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Old 02-18-2014, 12:59 PM
 
Location: Montreal, Quebec
15,080 posts, read 14,321,575 times
Reputation: 9789

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Quote:
Originally Posted by BoomBen View Post
Wow- you certainly know how to debate an issue.

This is not capitalism by the way. This is fraud and corruption.
You had better not go see The Wolf of Wall Street.
It will give you the vapours and they'll have to carry you out on a stretcher.

Great movie, by the way. True story. It makes comedy skits and men in drag look tame.
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Old 02-18-2014, 01:00 PM
 
8,628 posts, read 9,134,034 times
Reputation: 5978
Quote:
Originally Posted by BoomBen View Post
Wow- you certainly know how to debate an issue.

This is not capitalism by the way. This is fraud and corruption.
Do you have something against fraud and corruption? Who better to know the ways of such endeavours than investment bankers?
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Old 02-18-2014, 01:02 PM
 
4,130 posts, read 4,460,412 times
Reputation: 3041
Quote:
Originally Posted by BoomBen View Post
Are you saying this reporter is making all of this up about what happened at the party?
There was nothing tin foil about reporting the off color jokes and absurd behaviors of the mega wealthy at this party.
I never said it was true or not, just that I don't believe it...and it reads too much like fiction I have seen before to pass my smell test. I have seen other claims about people crashing these parties, including on C-D, and most often there is nothing besides the poster liking the story that proves the story.
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Old 02-18-2014, 01:02 PM
 
3,537 posts, read 2,735,079 times
Reputation: 1034
Quote:
Originally Posted by weltschmerz View Post
You had better not go see The Wolf of Wall Street.
It will give you the vapours and they'll have to carry you out on a stretcher.

Great movie, by the way. True story.
Yup- I have avoided it and knew the story long before this movie and long before "Boiler Room".

The antithesis of what these guys do is not communism by the way.
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Old 02-18-2014, 01:05 PM
 
3,537 posts, read 2,735,079 times
Reputation: 1034
Quote:
Originally Posted by EmeraldCityWanderer View Post
I never said it was true or not, just that I don't believe it...and it reads too much like fiction I have seen before to pass my smell test. I have seen other claims about people crashing these parties, including on C-D, and most often there is nothing besides the poster liking the story that proves the story.
Well it is a reputable media source (New York Magazine), this did not come off of some tin foil website.
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Old 02-18-2014, 01:14 PM
 
8,628 posts, read 9,134,034 times
Reputation: 5978
Quote:
Originally Posted by BoomBen View Post
Well it is a reputable media source (New York Magazine), this did not come off of some tin foil website.
The person in question was being interviewed on many of the popular cable news stations this morning. What I recall him saying was they were cracking jokes about the 99%. Many where in drag as a gag. He was caught taking a picture using his cell phone and then a table mate asked him who he was. He told him the truth and everyone shut up in a hurry. I then left for work.
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Old 02-18-2014, 01:43 PM
 
Location: USA
13,255 posts, read 12,124,530 times
Reputation: 4228
Quote:
Originally Posted by weltschmerz View Post
Now you have something against capitalism?
Here's a thought. How about if the government takes over the banks? Would you like that, or is it too "commie"?
Confusing Wall St. brokers with true innovative entrepreneurs is assanine and an insult.

This country deserves to go to hell in a handbasket if its citizens are too stupid to figure out what's been killing the Economy.
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Old 02-18-2014, 01:59 PM
 
Location: San Francisco
8,982 posts, read 10,460,012 times
Reputation: 5752
Quote:
Originally Posted by Gtownoe View Post
Confusing Wall St. brokers with true innovative entrepreneurs is assanine and an insult.

This country deserves to go to hell in a handbasket if its citizens are too stupid to figure out what's been killing the Economy.
I'm sure weltschmerz will correct me if I'm wrong, but I believe the intent of the earlier post was to lampoon libertarian attitudes toward capitalism, free enterprise, "job creation," "punishing success," etc.

If The Market (hallowed be Its name) can do no wrong, as the free-market fundamentalists would have us believe, then there's absolutely nothing wrong with the shenanigans depicted in the article. Rich people -- having earned every single penny they have through the sweat of their brows -- are entitled to act however they want.
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Old 02-18-2014, 02:13 PM
 
Location: Montreal, Quebec
15,080 posts, read 14,321,575 times
Reputation: 9789
Quote:
Originally Posted by pch1013 View Post
I'm sure weltschmerz will correct me if I'm wrong, but I believe the intent of the earlier post was to lampoon libertarian attitudes toward capitalism, free enterprise, "job creation," "punishing success," etc.

If The Market (hallowed be Its name) can do no wrong, as the free-market fundamentalists would have us believe, then there's absolutely nothing wrong with the shenanigans depicted in the article. Rich people -- having earned every single penny they have through the sweat of their brows -- are entitled to act however they want.
You're not wrong.
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Old 02-18-2014, 02:19 PM
 
78,366 posts, read 60,566,039 times
Reputation: 49646
At least we can all rest easily knowing it was all the banks fault, not the government at all and surely not the people trying to cash in on the exploding real estate market with speculation and then walked away when they got caught upside down.
Or the lady that kept refinancing her house but when the market went south and she couldn't refi anymore and buried in credit card and other debt walked away as well.

Fraud and greed all over the place....not just some bankers.

Wierd how foreclosures were massive in some parts of the country and not nearly so much in others. I guess the bankers were only greedy in certain parts of the country? lol.
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