InvestorLlew

Former Employee of Credit Suisse First Boston (CSFB), now a full time Real Estate and Stock Market Investor. I also run a RE/Stock Options School at http://www.analyzebusiness.com It is my opinion that Wall Street and it's Cronies in Government has knowingly set up the financial crisis and has reaped the benefits while everyone else suffered.

Where I differ from most people is that I also put most of the blame to those that have enabled Wall Street, which are the Shareholders. Today's shareholders generally are looking to do one thing, buy low and sell high, make a profit. Who cares if the banks are raping their customers as long as their share prices rise and makes me a profit. Those are the ACTIVE Investors. Most Active investors these days don't take a long term interest in a Company or Sector. Therefore, they don't care about their shareholder power to influence management, etc. A high majority don't even bother to read the Proxies or financial statements or economics surrounding it. There just isn't any real long term investment interest and therefore, the Executives have full reign on their pay and policies, no matter how absurd that might be.

The real system that needs to be changed is the system that forces Citizens to be investors because they really don't want to be Active and Long term Investors.

Wall Street has built a Chicken Coop and all the people with a 401k are the Chickens. The bankers are the foxes pretending to be the caretaker of the Chickens. In the end, the foxes know that each chicken that volunteered to come into the Chicken Coop to play the 401k Game are going to be eaten up when the foxes are hungry.

At first, only a few Chickens were eaten up so that no one noticed. Then the Foxes became more and more confident that the Chicken Coop is inescapeable. So they threw off their disguise of being pro-Chicken and just started slaughtering the Chickens, getting even more fat on them.

That's where we are now, except that there are a lot of others that have been affected other than those that have a 401k. That includes the students who took out Student loans and cannot discharge them if they can't find a job. By being able to go bankrupt, they are informing the education system, including Sonnie Mae, the Government Lending Institution, that there is something wrong with the education in America. If they don't go bankrupt, then it SEEMS like everything is fine. So what is happening now is that you have a lot of people that have become Indentured Servants for life, teethered to their Student Loan debt.

I have a lot to write, but this will suffice for now!

Joined Oct. 29, 2011