Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Then declare them illegal - maybe all short sales, too.  At least, re-institute the one-uptick rule in the U.S.

The only problem is that we're discussing things that: 1) won't happen, because the U.S. Congress is what they are; and 2) won't help, because this mess is way beyond re-regulation.  Rationalization - i.e., socialism for the monopolistic/oligopolistic elements of the economy - is the only solution that can offer progressive outcomes at this point.  And that ain't going to happen without a real fight - not Apple vs. Microsoft.

I support Chris Cook's ideas in every way, except that they won't happen either at this juncture.  We're just not evolved enough, however much some of the objective conditions call for his approach.

paul spencer

by paul spencer (paulgspencer@gmail.com) on Fri Mar 20th, 2009 at 03:22:32 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series