General Discussion
In reply to the discussion: Chelsea Clinton Buys A $10.5 Million Apartment On Madison Square Park [View all]bluestate10
(10,942 posts)I agree, there are plenty of good people on Wall Street. But most of those good people earn their money while not contributing much to the overall economy before some of them are lucky enough to get stints as appointees in government agencies. Many on DU decry Wall Street people being appointed to government jobs, but those people have political philosophies, especially the liberal ones, that cause them to have a great yearning to come in and provide the appointed brains that shape policy and, I argue, overall make the country better.
I prefer hanging out with venture capitalist over Wall Street people. Venture Capitalists by and large create new services and products and as a result create high paying jobs where there were none. But even the group that I feel most comfortable with has many bad people mixed in among the good.