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Wednesday, December 07, 2011
STOP ME PLEASE - before I kill again ....
9 comments:
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Kristophr said...
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"Insider trading" is a fucking joke.
Most other countries do not ban people from using private knowledge to make profits.
Strict enforcement of fraud statutes is enough to prevent 19th Century style stock trading abuses.
As for politicians using their positions to make money ... that is a different matter, and requires some major restrictions on their activities. Anyone who legislates should not be allowed to play the market in any manner for at least one term after they leave office. -
12/7/11, 1:19 PM
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Scottiebill said...
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What you posted above is probably true, kristopher. But here in the U.S., does that make it right or legal. Our country has laws, developed and written by Congress and signed into law be whichever President. That those same members of Congress wrote into those laws clauses that gives them exemptions to those laws is not right, nor should it be legal. The people in Congress are citizens of the U.S., same as you or me. They should not be exempt from any laws that we commoners are not exempt from.
The citizens of the U.S. should not have to follow the lead of any of the other countries, regardless of what Komrade President REMF wants or says. -
12/7/11, 3:57 PM
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Louisiana Steve said...
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If greed fully corrupts the stock market, there will be no public participation and public trading will fail and leave investment capital in the hands of the insiders. Pretty scary if you think about.
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12/7/11, 3:59 PM
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Kristophr said...
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12/7/11, 4:30 PM
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Kristophr said...
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This is a case of the foreign broken clocks being right twice a day.
Expecting stock traders to gouge out their own brains before making a trade is just stupid.
The insider trading laws were passed by a bunch of progressive twinkies during the early 20th Century, and need to be abolished. -
12/7/11, 4:32 PM
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I-RIGHT-I said...
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Even if those laws are abolished they still ain't gonna tell you Kris.
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12/7/11, 7:06 PM
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Skoonj said...
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Scottiebill: Komrade President REMF? Wow, REMF! You hit hard!
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12/7/11, 8:18 PM
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Anonymous said...
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I have been saying for quite some time now that this very issue is where America went off the rails. We really screwed up when the first time those bastards passed a law and exempted themselves from it and we didn't hang a single one of them.
As far as these hearings go, I just can't wait to hear what kind of pretzel logic comes out of the mouths of those who support the status quo (preferably just before we hang them). What possible reason could they come up with to justify exempting themselves from any law?
GrinfilledCelt -
12/7/11, 11:28 PM
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Scottiebill said...
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Thanks, Skoonj. I try. I came up with REMF for the pretender in the White House because he is famous, or infamous, if you will, for leading from the rear. A long ways in the rear. And we can't forget his bowing and scraping and apologizing to every little tin-pot dictator that comes along. But he damn sure does nothing for the American public. Except for the unions, of course. They get everything they ask and beg for and more from our REMF.
Next November cannot come too soon. I would vote for any one of the millions of fence posts all across Montana and Wyoming before I would vote for The Komrade REMF. -
12/8/11, 2:46 PM
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