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longnine009

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Bring out your dead
August 05, 2008, 12:01:09 AM
And we'll make it illegal for them to be dead.

http://www.ft.com/cms/s/0/9e5d2e90-5d04-11dd-8d38-000077b07658.html

This is capitalism?  No, no, no, this is  El Cid, dead and strapped into a horse.

 


Offline S.George

Re: Bring out your dead
August 05, 2008, 05:01:24 AM
 :D

Sir Old Dan:
'Short Selling' is part of the market game.   As long as 'long position' is part of the market, short sellers  is also a part.
Going long is North Pole.   Going Short is South Pole.
As an experienced player, you will agree that both are necessary for a healthier market.
George

It is by giving others, we actually receive from G
 


KurtS

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Re: Bring out your dead
August 05, 2008, 08:15:07 AM
Quote
Have you ever heard of 'a fair days pay for a fair days work', as these types have apparently forgotten.

On that note, here's an illustration by Currier & Ives from 1875--and still to the point today.
I think there's no real surprise why our economy is in trouble.


 


Offline Nighthawk

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Re: Bring out your dead
August 05, 2008, 10:31:05 AM
Nice illustration KurtS... It's the truth! :)

NUMISMATIST
PHILATELIST
BIBLIOPHILE
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AMATEUR HISTORIAN & PHILOSOPHER
GRANDFATHER of 9
COLLECTING COINS SINCE 1971
 


scottishmoney

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Re: Bring out your dead
August 05, 2008, 10:38:33 AM




Gees oh peas, I don't even see lose women and drink listed for waste of money.  Notice that rag money, a reference to paper money?

 


KurtS

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Re: Bring out your dead
August 05, 2008, 11:09:34 AM
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Notice that rag money, a reference to paper money?
I read there was currency devaluation during and post-war, where silver coin was being hoarded, resulting in the issuing of "fractional currency". There was also a severe market crash in '73, which I think was due in part to speculation in railroads--sound familiar?  ::)  History buffs correct me here.  ;D

 


longnine009

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Re: Bring out your dead
August 05, 2008, 03:21:30 PM
GrandMaster D those who are being shorted can also set a bear trap where those shorting have to buy back at a higher price and they instead get burned. And I believe that stock being borrowed to short is stock that was bought on margin and that it's understood by those buying on margin that it could be loaned out. Unless of course those buying on margin are  real estate barons  from  Nancy Pelosi's district; in which case I believe she is going to introduce a bill making it mandatory that investment contracts do away with words and sentences and use  pictures and drawings instead.  ::)

But it doesn't matter, your right that's all big con game and that's the hypocrisy  of it.  They'll pass laws that protect wallstreet and their white collar dirt-bags  but have they ever passed laws that kept steel mills or ship yards open and kept people doing real work, working?  Did anyone ever introduce a bill making it illegal to close a mill in Ohio or Indiana? They were pretty quick in the 80's and 90's to point to "free markets" "capitalism"  and, oh yeah, let's not forget this gem:  "this will be good for America and good for Americans."  >:(
 


 


Offline S.George

Re: Bring out your dead
August 06, 2008, 04:02:45 AM
 :D

Sir Olddan:

It shows your honesty.
But 'Market Players' are there.  Short Sellers bring TRUE VALUE and correct net worth of the stock price.
Ofcourse they do not own the stock.
If their prediction or assumption come true, they get money.   If not, they, burn their fingers.
Our Freedom and Liberty are, such, that no system can 'ban' both of them.
As as experienced Gentleman, I hope you will agree with me.
Kind regards
George

It is by giving others, we actually receive from G
 


Offline TwoShadows

Re: Bring out your dead
August 06, 2008, 09:14:21 AM
The stock market is for the RICH and always will be. They drug the middle class worker into the mix with the greatest hoax in the last 50 year called a 401K. Guess who has lost the most money? Most 401K plans DO NOT LIST the plan costs, which are taken weekly from the employees contribution and after two years of trying to get that information, from a previous employer, without any luck I told them to stick it where the sun does not shine. Yes I lost a whole lot more while in that joke than I will ever lose playing the Coin Market! Give me gold, silver and the old classics and if I lose money its NO ONE"S fault but my own and I won't have to pay a middle man to do it!

Terry
Knight #1

"Life's a Lemon, I want my money back!" (Meatloaf)