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To: unspun
maximize megastockholder profits at Americans' expense.

Actually, here's a question for you: Whom do you know who doesn't have some form of 401k or related investment in the stock market? All this 'Wall Street is evil' rhetoric just seems stupid when everyone's got large investments in Wall Street's success. And as I'm sure it's going to come up, I have no investments in Wall Street.

7 posted on 01/02/2008 8:19:13 PM PST by kingu (No, I don't use sarcasm tags - it confuses people.)
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To: kingu
Actually, here's a question for you: Whom do you know who doesn't have some form of 401k or related investment in the stock market? All this 'Wall Street is evil' rhetoric just seems stupid when everyone's got large investments in Wall Street's success. And as I'm sure it's going to come up, I have no investments in Wall Street.

I said "megastockholder profits at Americans' expense." The 401k and IRA folks like you and me are manipulted by them, just like employees (and ex-employees) are (e.g., Enron, Worldcom, etc.).

Wall Street is not the problem. The lack of checks and balances vs. amoral, un-American boardroom barons and VC manipulators is the problem.

"Power corrupts and market manipulators bring down American wages in favor of Chinese sweatshops."

12 posted on 01/02/2008 8:26:53 PM PST by unspun (God save us from egos -- especially our own.)
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