Quotes About Wall Street

Bill Clinton's political formula for seizing the presidency was simple. He made money tight in the ghettos and let it flow free on Wall Street.

The attorney general of the United States had just admitted, in front of a room full of reporters, that he asks Wall Street for advice before he prosecutes Wall Street.

despite "the ease with which US corporations can walk away from their creditors is breathtaking," no such leeway or adjustment exists when it comes to nations and their governments. The intent is to subordinate government power to Wall Street and London bankers.

What are the odds that people will make smart decisions about money if they don't need to make smart decisions--if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they're still all wrong.

The CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold.

But from the start it also was apparent that the Trump administration could just as easily turn into a country club Republican or a Wall Street Democrat regime. Or just a constant effort to keep Donald Trump happy.

The severity of the Wall Street crash, he argued, was not due to the unrestrained license of a freebooting capitalist system, but to government insistence on keeping a boom going artificially by pumping in inflationary credit.

It is only occasionally shaken up, as when the Occupy Wall Street movement of recent years shone an embarrassing light on the financial sector and the grotesque separation between the 1 percent and the 99 percent. And then the media giants find new crises and the nation's inherited disregard for class reboots, as the subject recedes into the background again. An

Regardless of the overall state of the economy, there is now a large enough elite made up of new multi-millionaires and billionaires for Wall Street to see the group as "superconsumers," able to carry consumer demand all on their own.

In the way that everything on Wall Street was rank-ordered, with a heavy overlay of social class, trading was a lower activity than what Morgan Stanley did, the province of smaller and, to be frank about it, Jewish firms, in the same way that having clients who were in retailing or media, rather than industry, was lower, and also Jewish.

Unless a company has an economic moat protecting its business, competition will soon arrive on its doorstep and eat away at its profits. Wall Street is littered with the dead husks of companies that went from hero to zero in a heartbeat.

Wall Street had financed the Bolshevik revolution. Anyone who still believes that the revolution was spontaneous should read Chapter 22, "Bolsheviks' Benefactors," in The True Story of the Bilderberg Group, by Daniel Estulin.