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02-09-2009, 07:11 PM
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Things that can't go on forever, don't.
Status:
"the buck stops somewhere over there"
(set 8 days ago)
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Join Date: Jan 2007
6,450 posts, read 2,148,392 times
Reputation: 1608
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confirmation for those who think wall street is fixed
there is actually a government agency whose sole purpose is to "stabilize" the financial market / wall street (obviously using taxpayer money to do so). the name of this agency is the president's working group on financial markets.
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02-09-2009, 07:36 PM
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Senior Member
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Join Date: Apr 2008
Location: Arizona
2,059 posts, read 1,397,123 times
Reputation: 519
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of course its fixed, but its fixed for the large businesses that play in the wall street field. The CEO makes a call and the stocks go up and down depending on what he wants, but I thought thats normal.
Seeing as a company is controlling its own stock success. Why would i think anything else?
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02-09-2009, 07:42 PM
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Senior Member
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Join Date: Sep 2007
Location: Great State of Texas
11,537 posts, read 4,333,379 times
Reputation: 2336
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The PPT has been in existence since Reagan. Glad to see some people waking up though and "seeing the light".
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02-09-2009, 07:49 PM
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Things that can't go on forever, don't.
Status:
"the buck stops somewhere over there"
(set 8 days ago)
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Join Date: Jan 2007
6,450 posts, read 2,148,392 times
Reputation: 1608
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i do think we are becoming aware of how we are being duped by both wall street and the government working in tandem currently. even though our government has been telling us that we would make money on the bailout, it is certainly easy enough to see that bank of america and merrill warrants are down 88% since the bailout......
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02-09-2009, 07:53 PM
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Senior Member
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Join Date: Feb 2007
2,934 posts, read 2,069,501 times
Reputation: 1195
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The banksters in the caymans are having the time of their lives with all the bailout money we gave them.
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02-10-2009, 06:19 AM
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Senior Member
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Join Date: Jan 2007
Location: Londonderry, NH
12,422 posts, read 6,010,743 times
Reputation: 3934
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Forget the bailout money. What about all the folks that played by the rules and invested 15% of their gross income for the last 40 years. These are the people that have been cheated out of their accumulated wealth. From the streets point of view this wealth has been properly transferred from the investors to the speculators.
Mission accomplished.
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02-10-2009, 08:06 AM
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Senior Member
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Join Date: Jun 2007
Location: Rockland County New York
2,989 posts, read 1,104,897 times
Reputation: 1057
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Fixed? Perhaps if people want to believe it but I doubt it. We took money from peter who is currently nine years old and gave it to his grand parents paul and mary. There is more pork in the bail outbill to say that our government has not changed one bit, even in face of terrible economic times. Maybe I am getting ahead of myself. Washington and Wall Street wants us to think happy happy things even in the face of job losses and personal economic ruin. So please every one please put on a smiley face, or else.
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02-10-2009, 08:13 AM
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Senior Member
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Join Date: Aug 2007
Location: Fort Myers Fl
1,226 posts, read 608,390 times
Reputation: 345
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I have no complaints, Wall Street treats me very well. I have always believed instead of complaining about someting find out how it can benefit you.
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02-10-2009, 08:23 AM
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Senior Member
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Join Date: Jun 2007
Location: Rockland County New York
2,989 posts, read 1,104,897 times
Reputation: 1057
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Quote:
Originally Posted by thebigr
I have no complaints, Wall Street treats me very well. I have always believed instead of complaining about someting find out how it can benefit you.
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Even if it means another generation will be paying the price? Its the "All about me" attitude that got us to this point. |
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