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The fact that the wall street 'protesters' are occupying 'Wall Street' illuminates their mindless fascination with cheap parlor tricks. It was Washington DC who gave all of Our money, Present and Future - to Wall Street, and the Banks, Foreign and Domestic. Wall Street Did Not Steal It, It was Given To Them by the Political. (30 Trillion as of a few years ago through the means of Bernanke buying their worthless mortgage paper and putting it on the Fed's balance sheet. When the heat is off in a decade or so, it will be flushed because it will never be worth anything. And this is a long way from over. Europe is just getting started and we are all connected at the hip bone.)
Anyway, I don't include Past money, as we each had the opportunity to protect that money. This is hardball after all and if you don't know that, please know it now. No one other than you and maybe your Mother and Father are interested in the Protection of your money. Everyone else will do anything and everything to get it. And no-one in Washington DC even cares if you die tomorrow. Most of them like that idea actually, especially if your estate is valued in the realm where they have decided it is reasonable for them to take 50+ percent of it. Money and assets that have already been taxed. Supposedly not possible to tax money that has already been taxed, but hey, we're dealing with Coke Addicts here.
These protester idiots should be surrounding the capitol building and the Federal Reserve, but like the children they are, they gravitate to the 'shiny thing' the magician holds to the side to capture their attention - Wall Street and Broad. Personally, I'd say most of those [wall street] people are just like us - out there trying to make a living for themselves and family with the occasional Madoff CSer tossed in, but certainly those Madoff bastards are in the minority. Pathetic. But these [protesters] Are children after all.
Let's forget my judgement and opinion. Let's say the 'wall street protesters' are righteous, intelligent, well informed folks on a righteous mission. They won't accomplish anything. The big money runs the world. It is the way it is. You aren't going to get Loyd Blankfein (CEO of Goldman) to resign. At the end of the day, Goldman Sacs will still have their super computer(s) sitting within inches of the exchange computers so they can siphon off large sums of money each and every trading day because they have the advantage of beating out electrons coming from much further than a few feet away. It's called High Frequency Trading if you didn't know and want to check it out.
Furthermore, at the end of the day, the big banks will still be around because selling houses is the main driver of the economy. And since few of us can swing buying a house without a mortgage, those people will always be around.
As usual with 'protesters' - their 15 minutes of fame will dry up and this rock will be same as it ever was. Same as it ever was.
Oh, catch my last post if you haven't yet. Pretty cool stuff on robots.
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