Reply #85: So if wall street disappeared

[Egnever]

you think that 40% of the total of all corporate profits would magically reappear in the pockets of some other corporation? And how do you figure that people working on wall street and in financial institutions aren't working people? Or that the wealth they produce doesn't add to the national wealth any more than wealth produced from raising cows for instance?

Or are you trying to say that the only wealth produced is through manufacturing and all other services are just drains on our society?

There is no question that wall street has destroyed a large chunk of the nations wealth recently however that wealth was all on paper to begin with so has anything really been destroyed?