The Day the Retail Stopped Playing.....

Posted by The Otter Way on July 12, 2012 (09:02AM)

It seems every day there is a new news release that shows the average "Joe, the Plumber", hasn't been given a fair advantage in the market place....

Oh sure, we've been given cheaper access to the market by on-line brokers.....  

But, banks can post any LIBOR rates that their biggest customers needed.  

Tax money from the "People's Money" goes to bailout...

Companies can change operate in the U.S. yet reside and do business legally, even when there is less than .0001 percent of it's personnel working in the official foreign office (Drop Box).

Companies are able to report their earnings in different terms and views other than the one's they send the IRS.

Hedge funds and HFT companies get taxed at a whopping rate of 15%.  Large firms and HFT companies get better access and better timing than anyone of the "People."

Federal Bureau of Labor Stats available to large traders.  So, one also must wonder if the release of court documents, FDA decisions, etc... are now secret until the news....

As Larry Levin ends each of his emails.....

Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banking mafia.


Posted by doougle on July 12, 2012 (09:21AM)

Apparently, the retail investor is still involved in the market... via their tax dollars.

Posted by incubus on July 12, 2012 (09:52AM)

According to the 2006 Citigroup Plutonomy Conference, all is going as planned .

Posted by made to trade on July 12, 2012 (10:16AM)


I'm still in the market.  As long as b/a spreads don't widen, I'll still play haha.

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