No, I did answer that question about where to learn more about white collar crime, and to verify my statements about it. I said this could be done by googling Ralph Nader's organizations and what they have to say on the subject, or it could be done by going to the library. I said I'm not going to do the research for people who are so ignorant that they don't already know about this. I have better things to do with my time than trying to educate the uneducable.
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NYSE Specialist - Stay or Go - vote here
- Thread starter Hamlet
- Start date
No, I did answer that question about where to learn more about white collar crime, and to verify my statements about it. I said this could be done by googling Ralph Nader's organizations and what they have to say on the subject, or it could be done by going to the library. I said I'm not going to do the research for people who are so ignorant that they don't already know about this. I have better things to do with my time than trying to educate the uneducable.
Quote from jimrockford:
No, I did answer that question about where to learn more about white collar crime, and to verify my statements about it. I said this could be done by googling Ralph Nader's organizations and what they have to say on the subject, or it could be done by going to the library. I said I'm not going to do the research for people who are so ignorant that they don't already know about this. I have better things to do with my time.
The thread is about the spec. Stay or go? Not about how you can better spend your time. Also it is not about googling RNO, or by going to the library.
Like Hemlat said, you must be living on another planet. May be that is where you are blogging from.
Quote from 1000:
The thread is about the spec. Stay or go? Not about how you can better spend your time. Also it is not about googling RNO, or by going to the library.
Like Hemlat said, you must be living on another planet. May be that is where you are blogging from.
I made that posting as a direct response to your inaccurate assertion that I had not answered a question, and also your primitive personal insults. I responded to you on the issue for which you expressed concern, and now you are criticizing me for doing so.
This thread is really going downhill. Some of these postings are making me wonder whether there is a full moon tonight.
Quote from jimrockford:
I made that posting as a direct response to your inaccurate assertion that I had not answered a question, and also your primitive personal insults. I responded to you on the issue for which you expressed concern, and now you are criticizing me for doing so.
This thread is really going downhill. Some of these postings are making me wonder whether there is a full moon tonight.
You mean your position is going downhill. Don't drag the thread with you. That's what losers do.
How would you pay for maintenance/sustenance of the system?
Before Dick Grasso, the NYSE was going down hill (like your position), however, they did not drag the system down with them (like you are trying to drag the thread down).
In case you missed the point. The NYSE is a winner. It made the effort to make itself the most successful exchange in the world, and as a result, made the US economy. A win win situation. Companies continue to register to trade their shares at the NYSE.
If you don't like it, go to some other exchange. Why are you picking on the spec.?
Your argument is a lose lose situation, and you know it, just for a few pitiful votes.
In case you missed the point. The NYSE is a winner. It made the effort to make itself the most successful exchange in the world, and as a result, made the US economy. A win win situation. Companies continue to register to trade their shares at the NYSE.
If you don't like it, go to some other exchange. Why are you picking on the spec.?
Your argument is a lose lose situation, and you know it, just for a few pitiful votes.
Quote from 1000:
The NYSE is a winner. It made the effort to make itself the most successful exchange in the world, and as a result, made the US economy. A win win situation. Companies continue to register to trade their shares at the NYSE.
If you don't like it, go to some other exchange. Why are you picking on the spec.?
The NYSE did not make itself the most successful exchange in the world. The U.S. Government made the NYSE a success, by enacting laws and regulations which unfairly gave NYSE a monopoly. Companies continue to register their shares at the NYSE, and investors continue to trade at the NYSE, because they have little choice in the matter. Take away the protective laws and rules, and the NYSE monopoly would eventually wither and die. This process appears to be occurring gradually.
The argument that the NYSE made the U.S. economy is like giving a medicine man credit for the rain, because he performed a rain dance, and then it rained. The U.S. economy was made by centuries of hard work and sacrifice by both slaves and free men and women, and by those who risked, and often lost their investment capital, in the process. The U.S. economy was not made by a bunch of degenerate pickpockets, swindlers, and sneakthieves, operating the longest running shell game in our Nation's history.
The suggestions that the NYSE represents capitalism, and that my criticism of it is "communistic", are just ludicrous. Government-sponsored monopolies, like the NYSE, are socialistic or communistic, not capitalistic. People who defend the NYSE status quo are actually promoting an anti-capitalist, socialistic agenda. I think reasonable people accept a mixture of capitalistic and socialistic features in government policy, but I say the NYSE status quo should not be part of that reasonable mixture.
Quote from jimrockford:
The NYSE did not make itself the most successful exchange in the world. The U.S. Government made the NYSE a success, by enacting laws and regulations which unfairly gave NYSE a monopoly. Companies continue to register their shares at the NYSE, and investors continue to trade at the NYSE, because they have little choice in the matter. Take away the protective laws and rules, and the NYSE monopoly would eventually wither and die. This process appears to be occurring gradually.
The argument that the NYSE made the U.S. economy is like giving a medicine man credit for the rain, because he performed a rain dance, and then it rained. The U.S. economy was made by centuries of hard work and sacrifice by both slaves and free men and women, and by those who risked, and often lost their investment capital, in the process. The U.S. economy was not made by a bunch of degenerate pickpockets, swindlers, and sneakthieves, operating the longest running shell game in our Nation's history.
The suggestions that the NYSE represents capitalism, and that my criticism of it is "communistic", are just ludicrous. Government-sponsored monopolies, like the NYSE, are socialistic or communistic, not capitalistic. People who defend the NYSE status quo are actually promoting an anti-capitalist, socialistic agenda. I think reasonable people accept a mixture of capitalistic and socialistic features in government policy, but I say the NYSE status quot should not be part of that reasonable mixture.
There is nothing stopping the companies from registering on the Nasdaq alone, such as Google. Why now it has to be included on the S&P500, after being the 21st biggest by market cap.
Quote from 1000:
There is nothing stopping the companies from registering on the Nasdaq alone, such as Google. Why now it has to be included on the S&P500, after being the 21st biggest by market cap.
The NYSE has an unfair competitive advantage and monopoly powers created by unfair government rules and laws. Take away the unfair government protection of NYSE, and then it will only be a matter of time before the specialist system disappears. The specialists would not be able to compete with their rivals, if their government protections were eliminated.
Quote from jimrockford:
The NYSE has an unfair competitive advantage and monopoly powers created by unfair government rules and laws. Take away the unfair government protection of NYSE, and then it will only be a matter of time before the specialist system disappears. The specialists would not be able to compete with their rivals, if their government protections were eliminated.
So why do companies want their shares to be traded on the NYSE under such a system as you have described?
There are dual listed companies, and so why the dual listing.
What about the ADRs of foreign companies. You would be campaigning even harder against the LSE where you get milked out of your ass.