You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Fiscal "cliff"--another reason for Wall Street's mouthpieces to whine about "uncertainty." [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » General Discussion Donate to DU
No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-28-12 11:25 AM
Original message
Fiscal "cliff"--another reason for Wall Street's mouthpieces to whine about "uncertainty."
Advertisements [?]
Edited on Wed Nov-28-12 11:56 AM by No Elephants
Again, I have a news flash for Wall Street. It has no God-given right to certainty and no man can deliver certainty to Wall Street.

There was no certainty just before the crash of 1929, when Wall Street was unregulated. There was no certainty just before Silver Thursday in 1980. And so on.

There was no certainty a few weeks ago before Sandy hit, either.

No one on earth owes you certainty, least of all the poor, the seniors or the disabled of the United States.

Life is uncertain. Put on your big boy or big girl pants and deal with it.

P.S. In Tragedy and Hope, Carroll Quigley said, in essence, that it would be best if Republicans and Democrats were as alike as possible. That way, financial markets could have certainty.

In his freshman year in the School of Foreign Service at Georgetown, future U.S. President Bill Clinton took Quigley's course, receiving a 'B' as his final grade in both semesters.<2> 94, 96

Clinton named Quigley as an important influence on his aspirations and political philosophy in 1991, when launching his presidential campaign in a speech at Georgetown.<2> 96 He also mentioned Quigley again during his acceptance speech to the 1992 Democratic National Convention, as follows:

"As a teenager, I heard John Kennedys summons to citizenship. And then, as a student at Georgetown, I heard that call clarified by a professor named Carroll Quigley, who said to us that America was the greatest Nation in history because our people had always believed in two thingsthat tomorrow can be better than today and that every one of us has a personal moral responsibility to make it so."

Of course, Bill Clinton went on to be both a founding member of the Democratic Leadership Council and the first Presidential candidate to be endorsed by the Democratic Leadership Council, as well as the only Democratic President to urge repeal of Glass-Steagall. (JFK, supposedly Clinton's other big hero, often spoke reverently of FDR, though, and Joseph Kennedy was the one to whom FDR looked to fashion regulation of Wall Street. So, it's hard to fathom how one reveres both JFK and Quigley)

And now, almost the entire Party, local, state and federal, is in DLC mode.
Refresh | +1 Recommendations Printer Friendly | Permalink | Reply | Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC