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To: pass pass who wrote (280)	6/25/1999 12:35:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 963

What if I get a home loan to fund my own business? Not a securities transaction Why should I let the government tell me how to spend money? Why indeed? It has been the great American socialist tradition to do that. It almost wrecked the country. What a change from 20 - 30 years ago. Then, it was "all powas to da peepulz", and that meant tax the rich to give to the poor with the result that the poor went deeper into poverty. If I have credit, I should do whatever I feel like as long as I take consequences of my action. Because you won't take the consequences when those consequences are bad enough. The government has to step in and create onerous laws to prevent people from the folly of inducing self destruction. How often do you hear the people say, "the government should do something"? They're crying from protection from imagined bogeys when the protection they need is protection from their their own greed. What if I borrow money from relatives or friends to buy stock? Perfectly legitimate as long as they give it to you in currency or in check on a demand deposit account. What's the difference than borrowing from a bank? Any borrowing creates a debit and a credit. When you borrow from a bank you create a liability. You shouldn't speculate with your liabilities.