> The major problem is the speculators risk OUR MONEY for THEIR PROFITS. I spent some time doing futures trading a couple of years ago, so I was an evil "specu

> The major problem is the speculators risk OUR MONEY for THEIR PROFITS. I spent some time doing futures trading a couple of years ago, so I was an evil "speculator". I could have sworn that the money that I lost when I placed a series of bad trades was my own. I really have to learn how to hedge my futures trades with options before I get back into it. :) > This privatization of profits and socialization of risk is what's at stake. I agree to the extent that the whole notion of "too big to fail" and government bailouts is socializing the losses. I would really prefer if we would let the free market work and allow the financial institutions that are that bad to just go out of business.