hehe, I love this Wall Street – Main Street thing. There is no better indicator of Americans having no idea how their economy operates than the WS-MS comparison.
Wall Street is simply a place where people exchange their money for a stake in a company or loan their money to a company for profit. Wall Street does not mean “fat cats”, it means regular Joe’s retirement plan, IRA, savings, etc. The “fat cats” are the only side in this mess than can afford to take the no-bailout hit – if you have 5 houses and have to sell one of them, it’s no big deal. But average Joe would be the one paying for this WS-MS political game.
Let’s not forget that the “fat cat” is the one signing your check every month. Without the “fat cat” there will be no paychecks :hattip: