Wall Street Easy Money

Sam Polk is a former hedge-fund trader and the founder of the nonprofit Groceryships
HES NOT A WRITER, its his story he now works for a nonprofit organization he is not paid to write by the NYT. Originally Posted by bjwstw

no shit sherlock but what they the nyt CHOOSE to publish fits their agenda and their agenda is class warfare socialist bullshit the rich are all evil greedy fucks to get the dumb sheep to vote for socialist agendas so they can create a true ruling class while everyone else is broke with no way to create wealth for themselves

the guys a success story poster boy...a fuckup drunk who through hard work in a country that allows people who are smart enough to work hard at the right thing to amass large amounts of wealth. when barack and his ilk get their way that will soon be impossible for anyone not already part of the elite ruling class just like is already true in much of the rest of the world. because this guy was a fuckup and didnt know what to do with the money is his problem not some deep seeded problem with capitalism

last election was all about class warfare and people are sadly too fuckin dumb to understand those frauds talking social justice are anti-american socialists who want to lead you around by the balls

Anyone who does not trust the New York Times can always turn to the Wall Street Journal to read about outragious salaries and bonuses, insider trading, credit default swaps, foreclosure fraud, and other financial/corporate criminality. Originally Posted by jackfengshui

illegality is something really bothering folks here?

keep on voting for the same people and see how much things change. americans love to bitch but thats about all they do - get angry at op/ed pieces shake their fists then go buy a new big screen and spend any disposable income they have as soon as possible

oh, those folks making all that anti capitalist crap like ol oliver stone and marty scorsese have been the biggest beneficiaries of creative accounting and amassed huge personal fortunes of their own while espousing the nobility of the working man and spewing collectivist nonsense to the brainless. bullcrap hypocrites

Anyone who does not trust the New York Times can always turn to the Wall Street Journal to read about outragious salaries and bonuses, insider trading, credit default swaps, foreclosure fraud, and other financial/corporate criminality. Originally Posted by jackfengshui

It's hard to trust most major media outlets these days. NYT may be the worst.

oh, those folks making all that anti capitalist crap like ol oliver stone and marty scorsese have been the biggest beneficiaries of creative accounting and amassed huge personal fortunes of their own while espousing the nobility of the working man and spewing collectivist nonsense to the brainless. bullcrap hypocrites Originally Posted by Plastic Man

And then you have Al Gore. King of the hypocrites.

I'm all for making it impossible for anyone to make money the way Sam Polk did.

..... and a CEO who builds a company into a $100 billion conglomerate should end up broke in prison over $100 million or so and a shower curtain and a Degas ... so that the real crooks can move in to ride the coat tails.

plastic man we had 8 years of a republican when wall street when down and out on a life line.

Bush gave them a life line on our dime and what did they do??
gave out 1 million dollar bonus to all their big dealers on the market
and barack did the same thing

too much greed on both sides, IT DOESNT MATTER WHAT PARTY IS IN CONTROL THE SHIT IS THE SAME.

u fool you have no idea how and what opinions are chosen at nyt you fool typical libtard bullshit about money corrupting and how nice for mlk day too u fool
enjoy your coming socialism u fool Originally Posted by Plastic Man

Coming socialism? The minute you have taxes, you got yourself a socialism. perhaps you know a way to run a country without any revenue. It's amazing that you don't whine about the socialistic way we contract for defense services.

And then you have Al Gore. King of the hypocrites. Originally Posted by cowboy8055

I'd consider Ryan, Boehner and Mcconnell (and probably yourself) FAR bigger hypocrites claiming to be fiscal conservatives yet spending like drunken sailors during the bush years and running up huge deficits and crashing the economy. I assume you consider Gore a hypocrite for using a tanks of jet fuel to try to save the environment.

It is so easy to change the subject by blaming the media, Hollywood, class warfare, and politicians on either side, but what is lacking in this discussion is anything thoughtful about the reality of the misdeeds of Wall Street and the financial institutions.

