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I think the issue here is not that Wall St. should be closed down but rather that it should be better regulated, and when in doubt, regulations should air on th
by partoa 15y ago
I think the issue here is not that Wall St. should be closed down but rather that it should be better regulated, and when in doubt, regulations should air on the cautious side. No one has a problem with success, even if they don't make a dime from it. The issue here is when people who never shared in the profit, not even in the form of taxes, pick up the bill for all the losses ( http://en.wikipedia.org/wiki/Privatizing_profits_and_socializing_losses http://en.wikipedia.org/wiki/Privatizing_profits_and_sociali... ).