Leah Industries, Inc. (OTC-BB-LEAH) Message Board

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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)

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To: DISHRAIDER who wrote (1686)	3/17/1999
From: CYBERKEN	of 2153

My experience makes me present here a general observation about investors in the stock markets. It has never ceased to amaze me how many investors who hold a healthy iron-clad skepticism about private firms struggling to make their way in the marketplace seem to look at the SEC as the very living God, both infallable and dedicated by it's love for the private investor. They never stop to realize that the SEC, like any government entity, wields it's influence through the coercive power of the state and nothing more. By yielding some freedom to the SEC, we hope to receive a public service in exchange, but it's the same old pump-and-dump scam the Founders warned about. The basic idea is that we are all too stupid to keep from getting ripped off, so we create an arm of the government to make us feel like we are being protected from ourselves. It's never worked before, and of course it doesn't work now. The fiasco with LEAH, IMO proves it once again. I'm now keeping a bucket beside my workstation, because the next IDIOT who says "The SEC halted them, so there must be a problem with the company." is probably going to cause me to throw up.

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