I'd consider Ryan, Boehner and Mcconnell (and probably yourself) FAR bigger hypocrites claiming to be fiscal conservatives yet spending like drunken sailors during the bush years and running up huge deficits and crashing the economy. I assume you consider Gore a hypocrite for using a tanks of jet fuel to try to save the environment. Originally Posted by drluv1

I try to stay outta the political BS on here as I have many other places to bitch about it, and try to leave this site for fun... but come'on doc! Yes, Bush did drug coverage expansion, started the cell phone give away, and started running up a huge deficit defending our country (or starting a couple wars.... depends how you look at it) but come on man! Obama & the dems that had total control of Congress and could pass ANYTHING they wanted, did.... and exploded the deficit in the process. If Bush spent like a drunken sailor, Obama spent it like someone with a serious gambling problem. Kinda like his fiscal policy.... all our problems (that of course he inherited) could just be solved if he threw more money at it. Our currency is gonna turn to shit if they continue to print money.... we need to go back to the gold standard, get rid of the manipulative Fed, and have a FLAT tax that is the same for everyone with NO deductions or loop holes. How many pages would that take to print? Law makers should be part time, there should be NO ruling class. One of my biggest fears is that, not that Obama will buck convention and change the Constitution to serve a 3rd term, but that Hillary will get into Office, and afterwards Obama will run AGAIN. (I don't think there is much to stop him from doing it.... think Putin.) As a country were fucked, cuz the takers out number the makers, and will never vote out Santa Claus. Whoever, regardless of Party, promises the most "free" shit, will win.

I am not sure where I will one day retire (if I am ever able) but it may not be in America. I never thought I'd consider that, but I am.

I will get off my soap box, and do my best to refrain from getting on it again. Can't we get back to talking about hot chicks?

It is so easy to change the subject by blaming the media, Hollywood, class warfare, and politicians on either side, but what is lacking in this discussion is anything thoughtful about the reality of the misdeeds of Wall Street and the financial institutions. Originally Posted by jackfengshui

Sorry Jack I was on my rant when you posted that.... I think eliminating the Fed and a flat tax with a gold standard would keep some of the wall street bullshit in check. There are too many loop holes to exploit... why just close loop holes and create more? Flat tax period, zero loop holes.

I try to stay outta the political BS on here as I have many other places to bitch about it, and try to leave this site for fun... but come'on doc! Yes, Bush did drug coverage expansion, started the cell phone give away, and started running up a huge deficit defending our country (or starting a couple wars.... depends how you look at it) but come on man! Obama & the dems that had total control of Congress and could pass ANYTHING they wanted, did.... and exploded the deficit in the process. If Bush spent like a drunken sailor, Obama spent it like someone with a serious gambling problem. Kinda like his fiscal policy.... all our problems (that of course he inherited) could just be solved if he threw more money at it. Our currency is gonna turn to shit if they continue to print money.... we need to go back to the gold standard, get rid of the manipulative Fed, and have a FLAT tax that is the same for everyone with NO deductions or loop holes. How many pages would that take to print? Law makers should be part time, there should be NO ruling class. One of my biggest fears is that, not that Obama will buck convention and change the Constitution to serve a 3rd term, but that Hillary will get into Office, and afterwards Obama will run AGAIN. (I don't think there is much to stop him from doing it.... think Putin.) As a country were fucked, cuz the takers out number the makers, and will never vote out Santa Claus. Whoever, regardless of Party, promises the most "free" shit, will win.

I am not sure where I will one day retire (if I am ever able) but it may not be in America. I never thought I'd consider that, but I am.

I will get off my soap box, and do my best to refrain from getting on it again. Can't we get back to talking about hot chicks? Originally Posted by gaijin1969

I'm really not sure where you're getting your info from. Bush's deficit from his last year in office was 1.2 Billion. Obama may have increased it about $200 at it's worst but in could be argued that given the mess the economy was in ANY president would have had to do some kind of stimulus or whatever. Most of the increase in the deficit in Bush's last budget was due loss of revenue due to people losing there jobs. But bush's $800 or so deficits before the collapse were obscene and those that are presenting themselves as conservatives now, didn't think twice about spending it back then. Lest we not forget that one of the reasons the deficit went up under Obama was that he included the cost of the wars in his numbers, some Bush didn't do because it wasn't "an ongoing expense" or some nonsense. Today's deficit is about half of what was when Obama took office. Obama didn't increase spending other than the first 2 years for the stimulus and in terms of constant dollars, spending is lower than it was when he took office. So exactly where do you get your information?
The fact is that since the time of reagan, republicans have been fiscally irresponsible, much to the detriment of the country.

I'm not answering because Jack said it was off topic. Your numbers suck by the way

Besides, doing the ol' MSNBC-FOX news debate here will change exactly zero people's minds. Certainly I can't argue you one way, or you me the other.

But I will agree, the repubs have sucked in spending since Reagan.... but would counter their just buying votes and lining their pockets.... like damn near all of em do regardless of stripe. Washington needs an enema.