Quote:
Originally Posted by icenine
Wall Street is the banking capital and heart of our economy. Why do you think both Bush and Obama saved it?
You and I are partners in the system. You do not even realize it.
I am not against regulation but if we were to go in and try to demolish the banks it may drive even more businesses to leave us for other shores in even greater numbers.
By the way the youth vote did not help Bernie in Nevada yesterday. Not enough to win anyway.
The government gives a tax subsidy to home owners who buy houses with credit supplied by banks (Wall Street). These banks receive loans from the Federal Reserve (discount rate) so as to make loans and create money so as to stimulate the American economy. If you own a home you are a partner with the banking system (Wall Street).
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I am a participant in the system, not a partner. Partner implies that I either have a vested interest or a say in how the business operates. You are beginning to sound like a politician.
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The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite. Thomas Jefferson
Last edited by Rajoo; 02-21-2016 at 11:23 AM.
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