States !
Wait.
Oh my God …
Maybe we did …
not specifically directed toward you keepdad, but you made me curious about the Amish.
I wonder if they participate in the Fed Income Tax system, or if they are somehow exempt?
I'm curious about Singapore, Jim Rogers created his self a big PR storm by moving his bidness
there. Might it be, their tax structure has been set up to be more favorable, than ours?
OMG Oba-Mao is Oba-Madoff! I never thought of that!
I do believe if something does not change History will say he "made off" with America's future…
As for Wall Street and the "market" in general I still believe the Enron, Global Crossing, Fannie Mae, Freddy Mac, Madoff etc. rip-off deals are very much in the minority.
It is tricky for a normal joe like myself to profit in the stock market, but it is not impossible. The keys are education and diligence. You MUST pay attention and study, or the "market" will gladly consume your investments.
I do not think Wall St. is fundamentally evil or all bad.
Congress at least at the moment seems pretty universally BAD though…
Funny you mention that, Dodd is retiring to his residence in Ireland.
Hang in there, Wall St. 2013 may just be a boom.
On a side note…..how about old Rahm Deadfish, the "son of the devil's spawn", assaulting Eric Massa in the nude?
"..They'd rather appease in the short run rather than ensure a free market system in the long run…"
That's been the case in many instances. I don't know why someone would do a drive-by ding down on you but I dinged it back up+
He should have had a little slip in the shower and got a couple of bumps on his head. Had it been me, that's the way it would have happened. Not sure about how he got the towel burns around his neck though. I guess he thinks he's a tough guy, a knee in Johnson would clear his thinking up.
At least Massa's unloading on him now. Yeah, I probably would've given Deadfish a bloodying as well. This just reinforces what the racist Dan Blather pointed out… http://newsbusters.org/blogs/geoffrey-dickens/201...
http://video.thechrismatthewsshow.com/player/?fid...
… that even with thugs like Deadfish assaulting and intimidating folks, along with the LSM, 'entertainment', liblogs and academia, Hussein remains an inept, clueless dolt.
Have to love Chris "The Sycophant" Mathews. He's great for a laugh. His panel of “which way did they go folks” are sharp like rocks and quick like trees as well.
Honest your honor I was trying to help deadfish as he fell and his eye got in the way, that is how he gained the black eye.
And yes your honor, it may be several months before they remove the wires from his jaw so that he can speak for himself. May we have a continuance? LOL
I humbly bow to the master, you have said it all and can not stop laughing.
I humbly bow to the master, you have said it best and can not stop laughing.
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