Gary Moore

3rd Ingredientâ„¢, Part 54: Saving capitalism from Wall Street capitalists

Wall Street business model is not capitalism. Gary Moore joins Jim Blasingame to discuss Greg Smith's column in the NY Times about his resignation from Goldman Sachs which is an indictment of modern Wall Street practices.

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Is there a stock market bubble?
Gary Moore joins Jim Blasingame to discuss the current state of the stock market.
Gary Moore joins Jim Blasingame to lament the fact that Wall Street has become merely a leading indicator of itself and that it will probably continue to practice financial capitalism, leaving the Main Street economy out of its plans.
Gary Moore joins Jim Blasingame to discuss the fact that we have the lowest employment rate in 40 years, and whether that level of workers can accomplish dynamic scoring in a growing economy to reduce the national debt.
Gary Moore joins Jim Blasingame to agree with Jim that the current behavior of Wall Street regarding stock prices and why even a growing economy may not trigger dynamic scoring to reduce the national debt.
Gary Moore joins Jim Blasingame to lament the fact that Wall Street has become merely a leading indicator of itself and that it will probably continue to practice financial capitalism, leaving the Main Street economy out of its plans.