The CFTC Believes That Trading on the Outcome of the Upcoming Election Would Be….Gambling? – Newsflash to the CFTC: 99.9 Percent of the American People Believe That ALL of What Goes On Wall Street Is GAMBLING and That Reality Is Why Americans Are Still Pulling Billions of Dollars Out of the Unregulated Casino GAMBLING Operation That OUR “Elected and Appointed” Leaders Have Allowed America’s Formerly Great Capital and Financial Markets To Be Turned Into – Yes, You As American Citizen Are Right To NOT Trust These Sorry Bastards On Wall Street….But There Are Still GREAT American Companies Out There To….INVEST In – Yes, INVESTING….What A Novel Idea!
Here’s a story that will get a good laugh out of any American that has rightly concluded that OUR “Elected and Appointed” Leaders have allowed the formerly great American financial and capital markets to be turned into one big unregulated casino over the past 25 years with now computer generated trades accounting for up to 80 percent of the daily trading volume and the rest of the trading being done by Wall Street “banks” that are also little but unregulated casinos that are betting big with the Federal Reserve’s money (i.e. our money) and when the “banks” win they get to keep the profits and when they lose…..Well, you know what happens when the overeducated Ivy League Candy Ass Pussies on Wall Street lose some money….
They come crying to the American Taxpayer to get their Sorry Asses bailed out!
Yes, there is a Very Good Damn Reason that if America had to go to war against the Japanese and Germans in December 1941 with the current Candy Ass Pussies on Wall Street there would be no America for all of us to live in today because there has never been a bigger collection of Candy Ass Pussies in one spot on Planet Earth than on and around Wall Street and spread around a few hundred hedge funds across America. (Read this article in The New Republic about the hedge fund masters of the universe crying like babies because someone (Obama in this case) called them out and asked them to pay the same tax rate as every other American Citizen: The Big Split, Why the hedge fund world loved Obama in 2008 – and viscerally despises him today.)
Getting back to the Wall Street Casino check out this headline and first paragraph from Bloomberg.com
“U.S. regulators decided yesterday that a Chicago exchange couldn’t offer futures contracts tied to the outcome of the 2012 elections. The reason: Such trades would amount to gambling, and that wouldn’t serve the public interest.”
What the Hell?
The CFTC claims that trading on the upcoming election….
“Would amount to gambling?”
Newsflash to the CFCT of which the American People knew long ago:
Today the vast majority of the trades on the New York Stock Exchange, NASDAQ, bond markets, futures markets, commodity markets, etc. are now nothing but…
Right now the Candy Ass Pussies on Wall Street that could not and would not defend the American Republic if it was under attack mainly because if a real shooting war broke out they would be hiding under their Mamma’s beds are wringing their hands and wondering why the general public and the “retail” investors are not pouring their hard-earned money back into the stock market which is up about 30 percent on the year and up over 100 percent since March 2009, but what the Candy Ass Pussies on Wall Street don’t seem to understand is that the American People would not….
TRUST Wall Street with an old No. 2 pencil forget about their hard-earned money because the TRUTH is….
Wall Street CANNOT BE TRUSTED.
Now as rational investors here at Mad As Hell And… we are believers in investing in REAL COMPANIES that are well-run, that pay dividends, have great brands, have strong competitive situations and most of all have great management that can be TRUSTED…as opposed to Wall Street…
That CANNOT BE TRUSTED
….and Wall Street CANNOT BE TRUSTED because in our opinion most of the people working on Wall Street would not only sacrifice the future of EVERY child in America to put another Buck in their pocket they would sacrifice the future of their OWN children to put that same Buck in their pocket which leads us to putting our hard-earned money into….
…which means purchasing the stock of those companies at the lowest possible commission rate that we can find and then we actually do something that Wall Street no longer knows…
ANYTHING AT ALL ABOUT.
We hold onto the stocks in those COMPANIES because we are…..yes, believe it or not…
No, we are not GAMBLERS that are hoping to turn a quick Buck on a stock that goes up $1.00 in a few minutes which leads to some overeducated Ivy League Candy Ass Pussy in Manhattan sitting in front a computer buying a stock at $20.00 and then selling it at $21.00 moments later and then yelling out what a great thing he has done which of course is no different than going to Las Vegas (like those Government Services Agency employees that were partying down with almost $1 MILLION DOLLARS of YOUR MONEY!) and throwing the dice at the craps table.
You say the CFTC is not going to allow trades on the upcoming election because that would be “gambling?”
Please, 99.9% of Wall Street is now doing is…GAMBLING you MORONS!
The reality is that the CFTC (and all other U.S regulators) is so Damn Stupid or willfully blind that they don’t understand that Wall Street is now almost nothing but GAMBLING, but the American People know what is REALLY going on and that is why they are still pulling Billions of Dollars out of the stock market because they know what happens when the overeducated Ivy League Candy Ass Pussies run-up stocks…..they ALWAYS come crashing down!
Be smart. Don’t play the stupid Wall Street games and sure the Hell don’t give your money to some overpriced “full service” stockbroker who does nothing but specialize in ripping people off!
Find the very lowest cost discount broker you can find and then buy the stock of REAL COMPANIES that make REAL PROFITS that pay REAL DIVIDENDS and then hold onto those companies for the long-term with long-term meaning as Warren Buffett has said many times…
“If I have to sell a stock I made a mistake when I bought it.”
Amen to that Warren….Amen to that.