Friday, September 26, 2008

Wall Street is burning...

I've always thought that Wall Street, the physical location, is sort of strange, especially as the entrance to the NYSE is actually on Broad Street. It's appropriate that there is a super-sized statue of George Washington on the steps of Federal Hall, staring forever across Wall Street towards the Exchange and down Broad Street towards the Hudson River and New Jersey and his creation, the United States, through acts of terrorism and insurgency against the superpower of the age, the British Empire.

Wall Street, the synecdoche, is burning these days, just as once the Bronx burned. It's a strange sort of crisis, invisible to me, mostly, and I don't really feel sympathy for the collapsing pillars of Advanced Capitalism. If you set the rules of the game...

It's also always been slightly amusing to me that the left-wing radio station WBAI has its offices on Wall Street, but much farther down, by the river...

[Photo by Jez Coulson]
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