The Body Politic USA

October 20, 2011

When trading Apple stock yields more than actual work….its time to worry…

I have a confession to make.  It is official - I just made more money this year trading a single stock than I made either teaching or selling homes or doing any of the other things that I have been trained to “do” or “produce.”  Given the fact that I am a card-carrying “progressive” this is a sad state of affairs indeed - particularly since the sum I made trading Apple stock on dips and peaks was hardly impressive.  For “playing the game - I do not apologize.  In times like this we have to do what works..and like I said - since I didn’t have much money to trade with in the first place - no markets were shaken to the core by my actions.

My financial worries aside - this leads to a bigger issue that has far more serious implications for  the American  economy and Main Street America.

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