Thursday, May 14, 2009

greed is good

GREED IS GOOD

Wall Street is one huge casino market for the whole world to have access to gamble. When it comes to gambling, there are many different styles and attitudes when it comes to playing hands and money. In this case it would be dealing with your business, stocks, where, how, and when you place your money. For most people, “money talks” and greed does over power. Unfortunately they don’t think about other people and how it may affect them. They become selfish and they’ll do whatever and however it takes to get what they want and to the top no matter how or who they step on. To keep it real, that’s how and where corruption gets developed and spreads quite rapidly. On the other hand you have the people that have morals and have a conscious and they play it safe to where they don’t harm themselves. This situation will never end. It only gets worse from here. There are so many people out there that will do anything for a buck.
For example, and lets just say that his intentions were good and trying to help by coming up with a solution to help people get approved by coming up with the R.E.I.T. solution. That’s just giving him the benefit of the doubt. Now I’m sure by him creating the reit act he was well aware of the cause and effect outcome that would occur later on down the road. But all he can see was $$ signs on what he can do and get with what he created. Then greed gets involved and he gets paid a bonus worth 300 billion dollars. While the majority of Las Vegas is suffering in depression and a lot of homes are being lost and taken away because the home owners who couldn’t afford their homes before cant afford their homes now. Which creates debt for not just them but for banks and the rest going down the line.

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