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Showing posts with the label The Stock Market

The Stock Market: A Legal Ponzi Scheme?

OK, maybe Ponzi Scheme isn't exactly the correct term to use, but if you're not yet convinced the stock market is rigged, and designed to facilitate the transfer of wealth from the middle class to the wealthy, you might just be after watching this interview with Mad Money's Jim Cramer on The Daily Show with Jon Stewart. Be sure to watch part 2 and part 3 , for the really enlightening stuff! The Daily Show With Jon Stewart Jim Cramer Pt. 1 Now don't get me wrong, there is still money to be made in the stock market. Just don't think of the stock market as a form of investing, it's really nothing more than a legalized form of gambling. For every dollar someone makes, someone else loses a dollar, but the big boys always take their cut off the top of both transactions.