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Wall Street

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  • William
    I expected crowds but the theater was empty. There were no young people but Gordon Gecko summed that up in a lecture in the movie. He spoke to a business
    Message 1 of 1 , Oct 2, 2010
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      I expected crowds but the theater was empty. There were no young people but Gordon Gecko summed that up in a lecture in the movie. He spoke to a business school class and called them losers. They do not have houses,cars or securities they have debt and unemployment. Why would the young be interested in a system that reduced their lives so drastically.
      The show took lenghts to stay away from politics which made it glaringly political. Gecko was the monster of deregulation and out of the joint he went right back to work jerking off the system.
      Thr Federal Reserve meetings on the bail outs were instructive as the big money men begged and threatned themselves into a government financed solvency. Then they had the gall to call their salvation socialism.
      So I culled a direction from this cinematic view of our new world order. I think Obama will get out his veto pen and the drift leftward will dissolve into an endless gridlock. The deregulated business monster is dying a slow strangulation . The new health care and business regulation is starting to have effects.Gecko makes a pithy comment that insurance is like selling cocaine in a school yard. Here in an insurance town I have an advantage of watching what he is talking about.Principal financial group just placed their long term bet. They closed their medical insurance sector. The health care reform bill has scared them away from the sector ,they think they can make more money in annuities and life insurance than in health premiums.
      So We backed away from the abyess as the bubble did not burst. It is just deflating, regressing into choatic disagreement. When you are poor and clueless it is better to stay home and play video games.We have the perfect population for just that. Bill
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