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Politics : America Under Siege: The End of Innocence -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (4016)9/19/2001 2:34:06 PM
From: Qone0  Read Replies (1) | Respond to of 27666
 
Now can you imagine, lowering the capital gains taxes on money earned by those who play this market against us? This is blood money.

I have e mailed both the senators in my state that the practice of short selling should be outlawed.

It has nothing to do with the purpose of the capital markets.

The Stock markets ONLY reason for being is for companies to gain access to the publics capital to grow/start a business.

Short selling is in fact the practice of selling a persons property without their knowledge. For the express purpose of declining the value of that persons property.

The reason you see people defending this is because it is very profitable. You don`t have to invest in a company and wait for it.

Because it is profitable the only to have it stopped is for the people to put pressure on their elected congress to stop it.