Should insider trading be legal? (user search)
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  Should insider trading be legal? (search mode)
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Poll
Question: Should insider trading be legal?
#1
yes
 
#2
no
 
Show Pie Chart
Partisan results

Total Voters: 29

Author Topic: Should insider trading be legal?  (Read 2316 times)
Giant Saguaro
TheGiantSaguaro
Jr. Member
***
Posts: 1,903


Political Matrix
E: 2.58, S: 3.83

« on: August 14, 2005, 04:40:09 PM »

Well I voted no. I think legalizing this would turn investment from investment into a big racket. Information for sale, kick-backs, I can just imagine how cutthroat it could become. And yes, I agree that it would smash public confidence in the market - there are 'inner circles' now to investment, something like this would make them more powerful.
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Giant Saguaro
TheGiantSaguaro
Jr. Member
***
Posts: 1,903


Political Matrix
E: 2.58, S: 3.83

« Reply #1 on: August 14, 2005, 05:15:56 PM »

Richard, how much of Marx have you actually read? I just think the more you read his philosophical works the more you would understand he would in no way, shape, or form never ever approve of the current system. He felt so alienated by the fledgling capitalist system in his day that he wouldn't even really participate in IT. He mainly lived off his friends. He wouldn't work. He would take a look at the average work week alone for the average American and want to go back into his grave.
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