General Discussion

Tigress DEM

(7,887 posts)

40. Wall Street is a place of exchange. Lots of little folk are in the game now too.

Wed Sep 19, 2012, 09:16 PM

Sep 2012

What the problem has been is the willful manipulation of the commodities and speculation that blows people's profits away and the constant demand for higher and higher profit margins quarter after quarter in order to have a positive stock price for companies.

Maybe we SHOULD replace it with an "Investment Market" where the goal is to build solid companies and get consistent return on the investment and once paid out with a profit, then it's done. Instead of this constant up and down bit.

Kind of like the micro loan concept but on a larger scale.

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Brilliant insight buried deep within the comments on the Sydney Morning Herald [View all] XemaSab Sep 2012 OP

Sadly accurate about Obama and Wall St., as well... villager Sep 2012 #1

I totally agree. Douglas Carpenter Sep 2012 #2

Dead on. aquart Sep 2012 #3

Disagree. YES vote AGAINST Romney, but still FOR Obama. Tigress DEM Sep 2012 #4

Thank you, TigressDem! Cha Sep 2012 #6

Exactly. speedoo Sep 2012 #8

No it doesn't...... daleanime Sep 2012 #9

The PEOPLE can replace Wall Street. We can run the country and the economy ourselves. Ken Burch Sep 2012 #36

Wall Street is a place of exchange. Lots of little folk are in the game now too. Tigress DEM Sep 2012 #40

I don't think it's brilliant at all. Cha Sep 2012 #5

I suppose that you'd rather people who would vote _against_ Romney just abstain then? Fumesucker Sep 2012 #11

Not at all. I just prefer people vote with the truth in mind. Tigress DEM Sep 2012 #25

Pom Poms HangOnKids Sep 2012 #29

The candidates both need to take on the bankers, instead of siding with them 7wo7rees Sep 2012 #7

Like Obama did in 2010? Tigress DEM Sep 2012 #24

On-line "activism" JNelson6563 Sep 2012 #10

You can tell people that live in blue areas.. Fumesucker Sep 2012 #12

The person who wrote the OP lives in Australia XemaSab Sep 2012 #13

I gathered that given the comment was in the Sidney paper. Fumesucker Sep 2012 #15

What? JNelson6563 Sep 2012 #39

That is true. ananda Sep 2012 #14

Well, Romney is making that quite easy. Tigress DEM Sep 2012 #26

"Because he is running capitalism" is not a criticism, it is a bit of information quaker bill Sep 2012 #16

As long as it is US Policy to represent Capitalism to the world we will have this. Spitfire of ATJ Sep 2012 #17

You would think so, wouldn't you? But the fact that we/they haven't yet makes me wonder. Egalitarian Thug Sep 2012 #20

They're getting a glimpse of it already,... Spitfire of ATJ Sep 2012 #21

Actually what we represent to the world is less important politically quaker bill Sep 2012 #23

That's the thing I mentioned before. During the Cold War America,... Spitfire of ATJ Sep 2012 #30

Damn XemaSab Sep 2012 #31

If the work ethic has gone down it's because the reward is lacking,... Spitfire of ATJ Sep 2012 #37

Precisely quaker bill Sep 2012 #45

Interesting point quaker bill Sep 2012 #41

It was also the hypocracy and the laughability of the language. Spitfire of ATJ Sep 2012 #42

There was corruption and hubris, no doubt quaker bill Sep 2012 #43

One thing you have to admit,.. Spitfire of ATJ Sep 2012 #44

post 23 and 30 PowerToThePeople Sep 2012 #38

This really is brilliant. Maybe send to Rachel, David Corn, etc.? OneGrassRoot Sep 2012 #18

Pretty stupid shit I just read there,,,, trumad Sep 2012 #19

lol... OneGrassRoot Sep 2012 #22

You miss the first three paragraphs? XemaSab Sep 2012 #28

Nope---I just hate false equivalency. trumad Sep 2012 #32

Interesting assessment. n/t porphyrian Sep 2012 #27

Kicked and recommended. Uncle Joe Sep 2012 #33

Even were Rmoney to win, he doesn't get to change the voting system to be like that of corporations treestar Sep 2012 #34

Mitt clearly believes that "the people who OWN the country ought to govern it". Ken Burch Sep 2012 #35