Blog 17

           Today I read an article about greed on Wall Street. This article really helped me see just how much greed can affect the stock market. One of the arguments in this article was how greed was one of the key contributors to our recent economic decline we have experienced lately. It talks about how the greedy bank investors, lobbyist, and corrupt politicians and their greed is a big factor in the economic meltdown. Just the first paragraph showed how dangerous greed can be. Greed of individuals has caused economic problems for the entire United States and even other countries that were hurt by the recent economic downturn. It just seems crazy to me that individual greed can cause harm to an entire nation. Although greed isn’t the only reason for the downturn but it played a big role in the so-called “depression”. The recent depression wasn’t the only topic of the article. It did talk so about greed on Wall Street with investor which kind of ties in with the depression. But It also talked about how people have been greedy in Wall Street and in other economic areas for as long as they can remember. Reading this article kind of alarmed me and made me somewhat mad. Reading about how investors, who already have way too much money, were a major contributor to the economic downturn. It also shows just how dangerous greed can be and how it affects everyone. Now that I have read this article I have found some good real life connections for my paper.