The text below is a copy of an email that has been circulating among Wall Street companies and news publications for the last four – five weeks. No one knows who originally wrote it, but the comments that’s been made shows clearly that the letter represents what many people in the financial industry thinks, but are afraid to say.
“Go ahead and continue to take us down, but you’re only going to hurt yourselves. What’s going to happen when we can’t find jobs on the Street anymore? Guess what: We’re going to take yours.”
The email that’s been circulation on Wall Street lately contains, in fact, almost the exact same message that the CEO of Goldman Sachs, Lloyd Blankfein, provided in a interview published by the British newspaper The Sunday Times November 8. last year: “If the financial system goes down, our business is going down and, trust me, yours and everyone else’s is going down, too.”
As I pointed out then; he’s probably right.
But most media got hung up in one of his other statements: “I’m just a banker. Doing God’s work.”
Anyway, here it is, without further comments, the message from the moneymakers on Wall Street to all the average Joes on Main Street:
We are Wall Street. It’s our job to make money. Whether it’s a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn’t matter. We would trade baseball cards if it were profitable. I didn’t hear America complaining when the market was roaring to 14,000 and everyone’s 401k doubled every 3 years. Just like gambling, its not a problem until you lose. I’ve never heard of anyone going to Gamblers Anonymous because they won too much in Vegas.
Well now the market crapped out, & even though it has come back somewhat, the government and the average Joes are still looking for a scapegoat. God knows there has to be one for everything. Well, here we are.
Go ahead and continue to take us down, but you’re only going to hurt yourselves.
What’s going to happen when we can’t find jobs on the Street anymore? Guess what: We’re going to take yours. We get up at 5am & work till 10pm or later. We’re used to not getting up to pee when we have a position. We don’t take an hour or more for a lunch break. We don’t demand a union. We don’t retire at 50 with a pension. We eat what we kill, and when the only thing left to eat is on your dinner plates, we’ll eat that.
For years teachers and other unionized labor have had us fooled. We were too busy working to notice. Do you really think that we are incapable of teaching 3rd graders and doing landscaping? We’re going to take your cushy jobs with tenure and 4 months off a year and whine just like you that we are so-o-o-o underpaid for building the youth of America. Say goodbye to your overtime and double time and a half. I’ll be hitting grounders to the high school baseball team for $5k extra a summer, thank you very much.
So now that we’re going to be making $85k a year without upside, Joe Mainstreet is going to have his revenge, right? Wrong! Guess what: we’re going to stop buying the new 80k car, we aren’t going to leave the 35 percent tip at our business dinners anymore. No more free rides on our backs. We’re going to landscape our own back yards, wash our cars with a garden hose in our driveways.
Our money was your money. You spent it. When our money dries up, so does yours.
The difference is, you lived off of it, we rejoiced in it.
The Obama administration and the Democratic National Committee might get their way and knock us off the top of the pyramid, but it’s really going to hurt like hell for them when our fat asses land directly on the middle class of America and knock them to the bottom.
We aren’t dinosaurs. We are smarter and more vicious than that, and we are going to survive.
The question is, now that Obama & his administration are making Joe Mainstreet our food supply…will he? and will they?
Here’s some of the comments that’s been posted in relation with this email:
“It’s marvelously written!”
“We’ll if Wall Street keeps making stuff up to trade that doesn’t really exist they will be trading baseball cards in the future because there will be nothing left to trade. Yeah, like a mortgage backed by a “No Doc” loan, now that’s really worth something – Give it a AAA rating and sell it…no one will know the better until its too late!”
“I’m happy someone on Wall Street has some common sense! Pure unadulterated capitalism. Not what I would prefer, but it’s what’s best for America at this point. Now if only we spent more…”
“When we have an economic system based on consumption, we all become the eaten or the eaters. We’ve been consuming ourselves for some time now. We will either change or we will die. Wall Street is another Ponzi game that is coming to an end. Main Street must become local, sustainable, and caring.”
“I worked on Wall Street for a summer, and was surrounded by people like this. I think I made a good choice moving to Silicon Valley!”
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