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This sounds like protecting people from themselves. I disagree and believe people should have easy access to buying shares, if its a disaster only themselves ar

This sounds like protecting people from themselves. I disagree and believe people should have easy access to buying shares, if its a disaster only themselves are to blame. Also it is not the same as repairing an Airplane. If you lose all your money you only hurt yourself and your family. (And thats the way it should be, people should loss if they are stupid with their finances.)

resu_nimda 13y ago
"Who cares if millions of people take bad loans that they have no chance of repaying? That's their own fault, they should know better." And yet, look at how deeply the entire world was affected. People need to be protected from themselves for the well-being of society. Also, are you Ayn Rand or something? Your only point of argument here is that people should be given more opportunity to ruin the lives of their family at the hands of a system that has most likely willfully manipulated and taken advantage of their lack of experience (including convincing them that it was a good idea in the first place). Have some compassion.
- josephagoss 13y ago
  You make an interesting counterpoint. I was assuming the person led themselves to buying shares of their own free will and not enticed by a bank or other power with malicious intent. I think in your example the banks should really have been punished more as it was their doing that caused the crisis by misleading millions of people.
  - ams6110 13y ago
    The banks were pushed to do it by the feds.
- MarcusBrutus 13y ago
  It's so much comforting to know that the unwashed masses can look up to people such as you or the "experts" to protect them (with compassion) from themselves or from those who seek to manipulate or take advantage of them, such simpletons that they are. Makes it a better world.
  - resu_nimda 13y ago
    Actually my assertion is that the "experts" are doing the manipulating, and the "unwashed masses" don't have the proper protection in our aggressively capitalist system. Can you put forth an actual argument though, something more than vague sarcasm?

resu_nimda 13y ago

"Who cares if millions of people take bad loans that they have no chance of repaying? That's their own fault, they should know better." And yet, look at how deeply the entire world was affected. People need to be protected from themselves for the well-being of society. Also, are you Ayn Rand or something? Your only point of argument here is that people should be given more opportunity to ruin the lives of their family at the hands of a system that has most likely willfully manipulated and taken advantage of their lack of experience (including convincing them that it was a good idea in the first place). Have some compassion.

josephagoss 13y ago
You make an interesting counterpoint. I was assuming the person led themselves to buying shares of their own free will and not enticed by a bank or other power with malicious intent. I think in your example the banks should really have been punished more as it was their doing that caused the crisis by misleading millions of people.
- ams6110 13y ago
  The banks were pushed to do it by the feds.
MarcusBrutus 13y ago
It's so much comforting to know that the unwashed masses can look up to people such as you or the "experts" to protect them (with compassion) from themselves or from those who seek to manipulate or take advantage of them, such simpletons that they are. Makes it a better world.
- resu_nimda 13y ago
  Actually my assertion is that the "experts" are doing the manipulating, and the "unwashed masses" don't have the proper protection in our aggressively capitalist system. Can you put forth an actual argument though, something more than vague sarcasm?