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Justice wanted

(2,657 posts) Sun Feb 26, 2012, 08:20 PM Feb 2012

Can we make futures speculation illegal? We see Wall Street again taking steps to crash our market [View all]

again. We see this happen with the "Housing Bubble" and the first crash in 2008 NOW we see the prices of oils going up and up because WALL STREET is again playing YET Again with our economy not even a FULL 4 years later.

NOW this article:
http://thinkprogress.org/report/koch-oil-speculation/

Honestly we need to gain some sort of control on WALL Street before we have a 1920s crash.

(humble opinion here.)

11 replies

= new reply since forum marked as read

Highlight:

Can we make futures speculation illegal? We see Wall Street again taking steps to crash our market [View all] Justice wanted Feb 2012 OP

Yes. nt MannyGoldstein Feb 2012 #1

How about a hefty tax on all short term investing n/t doc03 Feb 2012 #2

Its not so much people as it is an insufficiently regulated market bhikkhu Feb 2012 #3

This message was self-deleted by its author MikeOlsen Feb 2012 #4

you can't make speculation illegal. you'd have a tough time even defining it. unblock Feb 2012 #5

I believe FDR made it a crime during his 3rd term. Initech Feb 2012 #6

...the worst president according to Libertarians and Reaganites. JNathanK Feb 2012 #10

No. Buying into the future is an important part of commerce. banned from Kos Feb 2012 #7

It was a crime until Reagan was president. Initech Feb 2012 #8

I've been molested enough times by the invisible hand. JNathanK Feb 2012 #9

We should regulate so the market serves max utility to the People PufPuf23 Feb 2012 #11