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  1. #1
    Senior Member welshwizard's Avatar
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    Quote Originally Posted by thebigspendur View Post
    Business is all about making money and they fear he will curtail that ability.
    Honest business is about making money.
    The stock market is about gambling with other folks hard earned money. Like any house of cards it appears that it can collapse quite quickly.
    'Living the dream, one nightmare at a time'

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    Quote Originally Posted by welshwizard View Post
    Honest business is about making money.
    The stock market is about gambling with other folks hard earned money. Like any house of cards it appears that it can collapse quite quickly.
    How exactly is the stock market gambling with other folks hard earned money? The last time I looked, the only money I had in the stock market was money I earned by my own hard work.

  3. #3
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    The market has an emotional index, I forget the moniker for it, and this plays a huge part, you must know that the traders and stock companies dont care about the little guys ( anyone not an accredited investor, with liquidity of 250k or more) so because they care about big business solely as means for making money, whenever Obama suggests more regulation it kills the free captial market that drives this country.

    Regulations can be good if they help the consumer and protect him, but I see most of the regulations helping big governement these days, although some laws have been very helpful, like the law passed for creditors recently, that one worked.

    It seems for everyone one that works 10 bomb or more. oh well when your making omlets u break eggs I guess., better then a president stuck on status quo.

    Cheers
    David

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    Quote Originally Posted by Sirshavesalot View Post
    The market has an emotional index, I forget the moniker for it, and this plays a huge part, you must know that the traders and stock companies dont care about the little guys ( anyone not an accredited investor, with liquidity of 250k or more) so because they care about big business solely as means for making money, whenever Obama suggests more regulation it kills the free captial market that drives this country.

    Regulations can be good if they help the consumer and protect him, but I see most of the regulations helping big governement these days, although some laws have been very helpful, like the law passed for creditors recently, that one worked.

    It seems for everyone one that works 10 bomb or more. oh well when your making omlets u break eggs I guess., better then a president stuck on status quo.

    Cheers
    David
    Some regulation is of course necessary since the real world is not perfect. I don't really qualify as one of "the little guys" at least not by your definition, but I don't really think the traders etc are looking out for me either other as in coincides with their own self interest (if they do well by me, they do well by themselves as well). I am even less confident that the government is looking out for me either, rather the oposite in fact as I don't think that any politician ever looks out for anyone other than himself and his only interest is in power. The best I can hope for is that they will just leave me alone.

  5. #5
    Senior Member welshwizard's Avatar
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    Quote Originally Posted by fccexpert View Post
    How exactly is the stock market gambling with other folks hard earned money? The last time I looked, the only money I had in the stock market was money I earned by my own hard work.
    If you'd bought shares in one of the recently failed British banks, the value of said shares plummeted because of the cavalier attitude of those managing and investing the bank's assets.
    You might have been one of 'the other folks' who trusted the bank's management to manage the money prudently. Instead they took outrageous risks, which in any other sphere would be described as gambling.
    'Living the dream, one nightmare at a time'

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    Quote Originally Posted by welshwizard View Post
    If you'd bought shares in one of the recently failed British banks, the value of said shares plummeted because of the cavalier attitude of those managing and investing the bank's assets.
    You might have been one of 'the other folks' who trusted the bank's management to manage the money prudently. Instead they took outrageous risks, which in any other sphere would be described as gambling.

    But it was the Banks, or more correctly the Banks' management that was gambling with other peoples money, not the stock market. Unless of course you believe that the banks and the stock market are one and the same.

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    Senior Member welshwizard's Avatar
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    Quote Originally Posted by fccexpert View Post
    Unless of course you believe that the banks and the stock market are one and the same.
    Sometimes it's difficult to see where one ends and the other begins. The banks and other financial institutions are certainly entrusted with money belonging to their shareholders. The markets will react according to how these institutions are perceived to be performing, or how they think they may perform in the future.
    'Living the dream, one nightmare at a time'

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