A famous road across southern Manhattan which is the physical and figurative heart of the New York City financial district where the stock market exchanges are located. The term “Wall Street” can also refer figuratively to the collective set of commercial banks, brokerages, insurance and investment companies with a nationwide scope, even though they are not located on that particular street. It stands in contrast to the figurative concept of Main Street, which refers to locally owned small businesses in smaller cities and towns.
In the 1600s Dutch settlers built a wall in Manhattan to guard against Indians and pirates. A nearby path became a commercial center because the path joined the East River on one side with the Hudson River on the other. Soon merchants built shops and warehouses along the path, and then a city hall and church were constructed. New York City became national capitol from 1785 until 1790. Federal Hall, where George Washington was inaugurated, was located on Wall Street.
In March, 1792, 24 leading merchants met at Corre’s Hotel to launch a securities (stock) business in order to win business back from auctioneers, and on May 17, 1792, they signed the Buttonwood Agreement requiring them to trade securities only among themselves and avoid the auctioneers. This became the New York Stock Exchange, later built at 11 Wall Street.
Today there is sometimes a political tension between the interests of Wall Street and Main Street. For example, Main Street was reluctant to support the $700 billion bailout authorized by Congress in the Financial Crisis of 2008.
Historically, populists, agrarians, and liberals have been quite hostile to Wall Street, as typified by Thomas Jefferson, Andrew Jackson and William Jennings Bryan. However, since the end of World War II, Wall Street has aligned itself with liberalism and globalism. For example, under President Bill Clinton, leading Wall Street financiers played a major role in shaping economic policies, especially Robert Rubin, his Treasury Secretary. Wall Street is often seen by conservatives as representing crony capitalism, rather than a true free market. However, even though it is aligned with liberalism and globalism, among other leftist groups, there was still some animosity towards Wall Street by leftists, such as Occupy Wall Street.1
Financial busts and booms are engineered by the global elite to maximize profits. As with all other industries, the heads of both major banks and the regulatory bodies meant to keep them in line with the law are Cabal members. These entities work together to raise and lower the stock market at will, making money at every turn, while bankrupting the unsuspecting sheeple who’ve socked away their life savings. Of course, all of this is linked to the ancient “International Banking” clans, perpetuating a conspiracy that involves everything and everyone.
Chronological History of Events Related to Wall Street
Report: Facebook Eliminates 93% of Traffic to Top Conservative Sites — Stocks Plunge 24%
George Soros at The World Economic Forum in Davos: ‘I Will Take Down President Trump’ for the New World Order
Top investment fund manager for George Soros ‘ran human trafficking enterprise in which he raped, electrocuted and imprisoned women in NYC sex dungeon’, lawsuit claims
Goldman Sachs Fined $6 billion to Settle Faulty Mortgage Claims from the 2008 Financial Crisis. No Worries! They got $13 Billion in Taxpayer Bailout Funds
The Occupy Movement Begins and Almost Ended a Month Later with an FBI Assassination Plot
Hunter Biden-Linked Company Received $130 Million in Special Federal Bailout Loans via Cayman Islands, 3 Weeks after Incorporating While Joe Biden Was VP
The First Bitcoin Block Is Mined by ‘Satashi Nakamoto’ including within the code a Headline from ‘The Times’ that read, “Chancellor on Brink of Second Bailout for Banks”
The Wall Street Bailout: A Financial Coup d’etat
The Clinton Foundation compiled a List of Recipients of $543 million for an epic 1,146 Projects. Where Did this Money go?
