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Wed Dec 7, 2011, 03:25 AM

 

The Stock Market should be Illegal

I feel the stock market should be made illegal for the following reasons.

1.It allows a corporation to raise capital without meeting any credit checks. When the business fails, it is the tax payer who gets stuck with bailing it out, or paying for the bankruptcy, and the stock holders swindled out of their investments. Banks are made to borrow money from, where corporations canbe scrutinized for credit worthiness.

2. Stock profits are taken off American workers backs, thus preventing the worker from having increased wages and benefits for his family. His needs are put behind stockholders who never expended any energy for the profits. A parasite couldn't do a better job of bleeding profits, and demoralizing workers. By keeping wages low, once again the taxpayers have to subsidize the family with welfare and other social programs.

3.Stocks take billions of dollars out of the economy, that sit in safe deposit boxes gathering dust, an are not available for bank loans for development, homes, cars, education, etc. Instead taxpayers have to subsidize businesses to boost the economy.

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Reply The Stock Market should be Illegal (Original post)
shintao Dec 2011 OP
A HERETIC I AM Dec 2011 #1
greyl Dec 2011 #2
Lucky Luciano Dec 2011 #3
Common Sense Party Dec 2011 #4

Response to shintao (Original post)

Sun Dec 11, 2011, 01:05 AM

1. Well...that's pretty funny.

Funny as hell, in fact.

Uninformed,, untrue and...well....fucking funny.


Nicely done.

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Response to shintao (Original post)

Sun Dec 11, 2011, 06:42 AM

2. Hi, this forum is for DUers to buy, sell, and trade stuff.

Maybe you can repost in Soapbox or under one of the Economy Topics.

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Response to shintao (Original post)

Sun Dec 11, 2011, 10:59 PM

3. Good luck with that. nt

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Response to shintao (Original post)

Tue Dec 20, 2011, 11:45 AM

4. I couldn't disagree with you more.

You are wrong on just about every count.

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