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Reply #6: You're wrong about the "many people" statement [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
greenvpi Donating Member (235 posts) Send PM | Profile | Ignore Sat Jan-05-08 08:41 PM
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6. You're wrong about the "many people" statement
Most are only open to accredited investors. According to the Securities Act of 1933, you have to make at least $300,000.00 per year for each of the past two years if married in order to qualify as an accredited investor. They operate by excluding common, hard-working people. They're made to screw us over. They have even more control over the markets than you would think because they use leverage. That's why we hate them, and that's why we feel betrayed when Edwards decided to use one of these old boys club tricks to screw-over the average person. He came from an average background, and it stings that he has turned his back on us.
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