Did you guys know that the Germany purchased the NYSE?

I didnt. Then again I try not to watch a lot of TV, but you think if this was covered, a ton of people wouldve been talking about this.

Update: Speaking of nationalist outrage, the WSJ's Deal Journal blog found some:

So what, the NYSE is a publicly traded corporation subject to any corporate stockholder takeover, as what happened. They were bought out. Like no American company ever bought a foreign company before? The NYSE does not even have to exist as is. It's all done by computer and doesn't have to be done on Wall St. anymore. Welcome to the 20th century. The old system of the floor trading trading with hand signals is gone. A relatively small prcentage of trades is done there nowadays. Global trading is here.

Soriano12.... did you have anything to do with this???!!!!

"Did you guys know that the Germany purchased the NYSE?"

So the Nazis won WWIII.

Dante said:

Soriano12.... did you have anything to do with this???!!!!

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Yeah, the last deal I initiated before leaving that country (hopefully for good) imp:

ya and its just the beginning as other counties buyout everything here in the US, we owe the most money so let the firesale begin....

Soriano12 said:

Yeah, the last deal I initiated before leaving that country (hopefully for good) imp:

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good job sir!! I knew it!!

X-Files said:

"Did you guys know that the Germany purchased the NYSE?"

So the Nazis won WWIII.

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I don't know about WWIII but they would have fared much better in WWII had they not had such a fuckup leader. Germany is more than just a country. It's a way of life which includes an emphasis on education, culture and hard work. It is so powerful that it won't be quashed by losing a war or two. The ethic of the people is still present as it was before the last 2 world wars.

This means that Germany will continue to do well even though socialists are still in control. I can't say the same for the US.

quantumleap said:

It's a way of life which includes an emphasis on education, culture and hard work. It is so powerful that it won't be quashed by losing a war or two. ... The ethic of the people is still present as it was before the last 2 world wars.

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QL, quite honestly I have to disagree with you to a certain degree on that one: Education has went downhill over the last couple of yrs, budgets on educations get cut down more and more, there is a lack for various kinds of skilled workers and I don't see that getting much better in the near future...
The work ethic has also been getting worse and worse over the last few years, the only thing that has remained pretty much the same is most people centering their life around their job/career instead of their family/friends and therefore in my opinion people ending up with wrong values.

In the end Germany's economy is doing really well compared to the rest of Europe right now, but there are some major problems in the making, if they f.e. don't get their educational system back on track.

We dont make anything anymore.

Corporations are moving headquarters offshore.

Staples of the US economy are being sold to foreigners.

and WE ARE BROKE (yet still keep spending)!


We are turning into a banana republic but without the bananas.
I just dont know how this possibly ends well.

Liberalism destroyed america

BOTTOM LINE:
The constitution has been shit on, and every regulatory governing body has been deregulated! It started with Reagan, then Bush I, Clinton, Bush II, and has continued with Obama. This should show everyone that the Presidents are just serving the best interests of a select few of powerful rich men. The people who are supposed to be regulating these corporations, are people who were on the boards of these corporations! So nothing is being regulated. I think an anonymous senator who was recently interviewed stated, "Everything is fukked up and no one goes to jail!" He said write that. He told the reporter thats all he needed for his interview. Pretty much sums it up though.

The Wolf said:

BOTTOM LINE:
The constitution has been shit on, and every regulatory governing body has been deregulated! It started with Reagan, then Bush I, Clinton, Bush II, and has continued with Obama. This should show everyone that the Presidents are just serving the best interests of a select few of powerful rich men. The people who are supposed to be regulating these corporations, are people who were on the boards of these corporations! So nothing is being regulated. I think an anonymous senator who was recently interviewed stated, "Everything is fukked up and no one goes to jail!" He said write that. He told the reporter thats all he needed for his interview. Pretty much sums it up though.

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Yep but most are blinded by partisanship, and will blindly vote their party. So it's hard to see the pattern ending anytime soon. Even the Independents wait for the media to tell them who to vote for. And anyone that does come along, that thinks outside the box, quickly gets the kooky label attached to them.

