I think the money for the solutions for global poverty is on Wall Street. Wall Street allocates capital. And we need to get capital to the ideas that are successful, whether it's microfinance, whether it's through financial literacy programs, Wall Street can be the engine that makes capital get to the people who need it.
That Wall Street has gone down because of this is justice ... They built a castle to rip people off. Not once in all these years have I come across a person inside a big Wall Street firm who was having a crisis of conscience.
You can't manage Wall Street. Wall Street has its own viewpoints on everything. I have always believed, if you manage your business correctly, Wall Street will take care of itself.
The welfare state corrupts family life. Even Democrats have acknowledged the destructive consequences of the welfare state on the underclass. It has rendered vast numbers of male unnecessary to females, who have looked to the state to support them and their children (and the more children, the more state support) rather than to husbands. In effect, these women took the state as their husband.
The welfare state is institutionalized crime - 'organized plunder,' as the French economist Frederic Bastiat called it. It systematizes what is intrinsically wrong: forcing some people to support others. The Democrats favor the indefinite expansion of the welfare state, perpetually increasing the ratio of force to freedom in society.
Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.
The very welfare state the Occupy Wall Street protesters so eagerly applaud is what has saddled Greece with colossal debt and left its economy on the brink of collapse, igniting violent protests across the nation.
I imagine the Wall Street protesters would embrace Greece's unusually generous benefits and massive welfare state, which were put in place by Socialist Prime Minister Andreas Papandreou in the 1980s.
To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties.
The dirty little secret on Wall Street: Eighty percent of the Wall Street executives' and their spouses' donations go to Democrats. It's like they've got some kind of little sweet deal, where we'll call you fat cats and demean you and stuff, but you will get richer than your wildest dreams.
I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.
Wall Street owns the country. It is no longer a government of the people, for the people and by the people, but a government for Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master…Let the bloodhounds of money who have dogged us thus far beware.
My father was a banker, and my mother worked for the state government.
No man can control Wall Street. Wall Street is like the ocean. No man can govern it. It is too vast. Wall Street is full of eddies and currents. The thing to do is to watch them, to exercise a little common sense, and … to come out on top.
We ought to say, "Occupy Wall Street, not Iraq," "Occupy Wall Street, not Afghanistan," "Occupy Wall Street, not Palestine." The two need to be put together. Otherwise people might not read the signs.
If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all.