Putting the question, “How many Americans own stock?” in Google’s search engine brings up this page: http://www.rushlimbaugh.com/home/dai...113.LogIn.html

This page comes from a membership service, so I cannot read it, but the excerpt that shows up in the Google results says, “Do you know that over 55% of Americans are in the stock market, either with their 401(K)s or whatever? ...”. So where’s your 90%?

And then there’s http://www.workingforchange.com/prin...m?itemid=15526. From this site: “Norquist speaks constantly of the 70 percent of voters who own shares of stock.” But most Americans are not even registered to vote. So Norquist can only be talking about 70% of a number that is less than 50%. So, “According to the Federal Reserve, half of all Americans have some connection to the stock market, which means that half do not. And even for the happy 50 percent, their major connection to the stock market is through pension funds they do not themselves control.”

It should be noted that when you belong to a pension fund it is that fund that owns stock, not you. The pension fund decides what stocks to buy and what stocks to sell so it can send out the monthly checks that are due.

So, it is not safe to say that Wall Street is main street. If such an overwhelming majority of Americans are invested in the financial markets, fixing Social Security wouldn’t be such a major political issue- one that the Republicans keep pushing and which the Democrats keep stopping. If 50-60-70+% of Americans can rely on the financial Markets, they wouldn’t care about what happens to Social Security.

Flaja you are taking my post that started this whole debate out of context...
here it is again....


please note that i said equity in the markets..... Nowhere did i single out stocks in a stock only basis.... The markets include. The stock market, the bond market, the secondary bond market.. the secondary life insurance market, forex, ETF, commodity's .... etc All of the subgorups that i had posted.




the numbers that the federal reserve gives for the percentage of family's that have transaction acounts is 91% as per the data provide by them.. and the percentage of familys that have any kind of financial assets in the markets is

93.4%

so my original statement is true.... and it is backed up by the numbers presented by the federal reserve..

So in closing every single American has a stake in the markets... Yes some may have more and some have less. But such is life...

Wall street is Main street and vice versa

I see your point. Investors need not be shareholders in a corporation.

But, this brings up another point: the fact that 90% of Americans are investors does not mean that control over the economy is spread among 90% of Americans. You could have as little as $1000 in a bank CD and be called an investor but you would have very little say in how the economy is managed or any control over corporate decision-making. In this regard Wall Street is not main street because most investors are at the mercy of banks and corporate officers/directors.

BTW: What happens to the investor class when debt is taken into account? Just because 90% of American are investors does not mean most Americans are not in debt up to their necks.

those are the breaks..... as you climb any ladder the higher spots have less and less people.. this is how it's been since written history began and this is the way it's going to be

and as far as debt thats between the debtors and debtes... that is a matter of personal responibility and life choices

90% contribute in the equity markets. First, I don't believe you. Second, I would infer that this "90%" would have health care first. Considering, 90% of American's don't, I beg to differ. A trust baby with a spoon in his mouth cheared as he speculated on which way the market would go. He dumped his "old" money in, rode the wave and got out by 3pm. The rest of us saw are dollar continue to errode! International Jewry @ its finest! As for you, find something other with intrinsic value to bath yourself in. What are you going to do this weekend? I'm going to hunt for an article from the Wall Street Journal

Your bigotry is inversely proportional to both your grammar skills and your intelligence.

Flaja, what bigotry are you referring too!

__________________
AMERICA LAND OF THE FREE HOME OF THE BRAVE--BECAUSE OF OUR CONSTITUTION.

Well you dont have to believe me... these numbers are furnished by the FEDERAL RESERVE...... still dont believe me........ please find the link in one of my above post's...



If you could please point out for us where in the United States Constitution does it say government payed health care is gaurenteed.

If you could please point out for us where in the United States Bill Of Rights, does it say that government payed health care is gaurenteed.

If you could please point out for us where in any of the charter's of any state
of this proud republic does it say that government payed health care is gaurenteed.

You find out where it says this in any of these documents and i will agree with your statement... Until then you are wrong
...



This looks like allitle bit of class envy.... You know if folks like you spent half the time in building your assest as you do complaining what the other guy has
you would be the Rich person you so despise...

The funny think about a weaking currancy is this.... The currancy only buys less of whats made outside of it's borders.... As long as you buy Domesticly made goods your dollar is just fine......

The numbers are really misleading if they don't come with any data regarding the value of these investments. Recently I have seen CDs advertised with only a $500 deposit required. But someone who owns a $5000 CD would be counted in the FED's statistics no differently than someone who owns a $50,000 CD is.

Furthermore, if you have more than $500 in consumer debt, owning a $500 CD doesn’t really mean anything at all. Consumer debt, government budget deficits and trade deficits with other countries likely are more indicative of the quality of the economy than individual investments are.

Except for inflation.

If you could please point out for us where in the United States Constitution does it say government payed health care is gaurenteed

1. I never said that, the point is that a reasonably rational thinking individual would have insurance before allocating all his/her resources into the stock market.
point. 2 refer to the above
........3 above

This looks like allitle bit of class envy.... You know if folks like you spent half the time in building your assest as you do complaining what the other guy has
you would be the Rich person you so despise...

Why are you here?
The funny think about a weaking currancy is this.... The currancy only buys less of whats made outside of it's borders.... As long as you buy Domesticly made goods your dollar is just fine......[/

Dude, you have no idea of currency exchange rates, macro economics at all. The dollar is only "currency" as long as it is excepted. No gold standard, nothing that sets the denomination other than the one that puts it in his pocket.

Weaking currancy? your statement says it all