Progressive Graffiti

The Dangers of Money Addiction

Former Wolf Of Wall Street Comes Clean In Op-Ed

One of the things I came to realize was I had been using money as this thing that would quell all my fears. So I had this belief that maybe some day I would get enough money that I would no longer be scared … I would feel successful. And one of the things I learned on Wall Street was no matter how much money I made, the money was never going to do it.

Sam Polk

For the Love of Money

You may be interested to read Sam Polk’s op-ed, For the Love of Money, in the The New York Times on January 18, 2014. It’s a very good read.

I started to see Wall Street with new eyes. I noticed the vitriol that traders directed at the government for limiting bonuses after the crash. I heard the fury in their voices at the mention of higher taxes. These traders despised anything or anyone that threatened their bonuses. Ever see what a drug addict is like when he’s used up his junk? He’ll do anything — walk 20 miles in the snow, rob a grandma — to get a fix. Wall Street was like that. In the months before bonuses were handed out, the trading floor started to feel like a neighborhood in “The Wire” when the heroin runs out.

Sam Polk

About the author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She sometimes writes fiction about Chester (the Alpha Bichon) and his friends -- with a dash of humor and dab of Poli-Sci. JoAnn's views and insights are tinted by her past profession in Counseling, Christian theological studies, and Library and Information Science training. Retired now, JoAnn enjoys the creative life.

%d bloggers like this: