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Wall Street State of Mind

[Those of you who have never had the grand pleasure of knowing Wall Street people should read this.  That Wall Street only exists because of massive taxpayer give-aways doesn't even enter their minds.  Enjoy this glass of undistilled narcissism -  Mike.]  We are Wall Street. It's our job to make money. Whether it's a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn't matter. We would trade baseball cards if it were profitable. I didn't hear America complaining when the market was roaring to 14,000 and everyone's 401k doubled every 3 years. Just like gambling, its not a problem until you lose. I've never heard of anyone going to Gamblers Anonymous because they won too much in Vegas. Well now the market crapped out, & even though it has come back somewhat, the government and the average Joes are still looking for a scapegoat...continue to full post

Full post as published by Crime & Federalism on April 30, 2010 (boomark / email).