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Pastimes : The Philosophical Porch

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To: Crimson Ghost who wrote (5595)4/16/2010 12:08:27 PM
From: Rarebird  Read Replies (1) of 26251
 
Maximizing Profit (Greed) has always been the spirit of Capitalism. The person who works on the assembly line at Jaguar cannot afford to buy the car he helps shape. Marx called that alienated labor. I understood that relation at a very young age and willed to transcend it. Did I succeed? Yes, for the most part. The stock market has always been one of the fields where the rich have become richer. Life has never been fair, Crimson. Money has always bought power and control. Obama is just the modern testimonial to that. The public primarily entered the stock market arena in the mid-90's when valuations got stretched beyond reason. Ultimately, the average Joe tends to become the patsy (or sucker) by constantly falling for the BS of Big Brother, whether it is weapons of mass destruction in Iraq or trickle down supply side economics.

Most of my friends look at me like I'm nuts when I talk about the stock market. They ask me why I'm interested in that since I earn a good living.
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