Jack W. Orf Journal

Discussion of important issues of the day without name-calling or meaningless arguments. Unless I'm in a bad mood, in which case body armor is recommended. I welcome your comments! Of late, this blog has gone from being a Critique of Pure Obama, to a Critique of Impure Trump.

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Monday, October 13, 2008

A Quick Fix for the Stock Market

The best idea that I've heard so far for fixing the Stock Market is simply to add some WAITING PERIODS.

The Stock Market should go back to what it was INTENDED to be: A vehicle for investing in public corporations. It should DUMP what it has become: A corrupt roulette wheel, where suckers are systematically milked by hyperintelligent Wall Street thieves. All of this under some ASSININE definition of the "free market".

The Stock Market bears little relation to the free market. It is nothing more than an IDIOTIC roulette wheel that bears little relationship to the brick and mortar companies that it supposedly represents.

How things should work: When people BUY stock, there should be a minimum time commitment. If you were to invest in your buddy's business, wouldn't you be willing to invest your money for some minimal amount of time, like a month or a year?

Secondly, before selling, sellers should be required to give some specific amount of lead time. Perhaps a month. This would at least give companies some time to gather up liquidity.

This would also help honest, decent companies fight off degenerate, SCUMBAG corporate raiders who have DEVASTATED American business and industry. These slimy, greedy, sleezeball, scumbags have put innumerable good, honest, businesses into bankruptcy.

If these 2 features were put into place, the Stock Market would no longer have sudden dips and spikes. It would still proceeed slowly upward and downward, but it would not drop thousands of points in a week!

The $2.5 trillion dollar dip in the Stock Market last week was totally and completely IDIOTIC. The leaders of the SEC should be imprisoned for STUPIDITY. This dip bears no relation to the "free market" whatsoever. The Stock Market has become some idiotic roulette wheel.

Time to fix it.

1 Comments:

Anonymous Anonymous said...

The Government needs to step in and set up a way for companies to bypass the stock market and create a prefered ownership type of stock sold under the kind of restrictions you suggest. Its time to stop this player's manipulation based on rumor, irrelavant news, technical nonsense etc. I want to invest in companies but I want no part of this "free market" where thieves are the only thing that is free.

11/11/08 09:12  

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