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Pondering the dispiriting poverty numbers out this week, Josh Brown asks Wall Streeters to keep...

Pondering the dispiriting poverty numbers out this week, Josh Brown asks Wall Streeters to keep perspective: "We're trading and investing in our own little hamlet, playing at capitalism as the society all around us devolves into a feudal misery-scape just outside the walls of the garden."
Comments (6)
  • spald_fr
    , contributor
    Comments (2686) | Send Message
     
    The European tribal elders have met with our Finance Minister in Poland. He seeks financial Peace in Our Time.
    16 Sep 2011, 06:42 PM Reply Like
  • User 487974
    , contributor
    Comments (1105) | Send Message
     
    Spot on,see my comment at 6:45's "Flow of funds"....
    Jerry
    16 Sep 2011, 09:01 PM Reply Like
  • nightfly
    , contributor
    Comments (1017) | Send Message
     
    Finally a quote from somebody who sees it for what it is.

     

    I guess as long as the never-ending bailouts continue...

     

    And corporations can continue to slash workers and thus grow their profits...

     

    And the answer to too much debt is going more in debt...

     

    The farce of the market can continue for a long while.
    16 Sep 2011, 09:33 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3528) | Send Message
     
    Listen ever to the weak and oppressed for he who shuts his ear to the cry of the poor shall himself cry, and not be heard.
    16 Sep 2011, 10:41 PM Reply Like
  • jstratt
    , contributor
    Comments (2019) | Send Message
     
    It is bad to see what is happening in many ways. On one hand it is sad to see large increases in those below the poverty line.

     

    On the other hand, I have never bought expensive cars, boats, RV's, Motorcycles, Timeshares, expensive vacations... I once went to collect rent from a tenant and found them living much better than I was living with the latest electronics and furnishings.

     

    Instead I worked hard and always saved and invested a portion of my earnings. Most people could do that perhaps by eliminating alcohol, drugs, cigarettes, gambling, bungy jumping.

     

    Life is an investment! Save money to invest! Invest in your health! Invest in educating yourself! If you do life will pay off.
    18 Sep 2011, 07:30 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    Poverty in the US is a government subsidized experience that is not really poverty compared to other parts of the world. Living on the street would be poverty.
    19 Sep 2011, 12:11 AM Reply Like
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