[dfwgator]

Nah, Wall Street is the engine of the Deep State, they will never kill the Golden Goose.

[amnestynone]

Which is why they deserve to be taxed out of existence.

[PeterPrinciple]

Nah, Wall Street is the engine of the Deep State, they will never kill the Golden Goose.

---

Not intentionally.

https://cdn.mises.org/the_vampire_economy_20201022.pdf

THE Berlin Stock Exchange still exists-as a building,
as an institution with large offices, with brokers and
bankers, with a huge organization for daily announcement of stock and bond quotations. But it is only a
pale imitation of its former self and of what a stock
exchange is supposed to be. For the Stock Exchange
cannot function if and when the State regulates the flow
of capital and destroys the confidence of investors in
the sanctity of their property rights.

....................................

for the totalitarian State does not allow the private
investor to judge for himself the kind of investment he
wants to make, the reliability of the debtor and the
prospect of the debtor’s willingness to fulfill his financial obligations. This is the outcome of State dictatorship on the capital market.

[RoosterRedux]

I spent my career on Wall St. It is not the engine of the Deep State. It is purely opportunistic to the point that even senior management doesn't always know what is going on right under its nose.

Take a look at the movie "Margin Call" sometime. That's a perfect example of how senior management is in the dark about its own operations.

My own boss sometimes told me laughingly, I don't know what you do and I don't want to (as long as you generate a big cash flow legally and in ways that don't damage the firm).