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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: LPS5 who wrote (12262)3/10/2001 1:15:53 PM
From: Threei  Read Replies (2) | Respond to of 18137
 
I don't think many on this forum have experience of living in communist society. I have. All this regulation awfully reminds me of Soviet style. There was saying in former USSR about goverment decisions, I am not sure English translation can reflect sarcasm of original... here it is:
"We tried to make it better. Result - as usual..."
Each and every new regulation was intended to make life better and more safe, to protect people (or it least it was said to have this intention). Each and every of them while looked on the surface fair and meaningful, led to exactly opposite. Heck, even such an obviously right thing to do as attempt to sober society with tradition of heavy drinking was done in a way that ruined life of many. Right idea can be a killer if worked in a wrong way.
By this, I mean entire conglomerat of regulation and changes: this last one, True Disclosure regulation, decimalization, supermontage... Intentions are great, result - as usual...
If the problem is "for many decades (and in particular, starting earnestly in the eighties), people have been told that investing is a necessity" (and I do agree with you, it really might be a cause for many troubles), then why not to start broad expalanation of the reality, ruining some of myths? Might be better solution than regulation measures... It would be true American spirit: give people info and let them decide.

Just my take

Vadym