neutrino23

Banning Derivatives and Other Such Foolishness

There is no such thing as a free market nor would one be desirable. A truly free market would be anarchy. A truly free market is when a gang of muggers knocks you on the head, leaves you for dead and takes your possessions.

Governments create markets through a stable currency, rules of the game and police and courts for enforcing the rules. Hopefully the point of the regulations is to ensure transparency and honesty and a modicum of safety.

Obama and Your Portfolio

Obama is hardly a Marxist. In the 1950s he would have been called a liberal Republican.