Blue Horseshoe loves Anacot Steel:
Michael Douglas had to field questions Wednesday about the financial turmoil shaking world markets from reporters recalling his role in the 1987 film “Wall Street.”
The actor sought to focus on the subject of Wednesday’s news conference — urging the United States and eight other holdout nations to ratify a nuclear test ban treaty.
Douglas won an Academy Award for portraying the rapacious banker Gordon Gekko, who popularized the phrase “greed is good” in the movie.
After world leaders here condemned the “boundless greed” of world markets, Douglas was asked to compare nuclear Armageddon with the “financial Armageddon on Wall Street.”
But the likening to Gekko did not end there, with a reporter asking: “Are you saying Gordon that greed is not good?”
“I’m not saying that,” Douglas replied. “And my name is not Gordon. He’s a character I played 20 years ago.”
If there’s one thing I’m sure of in this life it’s that Gordon Gekko would never have asked for or accepted a bailout.
Well, ladies and gentlemen we’re not here to indulge in fantasy but in political and economic reality. America, America has become a second-rate power. Its trade deficit and its fiscal deficit are at nightmare proportions. Now, in the days of the free market when our country was a top industrial power, there was accountability to the stockholder.
The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated.
Lunch is for wimps.