dagblog - Comments for "$4 Gas: Brought to You by Wall Street"

Exactly, NCD. Been a long

Red Planet — Fri, 09 Sep 2011 14:27:08 +0000

Exactly, NCD.

Been a long time (or was it ever?) since Wall Street was all about efficiently distributing capital to the most productive enterprises.

Our best and brightest these days flock to the street to learn how to game the system.

Once they aspired to be engineers, now they wallow in hedge fund slime.

All those trillions 0%

NCD — Fri, 09 Sep 2011 14:15:48 +0000

In reply to $4 Gas: Brought to You by Wall Street

All those trillions 0% dollars Bernanke has been giving to the big Wall Street firms for years has to be put to use somewhere where they can 'game the system', and its not gonna be used to create jobs, or used in reducing mortgages or putting people into the millions of empty homes in the country.

At first glance, I suspect

Beetlejuice — Fri, 09 Sep 2011 10:32:17 +0000

In reply to $4 Gas: Brought to You by Wall Street

At first glance, I suspect the old Need vs. Greed axiom at play here. I believe the same is true with crop futures too ... hold back basic, raw food supplies to see prices rise as demand is literally fed by hunger.