# Will Wall Street be abolished if Sanders wins?

**URL:** <https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437>\
**Category:** Politics & Elections\
**Created:** [February 7, 2016, 4:37pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437 "2016-02-07T16:37:47Z")\
**Posts on this page:** 14\
**Page:** 5

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**Author:** ![BrainGlutton](https://avatars.discourse-cdn.com/v4/letter/b/82dd89/32.png) [@BrainGlutton](https://boards.straightdope.com/u/BrainGlutton)\
**Post date:** [February 11, 2016, 6:05pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/81 "2016-02-11T18:05:58Z")

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> [@skdo23](#):
>
> As you [so eloquently pointed out in another thread,](http://boards.straightdope.com/sdmb/showthread.php?t=783647) the “biggest belief” in the United States right now is that young people are currently joining the military in search of handouts and other personal gains. If Sanders abolishes Wall Street it will result in large numbers of greedy self-centered young workers with nowhere to turn to but the military if the wish to keep receiving the gratification that is no longer available to them by working in finance. This will greatly swell the ranks of our military, making it even more powerful than it would have been before Sanders took office, and Sanders has always struck me as being too much of a pacifist to want this.

The military does not have to take anybody, and takes only so many recruits as its budget covers.

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**Author:** ![skdo23](https://avatars.discourse-cdn.com/v4/letter/s/a5b964/32.png) [@skdo23](https://boards.straightdope.com/u/skdo23)\
**Post date:** [February 11, 2016, 6:22pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/82 "2016-02-11T18:22:27Z")

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> [@BrainGlutton](#):
>
> The military does not have to take anybody, and takes only so many recruits as its budget covers.

And only a select few of those recruits qualify to fly those supersonic fighter jets that make a loud whooshing sound as they fly overhead.

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**Author:** ![BrainGlutton](https://avatars.discourse-cdn.com/v4/letter/b/82dd89/32.png) [@BrainGlutton](https://boards.straightdope.com/u/BrainGlutton)\
**Post date:** [February 11, 2016, 6:52pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/83 "2016-02-11T18:52:45Z")

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> [@skdo23](#):
>
> And only a select few of those recruits qualify to fly those supersonic fighter jets that make a loud whooshing sound as they fly overhead.

Wouche.

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**Author:** ![inscrutable](https://avatars.discourse-cdn.com/v4/letter/i/a88e4f/32.png) [@inscrutable](https://boards.straightdope.com/u/inscrutable)\
**Post date:** [February 11, 2016, 7:46pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/84 "2016-02-11T19:46:47Z")

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He won’t have the opportunity to affect the stock market.  
History suggests that a declining market in an election year results in a change of Party.

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**Author:** ![Bone](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bone/32/407_2.png) [@Bone](https://boards.straightdope.com/u/Bone)\
**Post date:** [February 11, 2016, 8:24pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/85 "2016-02-11T20:24:58Z")

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He could rename the street to like, “Main St.”. Does that count as abolishing it? Actually, I don’t think as president he could unilaterally do that. He could call it that as a nickname though.

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**Author:** ![kaylasdad99](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/kaylasdad99/32/3398_2.png) [@kaylasdad99](https://boards.straightdope.com/u/kaylasdad99)\
**Post date:** [February 11, 2016, 10:20pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/86 "2016-02-11T22:20:49Z")

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> [@kaylasdad99](#):
>
> Some of it appears to be riffing on some of the other things Miss **Days** has been posting in other threads she has started.
> 
> So, understanding the thread might begin by developing an understanding of the OP.

> [@Onomatopoeia](#):
>
> Wait, \*\*GloryDays \*\*is a woman?

> [@GloryDays](#):
>
> I am a male. Also, Wall Street could be sunk by policies in City Hall (New York City), Albany, and Washington.

Oh. I thought Glory was your first name. My apologies.

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<div class="post-metadata">

**Author:** ![kaylasdad99](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/kaylasdad99/32/3398_2.png) [@kaylasdad99](https://boards.straightdope.com/u/kaylasdad99)\
**Post date:** [February 11, 2016, 10:27pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/87 "2016-02-11T22:27:48Z")

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> [@skdo23](#):
>
> As you [so eloquently pointed out in another thread,](http://boards.straightdope.com/sdmb/showthread.php?t=783647) the “biggest belief” in the United States right now is that young people are currently joining the military in search of handouts and other personal gains. If Sanders abolishes Wall Street it will result in large numbers of greedy self-centered young workers with nowhere to turn to but the military if the wish to keep receiving the gratification that is no longer available to them by working in finance. This will greatly swell the ranks of our military, making it even more powerful than it would have been before Sanders took office, and Sanders has always struck me as being too much of a pacifist to want this.

