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Showing posts with the label Wall Street

The Obamas' Marriage

One year is an age in politics. As President Obama nears one year since his historic win, I wonder if anyone is still hopeful of revolutionary change in Washington. The New York Times article that looked at the Obamas' marriage provides instructive insights as to who they are as individuals. http://www.nytimes.com/2009/11/01/magazine/01Obama-t.html As far as the issue of bringing revolutionary change to Washington is concerned, that's a different issue ... We live in this media saturated world where every little issue is maginfied out of all proportions. So, if anything truly revolutionary were to take place, people who are affected would react so vociferously to it that the media would project that as if Armageddon was at hand. For example, I believe that "Wall Street" should be a backwater of America and the industrial heartland of Detroit and Flint and the many factory townships across Pennsylvania and the Mid-West should be the true prioneers and leaders. Everyone...

Smart People Destroyed Wall Street

This is another short and sweet analysis of the Wall Street malaise as well ... http://www.nytimes.com/2009/10/14/opinion/14trillin.html Of course, you could argue that what this really says is that it was an excessive abundance of money or opportunity to make money using financial gerrymandering which led to this outcome.