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Thursday, 8 January, 2004
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Little Fund on the Prairie
Here's a column for the CS Monitor editotial pages to consider
The myth of the populist stock market csmonitor.com. An idea that i've heard more often recently is the stock market as the new American Homestead. That it will be the market that gives us our American identity, resolve, community. No waving fields of grain, purple mountains majesty, rather Nasdaq and the Dow, that and there is where we will belong. The President believes this and asks we scrap social security and trade in for personal securities.
I hear this talk at the same time I hear the regulators and journalists covering the market admit that todays market lives in two parts one for the big players and insiders - with no real rules that anyone follows, and another one for everyone else. Day traders and small to medium investors, mutual fund folk.
10:26:35 AM ;;
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© Copyright
2004
Paul Bushmiller.
Last update:
1/28/04; 09:52:08.
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Dec Feb |
- Prolegemma to any future FAQ.
- Who are you again?
- paul bushmiller
- what is it exactly that you do?
- at the least, this.
- What is this?
- it's a weblog.
- How long have you been doing it?
- 3 or 4 years. I used to run it by hand; Radio Userland is more convenient.
- Ever been overseas?
- yes
- Know any foreign languages?
- no
- Favorite song?
- victoria - the kinks
- favorite book?
- any book I can read in a clean well lighted place
- Is this one of those websites with lots of contentious, dogmatic and brittle opinions?
- no
- What do you expect to accomplish with this?
- something
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