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mick063

(2,424 posts)

3. Never have I heard how hedge funds contribute to the well being of our nation.

Reply to kpete (Original post)

Wed Aug 14, 2013, 12:12 AM

Aug 2013

Someone explain to me how derivatives, many of which are investments that profit from predicted, desired failure are even legal.

Why should one profit from "betting" that a company should fail? It is so completely counterproductive, on the cusp of treasonous. Gambling the "trickle down" that Reagan promised us. Profiting (or losing) from investing in failure instead of investing in the American worker or the American government. Our bribed, elected representatives condone this.

It is why we collectively fail. Because we reward it.

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Highlight:

The Wall Street Economy - vs - The Wage Earner Economy [View all] kpete Aug 2013 OP

Sargent and Toles are my favorite cartoonists. n/t winter is coming Aug 2013 #1

It's perfect Hydra Aug 2013 #2

Never have I heard how hedge funds contribute to the well being of our nation. mick063 Aug 2013 #3

"Our bribed, elected representatives condone this." Egalitarian Thug Aug 2013 #4