Sunday, September 21, 2008

COMMENTARY BY HARRY GORMAN #2

STOCK MARKET – “Magical Money Machine”.

It NEVER Reflects True Health of the Economy

Wall Street and its Stock Exchange; a rich man’s luxury

Originally it was designed to finance industry.

Lots of folks invested, to help America grow;

HANG THEM IN THE HALL OF SHAME!

Now, too often, it’s become a gambler’s rodeo.

Today, the market’s up, then thousand-thirty nine,

How quickly we forget the Crash of ‘29

This ‘easy-buck’ assumption is purely self-delusion

Those figures up on the screen are nothing but illusion

Those numbers are supposed to show the health of industry

But, paper profits on a screen won’t feed a family.

Every other day, it seems, we see yet another expensively suited, somewhat subdued financial big-shot being hauled off to court or to jail.

How disgusting! These are among the “pillars of society: -- the well-bred, intelligent, men and women, educated in our most venerable universities where, sandwiched between their classes in business administration, humanities and philosophy - - they picked up the basics of a more sinister skill – GREED.

These are all family men, with expensive homes in upscale communities, manicured lawns, lovely swimming pools with bars attached - - all lorded over by men and even women with SOILED SOULS!

Are these stock market manipulators, predators, and outright thieves good for our ailing economy? . . . NO!

PLEASE do not forgive them, FATHER, for THEY KNOW DAMNED WELL WHAT THEY DO!

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http://www.politico.com/news/stories/0908/13690.html

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