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Sadly, it's the same people whining about the bank bailout who can't see why voting with their savings and loan dollars will do the most good. Sadly, most peopl
by VengefulCynic 16y ago
Sadly, it's the same people whining about the bank bailout who can't see why voting with their savings and loan dollars will do the most good. Sadly, most people are all talk.
- todayiamme 16y agoI down voted you because most people simply don't understand what's going on behind the scene. When you don't have knowledge to make a decision you cannot be expected to make the right decision. Try explaining the gory details fiscal derivatives and risk to majority of the population and how the banking system collapse to majority of the population. Like me almost none of them will get it. You need a conceptual foundation to understand the black magic going on over here and most people simply don't have it. This is one of the reasons why people don't vote with their dollars as they are expected to. Moreover, human emotions are overpowering. Give someone the bait of 15X returns in 1/15th of the time with a small paragraph of risk added to the red herring prospectus and watch them jump out of their seats.
- jimbokun 16y ago"You need a conceptual foundation to understand the black magic going on over here and most people simply don't have it." The people executing the trades don't understand them, either.
- arethuza 16y agoOr some know perfectly well what is going on and don't care because of the potential for short term gains.