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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It? -- Ignore unavailable to you. Want to Upgrade?


To: id who wrote (325)6/4/2002 12:49:28 PM
From: Dave Gore  Respond to of 589
 
id, extremely interesting and pertinent to investors in the U.S. Markets. Too many American investors ignore corruption, manipulation, and overall abuses. They also ignore the influence of foreign investment in our Markets and what begins to happen when they pull out.

You're right, we do have to clean up our markets.

When "Business Week" and "Money" magazines start to devote whole issues to things like "How Corrupt Are The Markets" and "The People V. Wall Street", it's time for all of us (as taxpayers) to remind our government and economists, for that matter, that if many more U.S. investors lose faith in the U.S Stock Markets, like many foreign investors have, there will soon be many trillions of additional monies in 401K and other retirement accounts that will be lost, perhaps forever.

That's not good new for the economy or future tax loads for every American citizen.