Replies to post #40958 on Your Economy (No Politics) (YE1)

[nlightn]

i agree with Fred Gohlke's points,...and to add to it i see an even deeper psyche that is operating,...

recently it has been discovered that GS had a propitiatory high-frequency trading program,...Nasdaq has basically admitted that it intentionally (even if reluctantly) began offering order types that do not contribute to public price formation and market transparency?,...and that basically there are two markets, (and i'll use baseball for the exxample) those, the player, that pays for viewing of signals the pitcher has given to the catcher so they know where the ball is coming over the plate and those players that have to get what is being pitched,...

that to me says we have a attitude elitism.

one that thinks they are above the rules that society needs to be curtailed with and they create their own set of rules. they arrive at this conclusion from their own self appointed status not from any truth in that matter.

so to me it is this "i'm the master and you are the slave" attitude that needs to also become history.

but can that happen ? there are always going to be the individual that is going to attempt to stack the deck in their favor and even though they are cheating they will still look at it as a win and rationalize it by saying everyone could have done this strategy. some sick minds out there. these sick minds are bankrupting this nation for their elist games.