Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Andrew G. who wrote (72234)	2/27/2001 9:50:26 AM
From: oldirtybastard	Read Replies (1) \| Respond to of 436258

The whole problem is that there are people qualified to play this game and there are those who are not. It is the choice of the latter to enter the colisseum and get torn apart, there should perhaps be more or better enforced laws to protect them from the lions (and from themselves), but last I checked stupidity and gullibility were not illegal and the lottery systems in most states are still running. Let them play the game if they want. And your comment about how would we like it if people's property/houses were being bid on by others and a price set in an open market is the way it works right now anyway, by extension. (I think that was your comment a while back)

To: Andrew G. who wrote (72234)	2/27/2001 10:01:16 AM
From: LLCF	Read Replies (1) \| Respond to 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