Skip to main content

View Diary: Senator wants to use gambling laws to regulate Wall Street (211 comments)

Comment Preferences

  •  Not true (1+ / 0-)
    Recommended by:
    inclusiveheart

    Granted there is risk in any investment, but that is not the same thing as a gamble.
     Would you consider opening a small business the same thing as gambling in Vegas? Probably not. So risk != gambling.

     As for a long-term investment on Wall Street, consider the idea of dividends. Dividends, when Wall Street still paid them out, was like getting interest on a bond. At one time it was the real purpose of buying stocks.
      However, today people buy stocks to bet on the price of the stock in the future. Dividends are an afterthought, and that is what is wrong with Wall Street.

    "The people have only as much liberty as they have the intelligence to want & the courage to take." - Emma Goldman

    by gjohnsit on Mon Nov 30, 2009 at 04:00:24 PM PST

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site