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shintao

(487 posts)
Wed Dec 7, 2011, 03:25 AM Dec 2011

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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The Stock Market should be Illegal (Original Post) shintao Dec 2011 OP
Well...that's pretty funny. A HERETIC I AM Dec 2011 #1
Hi, this forum is for DUers to buy, sell, and trade stuff. greyl Dec 2011 #2
Good luck with that. nt Lucky Luciano Dec 2011 #3
I couldn't disagree with you more. Common Sense Party Dec 2011 #4

A HERETIC I AM

(24,587 posts)
1. Well...that's pretty funny.
Sun Dec 11, 2011, 01:05 AM
Dec 2011

Funny as hell, in fact.

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


Nicely done.

greyl

(22,997 posts)
2. Hi, this forum is for DUers to buy, sell, and trade stuff.
Sun Dec 11, 2011, 06:42 AM
Dec 2011

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

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