Occupy Wall St, the hypocrisy
The Utopic view of the Wall Street protestors, they think they are special. I think they are a bunch of dunces.They have lost the polot on the role of the stock market in the economy, without which there won't be growth to perpetuate the ponzi scheme. A few thousand of these guys, and they think they represent the millions in population....
And this weekend they are going to protest 'globally'. The reality of the world is that there will always be the 'haves' and 'have ots'. If everybody were wealthy, the world would end as we kow it. I heard a comment from a fellow trader that is poignant, "If you have money, everything seems cheap.... if you have no money, everything seems expensive.' Oh, and these protestors are also humanly selfish, they never take account that if financial markets are gone, the traders' livelihood will be gone.
Labels: fkli, index futures
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