2016 Postmortem
Related: About this forumHillary networks on Wallstreet because they produce products that we consume, so that makes
Them stronger. Hillary Clinton understands the importance of a Wall Street whereas Bernie Sanders does not.
hobbit709
(41,694 posts)"Money and power are one."
Armstead
(47,803 posts)hellofromreddit
(1,182 posts)They're the seat of a large portion of the financial industry. And while the financial industry is helpful for industry and agriculture, it is not industry and agriculture.
scscholar
(2,902 posts)They're just leaches.
lumberjack_jeff
(33,224 posts)The only thing they produce is money. Specifically they create money when someone agrees to borrow it.
But they don't create the interest they demand in exchange for this piece of paper. They issue an ever growing pile of debt to service that interest.
elleng
(130,991 posts)Wall street is a street in lower Manhattan that is the original home of the New York Stock Exchange. The street is the historic headquarters of the largest U.S. brokerages and investment banks. Many have since relocated to other areas of Manhattan and the United States. Wall Street was named after the wooden wall Dutch colonists built in this area in 1653 to defend themselves from the British and Native Americans.
2. The collective name for the financial and investment community, which includes stock exchanges and large banks, brokerages, securities and underwriting firms, and big businesses. Some people believe that the interests of these big firms contrast those of smaller businesses, or "Main Street."
http://www.investopedia.com/terms/w/wallstreet.asp
The_Casual_Observer
(27,742 posts)any corporation's goods or services.
Maybe they can find a drum circle in a dark cave someplace.
Seeinghope
(786 posts)And make all of the decisions about the lack of pay, benefits and working conditions for the PEOPLE that make the products.
Bernie is against the CEO and other 1% people who use the populace to do the work for them......don't you read or listen to his full speeches?
The_Casual_Observer
(27,742 posts)CEOs to be kinder and gentler?
It's as if Bernie were some kind of genie or something. It's incredible that anyone would swallow his nonsense.
Seeinghope
(786 posts)blocking progress for something to go forward. Then the people can contact the Congressmen... Senators... THE PEOPLE would become more involved. They Congressmen and Senators could get voted out of office. With the people being involved things can change. The one thing about Bernie Sanders he doesn't say "I will". He says "We will". That is the difference. We the people....
ibegurpard
(16,685 posts)It's a ponzi scheme that cannibalizes actual companies that DO produce things to continue to pay unsustainable and ever-escalating payouts to shareholders and CEOs. It is the economic equivalent of cancer.
nc4bo
(17,651 posts)Have some Mitt Romney type hedge fund bankrupt their employment and sell it off for more profits and have their promised retirement benefits gobbled up by some greedy corporate fuck on wallstreet.
Bernie, because Fuck That Shit.
Response to Seeinghope (Original post)
NRaleighLiberal This message was self-deleted by its author.
Seeinghope
(786 posts)those speeches on Wall Street to network because Wall Street produces the products and services that we consume. I was somewhat flabbergasted. So I decided to make a post and say what they said to see what your reactions would be. Thank you because they pretty much were like mine. Except I was more shocked and somewhat speechless for a minute or two which isn't too common for me.