Fun Times at Rebane's Blog

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I knew eventually Greg would slip up in his role as high grand master of all things mathematical.

Yesterday was the day.

Let's see, did they all come rushing across to pick up a lawn mowing job here, a baby sitting job there, OR

WERE THEY ALREADY HERE, and the work in the fields was over?

If the invisible hand of the market wasn't shattered and bloody from employers, mostly Repubbys, arranging for cheap farm labor in this country, then yes, wages would rise, food prices would rise, and Americans would pick crops in the fields. The country was 95% farmers at the time of the Revolution, and Americans didn't "have to have" imported labor from Mexico, because they "didn't feel like working in the fields." They did the work because it was available, and BTW, I had a girlfriend who sorted carrots in Santa Maria, California, who had a brain but didn't know it. White like me, I might add, just educated to believe that sorting carrots was her role in life. When I was done filling in for the librarian on leave at Allen Hancock College, I couldn't convince her to come north. Last I heard from her, she had married a Hells Angel who provided well for her, digging graves at the cemetery.

If we up the 25 cents per $100 sold in the stock market to $2.50, we then generate $300,000,000, which of course is where I was going with the camel's nose under the tent. Now $300,000,000 may not seem like much to some people but it is indeed almost one third of a trillion dollars.

Now of course there wouldn't be as much random noise in the markets due to computerized algorithmic trading, but maybe that wouldn't be such a bad thing? Maybe having investors atually look at what companies are doing, and the markets they are involved in, might make for a more rational view of the USA economy. Algorithmically driven trading makes cash, but is it good for the country? Does it allow for our current long term disasters?

Have you ever thought, BTW, that all the big trading houses not only know what you have, they also know what you intend to do with it,because they know where your buys and sells are. You don't suppose they can't build themselves a very neat model of which way a given stock is trending, and buy it up, and sell it, either long or short, on a daily or hourly basis, based on that knowledge?

SUCKERS!