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If Wall Street is curbed from their "High frequency trading" ways then the market would settle back to what it once was.
This form of trading only benefits hedge funds and the big banks and actually penalises the small (Less than 1 billion) investor. Now we need to raise money to get this great country out of debt...more
I too agree with the Fatcat ;) There are so many so called "knowedgable" pundits whose only agenda seems to be lie lie lie as long as it suits them, but never ever tell the truth, The only problem with Wall Street is high frequency trading and until we stop it or maybe tax every trade from the same place that is con...more
I can't wait to see the GOP supporters jump in saying something like "It's not Obama and the democrats that have helped the market and jobs, it's due to their party trying their very best to say NO to everything proposed." After all hurting the country at the expense of the people is omething they are getting good at ...more
Well BlameBush it would be interesting to see exactly where your Shylock got that info from as virtually everyone agrees that it was predatory lending and lies that caused the problems.
It seems to me that the car loan business will be the next one to get caught out as these buy here pay here places are asking ridi...more
Let's be totally honest here. The whole damm mess was caused by greedy banks and mortgage companies not by the borrowers! They were lied to about the costs by these people and had they been told the truth would not in most cases have agreed to continue.
So these new rules are a good thing. The only way to hurt a...more
LOL Spendthrift you conveniently forget to notice that had it not been for the very institutions that now nave to forgive this debt then it wouldn't have been needed!
The banks created this mess in the first place with their insider trading and derivative manipulation followed by convincing people that they could a...more
The reason the "common man" has pulled out is no surprise! High frequency trading and the ability of hedge funds to manipulate the market somewhat have sent anyone with a brain "running for the hills"
Until the government starts taxing high frequency traders at say 1% for every trade over one per minute and enforc...more
Seldom have I seen such an uneducated and ill informed rant!
The problem is rooted in two unpaid for wars that were billed "under the table" so they didn't need Congressional approval, followed by lack of regulation for those very institutions that created the mess.
Obama is not the problem, the real problem is...more
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