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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Andrew G. who wrote (72234)2/27/2001 10:01:16 AM
From: LLCF  Read Replies (1) of 436258
 
<LLCF: We can have accountability without having a stock market.>

But you can't have ownership of companies by your average person.

<In fact I would be much more in favor of a system that not just did away the stock exchanges but required companies to produce dividends upon reaching profitability.>

But the government has screwed that up by double taxing dividends... plus what if a company needs to invest the money??? Your going to have some law saying you have to pay dividends? Wow

<I have not seen a serious argument as to why the casino style exchanges we have today must exist outside of an opportunistic greed factor. >

I'm not seeing a serious argument to the contrary. Look, what your saying is a central authority should make decisions on all this stuff... I think Russia tried that. <ng>

DAK
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