So, Obama thinks Wall Street is 50% of the economy?

[il Padrino Ute]

I'd like to see where he gets this info.

http://news.yahoo.com/s/ap/20090503/...bama_economy_2

He wants the private sector to not play as big of a role as it has in the past.

No, he's not a socialist.

[ChinoCoug]

Originally Posted by il Padrino Ute

I'd like to see where he gets this info.

http://news.yahoo.com/s/ap/20090503/...bama_economy_2

He wants the private sector to not play as big of a role as it has in the past.

No, he's not a socialist.

LOL. So il Pad things Wall Street is 100% of private sector? I'd like to see where he gets this info. No, he's not a socialist. He's not a Muslim.

But assuming you're serious, il Pad, this means he is reining in the Oligarchs. Finance cannot drive prosperity. Sectors like Silicon Valley that really increase our standard of living by making things more efficient can.

<Thunderous applause from Chino>

[ChinoCoug]

"I actually think that's healthy. We don't want every single college grad with mathematical aptitude to become a derivatives trader. We want some of them to go into engineering, and we want some of them to be going into computer design."

Rock on, Mr. President!

[Cali Coug]

Originally Posted by ChinoCoug

LOL. So il Pad things Wall Street is 100% of private sector? I'd like to see where he gets this info. No, he's not a socialist. He's not a Muslim.

But assuming you're serious, il Pad, this means he is reining in the Oligarchs. Finance cannot drive prosperity. Sectors like Silicon Valley that really increase our standard of living by making things more efficient can.

<Thunderous applause from Chino>

lol! But Chino- that means he is a socialist! After all, the definition of socialist is a person who doesn't believe Wall Street comprises 100% of the economy!

And Il Pad wonders why I say he doesn't know what the word means.

[Tex]

Originally Posted by ChinoCoug

Rock on, Mr. President!

Yeah. That's really a decision we want politicians making.

[il Padrino Ute]

Originally Posted by ChinoCoug

LOL. So il Pad things Wall Street is 100% of private sector? I'd like to see where he gets this info. No, he's not a socialist. He's not a Muslim.

But assuming you're serious, il Pad, this means he is reining in the Oligarchs. Finance cannot drive prosperity. Sectors like Silicon Valley that really increase our standard of living by making things more efficient can.

<Thunderous applause from Chino>

I'm not sure what you're talking about Chino. I quoted Obama as saying that Wall Street is 50% of the economy and then pointed out that he wants the private sector to play a smaller role.

[ChinoCoug]

Originally Posted by il Padrino Ute

I'm not sure what you're talking about Chino. I quoted Obama as saying that Wall Street is 50% of the economy and then pointed out that he wants the private sector to play a smaller role.

He only said Wall Street will play a smaller role, and Silicon Valley a bigger role. If he's saying he wants the private sector to play a smaller role, that means Wall St = private sector.

[il Padrino Ute]

Originally Posted by ChinoCoug

He only said Wall Street will play a smaller role, and Silicon Valley a bigger role. If he's saying he wants the private sector to play a smaller role, that means Wall St = private sector.

Why did you say that I think Wall Street is 100% of the private sector?

[ChinoCoug]

Originally Posted by il Padrino Ute

Why did you say that I think Wall Street is 100% of the private sector?

Obama: I want to reduce significance of Wall Street.
Il Pad: Obama says he wants to reduce significance of private sector.
Transitivity: Wall Street = private sector.

[ChinoCoug]

Originally Posted by Tex

Yeah. That's really a decision we want politicians making.

Hats off to you for driving prosperity in this country. But that's a straw man because politicians (and I despise them too) aren't gonna make that decision. They're gonna erect regulations that will make Wall Street careers less lucrative.