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alstry (35.21)

Pretty Soon...Humans Will Not Be Able To Own Wall Street Stocks

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August 01, 2011 – Comments (5)

If you think about it...it is the natural progression.

Government/We The People bailed out Wall Street otherwise, as Warren Buffett admits, every Wall Street company would have gone bankrupt.

Thus, WE THE PEOPLE/Government legally/rightfully/and morally should own Wall Street......ALL We The People and NOT just a select few.

As the evidence is now clear, with HFT making up the vast majority of trades, computers can do a much better jobs managing portfolios than humans....

Thus.....you should expect that the PRIVATE ownership of publicly bailed out stocks/bonds will be a thing of the past......and that is the way it should be.

After all, in a representative Republic structured under our Constitution....all men are created equally and there is equal justice for all.....and if that changes.....

get the heck out of the way.....

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5 Comments – Post Your Own

#1) On August 01, 2011 at 1:59 PM, catoismymotor (36.11) wrote:

Shut down your computer, take a walk, see a movie.

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#2) On August 01, 2011 at 2:04 PM, alstry (35.21) wrote:

You can't escape the Udder World.....

You just want to be a REALLY BIG entitlement recipient while most of America collapses....

America comes BEFORE you....

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#3) On August 01, 2011 at 3:40 PM, eldemonio (98.70) wrote:

That's why I'm heavily invested in the companies that make the hardware and develop the software for HFT.  I'm a human who owns the machines who own Wall Street - always keeping one step ahead of the insanity.

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#4) On August 01, 2011 at 4:29 PM, alstry (35.21) wrote:

Your statement makes the logical assumption adn argument that you can have PRIVATE ownership in a land of PUBLIC bailouts...

we shall see...

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#5) On August 01, 2011 at 6:31 PM, eldemonio (98.70) wrote:

If I'm not mistaken, I own my privates.  And I'm pretty sure I won't go public with them.

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