> [@BrainGlutton](#):
>
> The military does not have to take anybody, and takes only so many recruits as its budget covers.

Yabbut these guys will all be ex-hedge fund managers, and shit. They’ll bribe their way in with all that golden parachute money they snagged on their way out.

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<div class="post-metadata">

**Author:** ![BrainGlutton](https://avatars.discourse-cdn.com/v4/letter/b/82dd89/32.png) [@BrainGlutton](https://boards.straightdope.com/u/BrainGlutton)\
**Post date:** [February 11, 2016, 10:50pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/88 "2016-02-11T22:50:32Z")

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> [@kaylasdad99](#):
>
> Yabbut these guys will all be ex-hedge fund managers, and shit. They’ll bribe their way in with all that golden parachute money they snagged on their way out.

I must admit there is a certain appeal to staffing our armed forces with soldiers who can simply **bribe** the enemy.

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**Author:** ![El\_Kabong](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/el_kabong/32/496_2.png) [@El\_Kabong](https://boards.straightdope.com/u/El_Kabong)\
**Post date:** [February 12, 2016, 12:15am UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/89 "2016-02-12T00:15:36Z")

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> [@BrainGlutton](#):
>
> I must admit there is a certain appeal to staffing our armed forces with soldiers who can simply **bribe** the enemy.

Great: just what we need, an army full of Milo Minderbinders.

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**Author:** ![eschereal](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/eschereal/32/18939_2.png) [@eschereal](https://boards.straightdope.com/u/eschereal)\
**Post date:** [February 12, 2016, 12:49am UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/90 "2016-02-12T00:49:44Z")

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> [@kaylasdad99](#):
>
> Oh. I thought Glory was your first name. My apologies.

perhaps [he likes his Boss](http://www.youtube.com/watch?v=Bxut7e5I4yQ)

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**Author:** ![Some\_Call\_Me.Tim](https://avatars.discourse-cdn.com/v4/letter/s/439d5e/32.png) [@Some\_Call\_Me.Tim](https://boards.straightdope.com/u/Some_Call_Me.Tim)\
**Post date:** [February 12, 2016, 8:50pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/91 "2016-02-12T20:50:49Z")

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I don’t think the President has the power to abolish Wall Street.

To do that, I think you’d have to talk to [Catherine McVay Hughes](http://www.nyc.gov/html/cau/html/cb/manhattan.shtml). She chairs the community board of that neighborhood of Manhattan, and I believe they are the ones [to contact in order to rename streets](http://www1.nyc.gov/nyc-resources/service/2543/street-naming-request) in that area, theoretically including Wall Street.

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<div class="post-metadata">

**Author:** ![davidm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidm/32/225_2.png) [@davidm](https://boards.straightdope.com/u/davidm)\
**Post date:** [February 12, 2016, 10:08pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/92 "2016-02-12T22:08:28Z")

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Thinking _purely hypothetically_, could some kind of executive order or orders affecting government contractors damage Wall Street, at least to some extent? Perhaps by saying that the government will no longer do business with publicly traded companies, or something insane like that?

I’m not suggesting that Sanders, or anyone else, would set out to be destructive in this manner simply for the hell of it, but would it be possible?

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<div class="post-metadata">

**Author:** ![BrainGlutton](https://avatars.discourse-cdn.com/v4/letter/b/82dd89/32.png) [@BrainGlutton](https://boards.straightdope.com/u/BrainGlutton)\
**Post date:** [February 12, 2016, 10:33pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/93 "2016-02-12T22:33:05Z")

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> [@Some\_Call\_Me.Tim](#):
>
> I don’t think the President has the power to abolish Wall Street.
> 
> To do that, I think you’d have to talk to [Catherine McVay Hughes](http://www.nyc.gov/html/cau/html/cb/manhattan.shtml). She chairs the community board of that neighborhood of Manhattan, and I believe they are the ones [to contact in order to rename streets](http://www1.nyc.gov/nyc-resources/service/2543/street-naming-request) in that area, theoretically including Wall Street.

**Rename** Wall Street . . . hmmmm . . .

The floor is now open for nominations.

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<div class="post-metadata">

**Author:** ![davidm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidm/32/225_2.png) [@davidm](https://boards.straightdope.com/u/davidm)\
**Post date:** [February 12, 2016, 11:05pm UTC](https://boards.straightdope.com/t/will-wall-street-be-abolished-if-sanders-wins/745437/94 "2016-02-12T23:05:15Z")

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> [@BrainGlutton](#):
>
> **Rename** Wall Street . . . hmmmm . . .
> 
> The floor is now open for nominations.

Bloodsucker Boulevard  
Capitalist Pigs Place  
Imperialist Running Dog Drive  
Poopoo Head Heights

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