Wall Street
| ||
| Motto: "Greed is Good" | ||
| Anthem: Montagues and Capulets | ||
| Forum | Wall Street | |
| Founder | Old Libertaria | |
| UN Delegate | Valcoma | |
| Nations | 147 | |
| UN Members | 46 | |
| Founding date | 19 December 2006 | |
| Economic Statistics | ||
| Gross Regional Product | $3.361 quadrillion | |
| GRP Per Capita | $31,437.82 106,919,000,000 | |
| Regional Population | 106.9 billion | |
| Regional Average GDP | $22.86 trillion | |
| Largest GDP | Jasque ($389 trillion) | |
| Smallest GDP | Lord and Lady Growlie ($16.1 billion) | |
| Largest GDP Per Capita | New Jasque ($48,542) | |
| Smallest GDP Per Capita | Lord and Lady Growlie ($69.34) | |
| Largest Trade Surplus | BOB BOB BOB BOB BOB ($1.27 trillion) | |
| Largest Trade Deficit | Larry Kudlow ($755 billion) | |
| Info: NSEconomy RC XML | ||
Wall Street is the heart of modern capitalism, free trade and national sovereignty. The members of this region take a keen interest in finance, economics and capitalist agendas. The region runs a stock exchange game for our members where we all compete to make the most money and have bragging rights over everyone else. This is run as a quarterly competition. There is the ability to buy, sell, sell short and buy to cover stocks, you can set limits and stops, as well as guess the market trend and which stocks to invest in, all for free!
Contents
Formation
Wall Street's formation was the result of a coming together of individuals and small regions that were members of the multi-region alliance known as ACCEL (Alliance of Capitalists, Conservatives and Economic Libertarians). The regions involved in the formation of Wall Street were Coconut Island, 2005 Anti-Communist Alliance and Galts Gulch. Those regions, together with a number of individual nations either from those regions or from other regions, were the key members involved in the formation of Wall Street. The individual nations involved were: Wegason, Jasque, Shasarazade, Donchatryit, West Antioch, Mutual Funds , Rear Admiral Dobbs and many others.
The merger was undertaken to pool the respective talents, resources, and values of the nations and regions that merged into Wall Street and to concentrate on building one region up as the beacon of capitalism as opposed to many smaller regions. The President of Jasque, Jack McDonald, once made a famous speech which correlates with why the small regions merged into Wall Street;
“Both capitalism and socialism have rules regarding collective property. Socialism enforces it. Capitalism allows it. Capitalism’s liberal treatment of collective property allows individuals to combine their property in a more productive manner. Freedom leads to prosperity. The problem with Socialism is that it doesn’t recognize that collective property is also an important part of capitalism, and that capitalism allows individuals to combine their resources in a more efficient manner.”
The merger was very capitalist in nature; the nations and regions decided that the combination of their property (themselves) will see that they are more productive and efficient in achieving the results they want, these results being a large, powerful region that is a beacon of capitalism and national sovereignty.
Structure
The region is governed by the Charter of Wall Street which establishes The Exchange as the Government of the region. The Exchange is set up like a company with business-themed positions:
Chairman - elected every twelve weeks, the Chairman is charged with administering all voting and ensuring that the Exchange deals with important matters and follows its own rules of procedure.
Chief Executive Officer - or CEO, is elected at the same time as the Chairman. The CEO is responsible for the implementation of policy and the leadership of The Exchange.
Chief Operations Officer - or COO, is the Deputy CEO if they hold no other management positions and is appointed by the CEO. If the CEO is unable to complete their term then the COO will take over until new elections can be held.
Chief Networking Officer - or CNO, is appointed by the CEO. They send and maintain diplomatic missions to foreign organizations and work cooperatively with world leaders in order to peacefully expand Wall Street's influence in the international community.
Chief Personnel Officer - or CPO, is appointed by the CEO. They are charged with maintaining the membership records of Wall Street, increasing the membership of Wall Street through recruitment and advertisement, and increasing co-operation and interaction between member nations. If the position of Chairman is vacant they act as temporary Chairman until the role is fulfilled.
Chief Security Officer - or CSO, is appointed by the CEO. They oversee all of Wall Street’s military operations are responsible for training and commanding the army and responsible for the administration of Wall Street’s intelligence activities.
National Sovereignty Officer - or NSO, is appointed by the CEO. They work cooperatively with world leaders in order to peacefully expand Wall Street's influence in the United Nations, and are responsible for appointing the region's UN Delegate.
General Counsel - is elected for a twelve week term, six week after the Chairman elections. They are responsible for the correct interpretation of the Charter and all legislation passed by the Exchange, and can be called upon to make rulings on the correct interpretation of the law.
Chief Communications Officer - or CCO, is elected for a twelve week term, six week after the Chairman elections. They are responsible for the frequent publication of the Wall Street Journal.
Membership
Membership of The Exchange, known as Investor status, is open to all nations in the region, potential Investors have to file a resume and face light questioning by current members of The Exchange. If Investors are happy with the application it will be proceeded to vote where the applicant must get a majority to be accepted. Full details can be found in the Investor Applications forum.
List of Members
Wall Street Governmental History
Chairman
The Best in The World (29th Jan 07 - Present)
Chief Executive Officer
Old Libertaria (24th Jan 07 - 13th Apr 07)
Leg-ends (13th Apr 07 - Present)
Chief Operations Officer
Leg-ends* (24th Jan 07 - 13th Apr 07)
Mutual Funds (13th Apr 07 - Present)
*as Deputy CEO
Chief Networking Officer
Shazistan (24th Jan 07 - 13th Apr 07)
Old Libertaria (13th Apr 07 - Present)
Chief Personnel Officer
Leg-ends (24th Jan 07 - 13th Apr 07)
Cabanatuan (13th Apr 07 - Present)
Chief Security Officer
Nickel Plate Heights (24th Jan 07 - 13th Apr 07)
National Sovereignty Officer
Supremania (24th Jan 07 - 13th Apr 07)
Proud Anarchy (13th Apr 07 - Present)
General Counsel
New Jasque (24th Jan 07 - 30th Mar 07)
Windsor Castle (30th Mar 07 - Present)
Chief Communications Officer
West Antioch (24th Jan 07 - Present)
ACCEL
With many members of The Exchange previously located in ACCEL member regions, and ACCEL being the focal point for bringing together the nations in question, it was natural that Wall Street would apply and be accepted by the Alliance. To pave the way for membership The Exchange passed the ACCEL Membership Act on February 8th 2007, which laid out how Wall Street would apply to the alliance and ratify the Treaty of ACCEL. Wall Street was admitted on February 21st 2007 and is currently represented by West Antioch.
United Nations
Wall Street has taken an active role in the United Nations through the ACCEL UN Division, as well as submitting its own resolutions. The first resolution proposed was Repeal "Hydrogen Vehicles" which passed with a very large vote of 71% to 29%, and was actually based around a previous ACCEL attempt which failed. Its other foray (so far) has been the passage of UN Economics Prize, which also passed into law by a similarly large margin of 70% to 30%.
