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Do We Really Need Wall Street?

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posted on Apr, 16 2009 @ 07:11 AM
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Okay folks, here's how desperate the international bankers are getting and have gotten! They are trying to dupe americans into thinking that if they let us have some sort of a say-so over the critters on wall st, via some kind of an oversight committee, then things are gonna be all better, things will be real hunky dory, and the american people, that is, the ones left who have a job, will just pour the rest of their money into the pockets of the wall st vultures! There is no type of committee that can oversee anything on wall st that will have control anything when it's still the international bankers that are controlling the money! Now, if the bankers on wall st really want to give americans a say-so over their business dealings, how about letting us control our own money by abolishing the fed, and printing our own currency, and then having an oversight committee be appointed by congress and let it be somebody not affiliated with the tri-latteral commission, the cfr, and the bilderbergs! Then, if they are really serious about letting us oversee their dealings, allow us to audit the books of the IMF, World Bank, and the World Conservation Bank for Third World Nations! This concept of true oversight would last as about as long as a fart in church!

articles.moneycentral.msn.com...
Why Wall Street is unnecessary
The traditional money center is being bypassed by the Internet, and investors seem eager to embrace alternatives to staid financial institutions.

By Jim Jubak
MSN Money
Do we need Wall Street?

I don't think so.




posted on Apr, 17 2009 @ 12:11 AM
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I was considering not dignifying this assertion with a response, but i feel one is warranted. Yes, Wall Street is necessary to the economy. Without private funding via stocks, all businesses would rely on government loans to conduct business. If all private companies are forced to take government loans, then the government has a say in how said companies are ran and the government is remarkably horrible at running businesses.


TheAssociate



posted on Apr, 17 2009 @ 01:07 AM
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Do we need wall street? For now... How else would businesses be able to raise capital? Money isn't real, it's a medium of exchange. Unfortunately right now it's a necessary evil. It's not like you really could go to work and be paid in beef, clothes, beer, gas and toothpaste. No you get money which you trade for other things. So buisnesses need to raise money to expand and continue to operate, otherwise we wouldn't be getting paid.



posted on Apr, 17 2009 @ 01:26 AM
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reply to post by oneinthesame
 





Unfortunately right now it's a necessary evil.


How is the stock market evil? There is absolutely nothing immoral about investing in companies for personal gain. What is evil is collectivism and the notion that businesses are there for anything but creating wealth. I don't know what foreseeable future you're predicting where Wall Street is no longer necessary, but i want no part of it.


TheAssociate



posted on Apr, 17 2009 @ 01:36 AM
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uuuuuuuuuuuhhhhhhhhh

yeah we do brother

unless you want obama really running things around here



posted on Apr, 17 2009 @ 01:47 AM
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reply to post by TheAssociate
 


Sorry, I wasn't trying to say that investment in the markets is evil, just that the way we are using dollars, that are backed by nothing, printed by a private bank (FED) to invest in wall street. We have to invest to maintain our wealth because of inflation. Everytime the fed prints money our money is worth less than it was. Go into the future with 100 dollars and see what it will buy you 50 years from now, not much. Our money should belong to us, and we should be able to invest in whatever we want with it IMO.



posted on Apr, 17 2009 @ 06:46 AM
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reply to post by TheAssociate
 
Sorry, but NO we don't need wall street! They were the ones who caused this problem, and now youre gonna let the fox guard the henhouse? JFK created and signed EO 11110 that allowed the usa to print it's own currency and become independent of the federal reserve. Then he was killed, and on the plane back to DC, LBJ recinded that EO after he was sworn in as president! Obama has not picked the first employee of his cabinet from anywhere but wallstreet. Nobody from any type of business at all! Small business, the automotive industry, nobody with any business experience at all, except for wall street. Now what does that tell ya?



posted on Apr, 17 2009 @ 04:33 PM
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reply to post by thewind
 


If there were no wall street, from where do you expect businesses to obtain their capital? More government bailouts?




They were the ones who caused this problem


No, what caused the problem was government regulations forcing banks to give loans to people who could never have paid them back.

The regulation of free enterprise, NOT free enterprise itself caused the economic collapse. And now you're being duped into believing that MORE regulation is the solution.


TheAssociate



posted on Apr, 17 2009 @ 07:01 PM
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reply to post by TheAssociate
 
No, what caused the money problems was the "money-changers"! The federal reserve controls the money and is above the law of any gov't agency in the usa, and I have Alan Greenspan on video saying this! Now, he who controls the money, controls how the game is played! There would be NO need for any kind of bailout is the american currency was controlled by our own congress instead of an "outside" entity. The fed controls how much money gets loaned, the interest rates per loan,the rate of capitol gain, and the final say-so over all hedge funding and derivatives that are bought and sold globally. This is why debt is "bought" and sold, as to protect the "fictitious" value of the fiat currency! As far as more regulation goes, you don't send the fox to guard the henhouse, and this is exactly what Obama has done by selecting Geithner for the position he did. You don't put the people who caused this collapse in positions to monitor the next one coming!



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