I personally think that Wall Street carries too much weight in our country. Companies have become blind to long term goals, and seem to only live for that quarterly report and whether or not they make or exceed the estimates some brokerage house or investment firm has labeled them with.

Wall Street is not corporations or companies, it is investment bankers, Hedgefund Managers, and Traders, people that make money with educated guesses, luck, or inside information. These people don't create anything except larger fees for their clients to pad their own pocket books.

I am writing about companies like Lehman Brothers....remember them? Everyone on this board, including me, gets all up in arms when we talk about a fee that BOA levies against a Debit Card. But when people protest the banks and corporations that took bailout money and continue to treat the public like crap, we go and defend those companies as part of the capitalist ideal? Isn't a government bailout of a private corporation a socialist action, not unlike the socialist ideal that we need to take care of the poor and out-of-work?

All that said Danny Westneat has an interesting take on all of this, and says that the 99% have their math all wrong.


Danny Westneat
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A veteran - whether active duty, retired, or national guard or reserve - is someone who, at one point, wrote a blank check made payable to "The United States of America," for an amount of "up to and including my life."