“Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.” YearsLevelsEconomyStreetsDangerousWallPercentFinancialBillionsProductiveGamblingSpeculationDeficitFees Author:Bernie Sanders
“Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.” LongMovingIndividualTermEconomySeeingStreetsRight NowConcernedRateLong TermInvestorsInflationMarketplace Author:Franklin Raines
“Business has to have capital.I think Wall Street is a necessary ingredient of the global economy, you've just got to keep people realizing that helping clients is the most important thing, not helping yourself.” PeopleThinkingImportantHelpingRealizingEconomyStreetsWallImportant ThingsIngredientsClientsGlobal EconomyHelp Yourself Author:John Kasich
“The much-maligned price system works not only to secure supply but to conserve. [...] Profits and prices are the street signs of the economy. Only fools flout them.” EconomyStreetsFoolProfitSecure Author:Ilana Mercer
“The Occupy Wall Street collective is confused about what it wants but it wants it now! Some of the loonier demands from its independent thinkers: Striking all existing public and private debt from the books across the "entire planet"; elimination of all international borders; free college education; a guaranteed "living wage" for all regardless of employment; an end to free trade; trillions in additional spending for infrastructure and ecological restoration; and ending the fossil fuel economy.” WantBookEndsEconomyStreetsCollegePlanetsWallDemandIndependentTradeInternationalDebtSpendingEmploymentBordersConfusedFuelCollectivesThinkerFossilsInfrastructureRestorationFossil FuelEcologicalEliminationFree TradeCollege EducationLiving WageOccupy Wall StreetFuel Economy Author:Mike Rosen
“And when we used to play and fight in the streets in Brooklyn and I would get hurt or something, my mother would always come out and save me. So that sort of postponed the inevitable about getting a good beating, without having somebody to come and save you.” PlayUsedMotherFightingHurtEconomyStreetsInevitableBrooklynSave Me Author:Sanford I. Weill
“Oh, I'm all about small business. I think what we've learned from big business and big Wall Street is that unchecked greed and the creation of false value gets us all in trouble. If we look at the American economy, who's really creating value? It's the small businesses.” IfsThinkingLooksBigsValuesEconomyTroubleStreetsCreationWallCreatingGreedSmall BusinessBig BusinessAmerican EconomyCreating Value Author:Robert Herjavec
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind--no matter how ultimately profitable or otherwise successful some of them might prove to be--there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.” NeedsKindIdeasSometimesMatterUseMightGrowsBusinessCitiesEconomySuccessfulImpossibleStreetsBuildingProveErrorsTrialsConstructionNew IdeasProfitableVigorousExperimentationOverheadOld IdeasOld Buildings Author:Jane Jacobs
“If you like what Wall Street did for the housing market, you'll love what Wall Street is doing for commodities. Goldman's ability to influence any portion of the price for a key component of the industrial economy is simply unacceptable.” IfsLoveAbilityEconomyInfluenceStreetsWallKeysPortionsCommodityComponentsHousingHousing Market Author:Carl Levin
“My money buys me the freedom not to be a member of the corporate structure. And I certainly don't feel guilty or hypocritical about that. The way our economy is set up, if you don't want to be a corporate moron and you don't want to be enfeebled in the streets, you must earn enough to know that you'll never have to go to them for money.” IfsKnowsWayWantFeelsEnoughEconomyStreetsMembersStructureGuiltyCorporateMoronHypocritical Author:George Carlin
“The stock market is but a mirror which provides an image of the underlying or fundamental economic situation. Cause and effect run from the economy to the stock market, never the reverse. In 1929 the economy was headed for trouble. Eventually that trouble was violently reflected in Wall Street.” RunningCausesSituationEconomyTroubleEconomicStreetsEffectsWallMirrorsFundamentalsReverseCause And Effect Book:THE GREAT CRASH 1929 Source: THE GREAT CRASH 1929
“I think one of the most important skills of a local organizer of a local economy is an ability to put on a terrific street party.” ThinkingImportantAbilityPartyEconomyStreetsSkillsLocalsTerrificOrganizer Author:David Korten