Wall Street doesn’t hurt when Main Street bleeds

Discussion in 'Economy' started by JBeukema, Nov 13, 2010.

  1. JBeukema
    Offline

    JBeukema BANNED

    Joined:
    Apr 23, 2009
    Messages:
    25,613
    Thanks Received:
    1,703
    Trophy Points:
    0
    Location:
    everywhere and nowhere
    Ratings:
    +1,705

    read more
     
    • Thank You! Thank You! x 1
  2. uscitizen
    Offline

    uscitizen Senior Member

    Joined:
    May 6, 2007
    Messages:
    45,941
    Thanks Received:
    4,791
    Trophy Points:
    48
    Location:
    My Shack
    Ratings:
    +4,807
    Yep, been saying for years that the myth of if it is good for Wall Street it is good for America is just wall Street sycophant propoganda.
     
  3. Revere
    Offline

    Revere BANNED

    Joined:
    Jan 23, 2010
    Messages:
    7,427
    Thanks Received:
    415
    Trophy Points:
    0
    Location:
    Watching you in my profile page
    Ratings:
    +415
    Would "Main Street" feel better if "Wall Street" was hurting?
     
  4. uscitizen
    Offline

    uscitizen Senior Member

    Joined:
    May 6, 2007
    Messages:
    45,941
    Thanks Received:
    4,791
    Trophy Points:
    48
    Location:
    My Shack
    Ratings:
    +4,807
    The main difference in this recession is the massive bleeding of jobs to offshore.
    The old rules and fixes no longer fully apply. But the experts can't seem to figure that out and keep trying the same old things.
     
  5. Toro
    Offline

    Toro Diamond Member

    Joined:
    Sep 29, 2005
    Messages:
    50,706
    Thanks Received:
    11,045
    Trophy Points:
    2,030
    Location:
    The Big Bend via Riderville
    Ratings:
    +25,031
    Wall Street takes enormous risk make enormous money. The financial system collapses causing unemployment to skyrocket. The government bails out Wall Street with taxpayer money, barely asking for anything in return. Wall Street goes back to making enormous amounts of money. Unemployment stays high.

    Sounds fair to me.
     

Share This Page