Soriano12 said:

QL, quite honestly I have to disagree with you to a certain degree on that one: Education has went downhill over the last couple of yrs, budgets on educations get cut down more and more, there is a lack for various kinds of skilled workers and I don't see that getting much better in the near future...
The work ethic has also been getting worse and worse over the last few years, the only thing that has remained pretty much the same is most people centering their life around their job/career instead of their family/friends and therefore in my opinion people ending up with wrong values.

In the end Germany's economy is doing really well compared to the rest of Europe right now, but there are some major problems in the making, if they f.e. don't get their educational system back on track.

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Thank you soriano, and of course you would know better than I would. How would you rank them compared to the rest of Europe in terms of work ethic and emphasis on education? I have to think they still fare much better in those regards.

It almost seems to me that warmer climates lead to a more casual work environment. I can't say I blame people who live in warmer climates. I wouldn't feel like working nearly as much if I had nice weather year round.

The Wolf said:

BOTTOM LINE:
The constitution has been shit on, and every regulatory governing body has been deregulated! It started with Reagan, then Bush I, Clinton, Bush II, and has continued with Obama. This should show everyone that the Presidents are just serving the best interests of a select few of powerful rich men. The people who are supposed to be regulating these corporations, are people who were on the boards of these corporations! So nothing is being regulated. I think an anonymous senator who was recently interviewed stated, "Everything is fukked up and no one goes to jail!" He said write that. He told the reporter thats all he needed for his interview. Pretty much sums it up though.

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Thank you for being honest about criticizing both parties and not taking a partisan stand. There is plenty enough blame to go around for both sides.

quantumleap said:

How would you rank them compared to the rest of Europe in terms of work ethic and emphasis on education? I have to think they still fare much better in those regards.

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I don't think, that I'm in a position to do such a ranking, I just don't know enough about all the European countries and their educational system or work ethic. They do some tests in Europe to compare the level of education and Germany doesn't do too well (Scandinavian countries usually are ranked first in these tests) in these, but you could discuss about the validity of these tests forever...but if you asked me, the best educational level would be found in countries like Sweden, Norway, Finland and Denmark.
Right after that, I wouldn't know who to pick since it sounds like every country is complaining about their current educational systems, its flaws and a lack of skilled workers. It's not only in Germany, but also in countries like Switzerland or the Netherlands.

Work ethic is a different topic: I think the hard working Germans are pretty much a myth nowadays...yes, most people work hard, always show up on time and are reliable, but that's true for other nations, too. And lots of Eastern European workers f.e.maybe in general fairly less qualified, but they still work at least as hard as your average German worker, probably even harder and more hrs per week. So maybe Southern European countries like Spain, Italy, Greece, France etc overall lack a bit in these areas, but it's still not that much of a gap and they f.e. have less holidays....compared to Scandinavia I'd say there is no difference at all and like I said, imo the Eastern European countries often times have the best work ethic, just a lesser educational level at the moment.
I think Germany still has more holidays than most other countries, but I also know that (in the end) it's pretty much a matter of productivity and "we" still rank rather good in that department. But that won't last forever because there is a large amount of people, who will retire within the next 10-15 yrs and because of the regressing educational standard there will be a lack of young skilled workers in the future.
So right now they're still doing well, but there are lots of question marks about the future, maybe 10-15yrs from now because labor is really expensive in Germany due to the social system and Germany can hardly afford that system today (it's being restructured all the time and regressing) and the problems will just increase because of an overaging society in Germany. So if Germany cant save their educational edge, there wont be a reason why companies shouldnt move to countries like Poland, Romania, or whereever to cut their costs for labor.

NYSE stock price

Oh and by the way since news of the takeover the price of the NYSE (symbol NYX) has gone from $33 to $38. Yes the NYSE stock trades on the NYSE. Whoever in their right mind lets them get away with that. LOL. Capitalism at its best.