Wall Street ‘Greed’? It’s Good — Despite Liberal-Leftist Deceptions

Written by William Pauwels on January 21, 2014

Uninformed Liberal-Leftists like to attack Wall Street – describing investors as greedy, self-serving, exploiters of the middle class and the poor.

This is an unfortunate practice by many journalists and commentators, who do not understand the importance of investment mobility in the American Free-Enterprise Economy.

If Americans did not have a cost-effective market in which to buy and sell securities, people would be reluctant to invest. Economic growth, job creation, and business formation and expansion would be stifled.

It is precisely because an investor can quickly and cost effectively dispose of his/her holdings via the NYSE, AMEX, Nasdaq, etc. that people are willing to invest their excess funds in the world economy.

These Wall Street activities are key to the success of the American Free-Enterprise System – the American-Way – the American Prosperity Machine.

Pass this on. Help your family, friends and neighbors understand what makes America’s Free-Enterprise System the envy of the world – the greatest economic success in global history.  Don’t let the de facto Marxist/Fabian-Socialist/Radical-Leftists trash another American institution.

Image: Courtesy of: http://www.flickr.com/photos/thenails1/3407072012/

William Pauwels
William A. Pauwels, Sr. was born in Jackson Michigan to a Belgian, immigrant, entrepreneurial family. Bill is a graduate of the University of Notre Dame and served in executive and/or leadership positions at Thomson Industries, Inc., Dow Corning, Loctite and Sherwin-Williams. He is currently CIO of Pauwels Private Investment Practice. He's been commenting on matters political/economic/philosophical since 1980.