NP - New Speedway

[Ian Livingston]

Alice, Alice, Alice.
Ever the binary Alice.
All for or all against.
Is reform the same as abolition?
Well, for me, you are nearly right. I think the government and wall
street should fall together as they have lain so long. The best
bridges were built before wall st. had any clout.

On Sun, Oct 2, 2011 at 6:05 AM, alice wellintown
<alicewellintown at gmail.com> wrote:
> The article in the Times is almost  fair. But, as usual, the spin is
> to blame Wall Street. Are people so naive, as to believe that Wall
> Street is a simple as these articles and best selling books suggest?
>
> Millions of major projects get financed by a governments with the help
> of Wall Street.
>
> The article suggests that Wall Street cooks up crooked strategies to
> help corrupt politicians rip-off the citizens. This is distortion.
>
> You need lawyers, bankers, scientists, accountants, and government  to
> make a deal. Politicians can't do it without Wall Street. Get it? You
> don't get bridges, power plants, schools, without wall street. When a
> government needs help raising money or structuring a deal, or making
> decisions in the complex and dynamic capital markets, it needs wall
> street. What does Obama know? Nothing. Well, he knows he needs all
> those wall street guys around him if he is to do his job.
>
>
> If the politician are corrupt, and in Greece there is not an honest
> one, they must take the blame not wall street. No one elects wall
> street so why let the press blame an industry for what elected men and
> women must be held accountable for? If wall street men and women broke
> the law, they too must pay.
>
> Wall Street, btw, is a term that is not so easy to define, but means
> not a few block in NYC or even the financial or banking industries who
> have home offices in NYC, but a global financial industry. After 9/11
> the NY Wall Street lost tons of markets and deal making. Do you think
> the European Banks felt so sad for the US firms as to not rush in and
> grab the business the US firms could not handle post-9/11? Itz shark
> infested waters, don't get a hang nail. On 9-11 the US Wall Street had
> its head blown off. It's still looking for grey matter in the dust and
> debris. BUt the rest of the world rushed in and too business away and
> it aint never coming back.
>
> So NY Wall Street, leaner, a bit meaner, desperate in parts, is taking
> more risk, The world markets, if you haven't noticed, set volatility
> records weekly. Itz shark infested waters.
>
> The sad irony, is in the darkness that has to give. But it won't give
> as long as we continue to look at this thing as US & Them. In NYC,
> wall street is the heart of our economy. It won't give if our kids
> protesting down on wall street  don't know about Tiananmen, and how
> tank man was murdered and why the students in that square were reading
> Jefferson not Marx and why they erected paper mache models not of Mao
> or of the Eiffal Tower, but of lady liberty. There she still stand,
> not far from wall street. The two, a seeming con tradition, are Them
> and US.
>
> The darkness got to give; it descended on this city on this nation on
> 9-11. It won't lift less we stop pointing fingers and that can't
> happen without leadership and a clear message. Where do we go from
> here. Hint: not to wall street.
>
>
>
>
>
>
> http://www.nytimes.com/2010/02/14/business/global/14debt.html?pagewanted=all
>



-- 
"Less than any man have I  excuse for prejudice; and I feel for all
creeds the warm sympathy of one who has come to learn that even the
trust in reason is a precarious faith, and that we are all fragments
of darkness groping for the sun. I know no more about the ultimates
than the simplest urchin in the streets." -- Will Durant