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Old 09-20-2008, 01:52 PM
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Default It's Time To Eliminate The Stock Markets!!!

All day long I've been trying to come up with a single positive reason for the 100% out-of-control stock markets, and I can't think of a single thing.

Can you??

But I can think of lots of negative issues caused by the markets, including the $700 billion bailout, and the greed both from corporations and the PEOPLE that has gripped this nation for the past ten years.

I say it's time to eliminate the stock markets in favor of good old fashioned business practices...

What do you think??
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Old 09-20-2008, 03:30 PM
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lol......................................
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Old 09-20-2008, 03:47 PM
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lol......................................
That was constructive...
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Old 09-20-2008, 03:56 PM
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Default please explain

How is the stock market responsible for the failure? and subsequent bailout?

let me add LOL!!!
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Old 09-20-2008, 04:11 PM
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Originally Posted by savage-republican View Post
How is the stock market responsible for the failure? and subsequent bailout?

let me add LOL!!!
Because 99% of Fanny Mae and Freddy Mac and Lehman and Bear Sterns and all the rest of them manage their business to the stock price and pressure from that industry. They don't manage their business for health and growth and innovation and sustainability, etc., they manage it to provide the highest ROI to shareholders to share the best and brightest quarterly reports. It has created a false economy, false values on personal property and business and stocks because it's nothing more than a gigantic casino to make quick money!!

It's because of this we have the bailouts...
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Old 09-21-2008, 04:02 AM
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Originally Posted by OldManOnFire View Post
Because 99% of Fanny Mae and Freddy Mac and Lehman and Bear Sterns and all the rest of them manage their business to the stock price and pressure from that industry. They don't manage their business for health and growth and innovation and sustainability, etc., they manage it to provide the highest ROI to shareholders to share the best and brightest quarterly reports. It has created a false economy, false values on personal property and business and stocks because it's nothing more than a gigantic casino to make quick money!!

It's because of this we have the bailouts...
You have got to be kidding,right? Stocks are the best investment for middle class person to invest for retirement.

Last edited by wopper stopper; 09-21-2008 at 04:02 AM.
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Old 09-21-2008, 04:18 AM
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You have got to be kidding,right? Stocks are the best investment for middle class person to invest for retirement.
Isn't that like putting your money into a casino and then waiting for the roulette wheel to spin or the blackjack table to deal the cards and then, biting your lip, hoping that you get a return? Particularly when the bankers are ripping money out of your earnings? Fine if the system is well regulated but it appears that it isn't. Why would you have anything to do with such a system?
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Old 09-21-2008, 04:46 AM
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The stock market is fine, so long as the government distances itself from it, except where people are being ripped off.
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Old 09-21-2008, 05:02 AM
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Originally Posted by Diuretic View Post
Isn't that like putting your money into a casino and then waiting for the roulette wheel to spin or the blackjack table to deal the cards and then, biting your lip, hoping that you get a return? Particularly when the bankers are ripping money out of your earnings? Fine if the system is well regulated but it appears that it isn't. Why would you have anything to do with such a system?

why would I have anything to do with such a system?


Because I have made significant returns on my investments. how else can I get decent returns like that?

My house= money pit
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Old 09-21-2008, 05:28 AM
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Originally Posted by wopper stopper View Post
why would I have anything to do with such a system?


Because I have made significant returns on my investments. how else can I get decent returns like that?

My house= money pit
You've been gambling and you've done well, good for you.

Now, is a casino and gambling a solid base on which to build an economy?
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