Quote from wrbtrader:
For you guys that haven't been around ET from the beginning via as a registered member or lurker (not registered)...
The moderation was tough because there was no Politics & Religion threads. Simply, all that stuff you see today in the chit chat and PR threads was being posted in the trading threads. ET was a big mess even though some may say it wasn't that bad.
Members complained and then the chit chat and PR threads were born so that those types of folks had their own island to play on without bothering the other folks (traders). In fact, Baron did get rid of those areas once and all those traders reacted by posting that crap in the trading areas. That caused Baron to bring back chit chat and the PR threads.
That's interesting.
I've been a member of ET since 2003 and there has ALWAYS been a P&R forum.
Quote from wrbtrader:
Last of all, I always find it FUNNY and RIDICULOUS that those complaining about ET not being a professional forum, more often than not are the traders that hang out in the Chit Chat and Political & Religion threads. Baron should just ban those types of folks that complain it's unprofessional at ET if those doing the complaining are visiting or posting in the Chit Chat and Political & Religion threads. 
Mark
Like I mentioned in a previous post, it really doesn't matter where people post on ET anymore... The ship that was filled with VETERAN traders sailed away a long, long, time ago.
It's never coming back.
The bottom-line is that Baron missed a great opportunity (years ago) to insure high quality posts by ACTUAL traders on ET, as opposed to the idiotic paper-traders and/or college kids who fantasize about trading the markets and litter ET with silly, childish posts and content. The only forums that currently have consistent VALUE on ET are the Hardware and Software Forums. Everything else resembles that of a Yahoo Message Board.
Take a look at the Blogosphere in general.
Take a look at all of the FREE stock market blogs that are filled with "paper-traders" and kids playing on the Internet. Without a subscription model, there is no barrier to entry. As a result, you have a lack of quality content, moderation issues, etc.
It's pretty simple.
You get what you pay for.
But as I said before, Baron missed out on this opportunity and the ability to retain a higher quality of content years ago . . . He just doesn't care.