Please Wall Street is controlled by American Oligarchs, look at what Musk did to twitter and its stock! The regular everyday American is controlled by the very few, iie: NRA, Big Oil. I am more concerned about their manipulation of the Stock Market then I am of Crypto. I suggest you look up what a Ponzi Scheme is and look at the Real …
Please Wall Street is controlled by American Oligarchs, look at what Musk did to twitter and its stock! The regular everyday American is controlled by the very few, iie: NRA, Big Oil. I am more concerned about their manipulation of the Stock Market then I am of Crypto. I suggest you look up what a Ponzi Scheme is and look at the Real Estate bubble that is happening again with housing that is inflated.
And the "student loan backed securities" that seem like they were created almost entirely to drive up student loan rates and tie the rest of the economy back into the con, so certainly someone is out there arguing that forgiving student loans will hurt the economy... only in so much as they packaged them into toxic asset packages again and pawned them off on institutional investors, just like with the 2008 mortgage backed securities.
Wall Street's ability to innovate new dysfunctional grifts apparently has no limit, and no self awareness that they are building the same house of cards over and over again with a different deck. Imagine if any of these people used their keen intellect for anything that actually improved society.
In the absence of wisdom, discipline, and self awareness on Wall Street, regulation is needed to stamp down on some of these pipedreams *before* they are turned loose to ruin everyone else's long term economic prospects.
Lucille. Got to see what short sellers like Bill Gates did to Tesla and Twitter stock.
I commented below on Sarbanes/Oxley and Dodd/Frank which should be extended to every market.
"Wall Street" is regulated in the main by the SEC. FTC, Commodity Futures, etc. I heard Sarbanes/Oxley Dodd/ Frank whistleblower cases. The SEC has a bounty program for people who turn in wrongdoing. https://www.sec.gov/news/press-release/2021-177
Also most people don't know that speculators are betting against the market and against stocks and bonds. A puts and calls market exists to even cover future value.
IMHO lobbying is legalized bribery and needs to be criminalized. Markets are a form of gambling, subject to scams.
"Lobbying is legalized bribery." Guess that's why John McCain called it "corruption" when he was campaigning against GWB for the Rep nomination to run for President on the Republican ticket. I changed my registration to Republican so that my vote would count for him, while asking my ancestors to forgive the vote cast out of necessity.
Please Wall Street is controlled by American Oligarchs, look at what Musk did to twitter and its stock! The regular everyday American is controlled by the very few, iie: NRA, Big Oil. I am more concerned about their manipulation of the Stock Market then I am of Crypto. I suggest you look up what a Ponzi Scheme is and look at the Real Estate bubble that is happening again with housing that is inflated.
And the "student loan backed securities" that seem like they were created almost entirely to drive up student loan rates and tie the rest of the economy back into the con, so certainly someone is out there arguing that forgiving student loans will hurt the economy... only in so much as they packaged them into toxic asset packages again and pawned them off on institutional investors, just like with the 2008 mortgage backed securities.
Wall Street's ability to innovate new dysfunctional grifts apparently has no limit, and no self awareness that they are building the same house of cards over and over again with a different deck. Imagine if any of these people used their keen intellect for anything that actually improved society.
In the absence of wisdom, discipline, and self awareness on Wall Street, regulation is needed to stamp down on some of these pipedreams *before* they are turned loose to ruin everyone else's long term economic prospects.
Lucille. Got to see what short sellers like Bill Gates did to Tesla and Twitter stock.
I commented below on Sarbanes/Oxley and Dodd/Frank which should be extended to every market.
"Wall Street" is regulated in the main by the SEC. FTC, Commodity Futures, etc. I heard Sarbanes/Oxley Dodd/ Frank whistleblower cases. The SEC has a bounty program for people who turn in wrongdoing. https://www.sec.gov/news/press-release/2021-177
Also most people don't know that speculators are betting against the market and against stocks and bonds. A puts and calls market exists to even cover future value.
IMHO lobbying is legalized bribery and needs to be criminalized. Markets are a form of gambling, subject to scams.
"Lobbying is legalized bribery." Guess that's why John McCain called it "corruption" when he was campaigning against GWB for the Rep nomination to run for President on the Republican ticket. I changed my registration to Republican so that my vote would count for him, while asking my ancestors to forgive the vote cast out of necessity.