[politicket]

If I bet $10 on a baseball game and I win, the loser gives me $10. Zero sum. If the loser doesn't pay me anything, still zero sum. Now, if I was counting on that $10 to pay my mortgage, I might be screwed, but that doesn't change the fact that the bet itself was zero sum.

Faulty logic and spoken like someone wanting to protect the "soundness" of the derivatives system.

[Toddsterpatriot]

Faulty logic

No, your statement is faulty logic.

It is no longer a 1 to 1 event.

How? Please explain.

spoken like someone wanting to protect the "soundness" of the derivatives system.

Wrong again.

[expat_panama]

"...the "soundness" of the derivatives system..."

Hey guy, if you don't like it you don't have to buy it.   The rest of us prefer minding our own business and doing our jobs without having a bunch of know-nothing busy-bodies telling congress to pass some new and goofier law distorting the market so much that it's never going to fit again..

--and if you've really got your little heart set on more laws forcing even more restrictions on us capitalists, at least stop calling yourself a 'conservative'.