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Christians & The Lottery

Obadiah said:
LOL. It makes some kind of electronic coun dropping sound??? That's just... wrong somehow! :shame Even though I have a friend that lives in Vegas that I visit, I guess that shows how often I gamble, eh? Last time I played a shot machine it still had real coins that dropped into a real metal bowl and made a real sound. That was half the fun of getting a payout!
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Do you know that at least one car manufacturer sells an integrated sound enhancement option (speakers with fake thunder-car noises) that makes the car sound like a monster machine when it goes through the gears? (I think the sound is only fed to the interior of the car.)

EDIT: I just found out that some electric cars have external speakers for warning deaf pedestrians, but that is a whole different thing.
 
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Willie T said:
Do you know that at least one car manufacturer sells an integrated sound enhancement option (speakers with fake thunder-car noises) that makes the car sound like a monster machine when it goes through the gears? (I think the sound is only fed to the interior of the car.)
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¿Vanity is a killer, no señior?
 
Is all this akin to elevator shoes, or padded shoulders? Or........ raising the minium wage to make us think we are now richer?
 
One thing I could mention...if you have direct equity share in a company's common stock, you do have shareholder voting rights. It is even possible to acquire enough share percentage to control the company.
 
Obadiah said:
Possible, yes. Probable? Highly unlikely except for and extremely small minority of investors.
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Correct. My point was direct ownership of stock can't be considered pure gambling, as you do have a certain amount of control over the outcome.
 
I fully agree with you iLOVE. I believe its the temptation and how one handles that temptation thats necessary proof to God of ones chara ter.
 
ok so there is a wall street anonymous then? im means its gambling right? so if its is then where is that group? there is ga for the lotto players and black jack players and other gambling. but how come there isn't that problem for wall street.

life is a risk. you take risks everyday.
 
jasonc said:
ok so there is a wall street anonymous then? im means its gambling right? so if its is then where is that group? there is ga for the lotto players and black jack players and other gambling. but how come there isn't that problem for wall street.

life is a risk. you take risks everyday.
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Wall St. is a problem.
If the market crashes, people lose their pensions.
They gamble with their pensions.
 
Rollo Tamasi said:
Wall St. is a problem.
If the market crashes, people lose their pensions.
They gamble with their pensions.
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banks do invest so does insurance. your saving interest that isn't much is the bank borrowing on your money. btw you only loose if you take out the money. ss has a return rate of less then one percent. if the us were to go bankrupt and ss is almost there it would be able to pay ce at his age of retirement and wont be able even with me. so to me I chucking that as lost money forever unless they really fix it. it will go insolvent in 2033 meaning it can pay only 70% of the promise to each American. the more that are given$$$ now the less it will have for the future.
 
It's interesting but Wall Street was originally considered a black market, and still is by some. It all got started when a bunch of company stock owners began to congregate on a certain street in Manhattan- Wall Street, named for the physical wall that ran its length- for the purpose of trading their shares of equity. The idea of capital appreciation runs in direct contrast to the original purpose of shared ownership- that an individual can participate in the long-term success of a larger company, mainly through stock dividends. The idea of "buying low, selling high" is now the primary driver, even though it fuels the concept of investing as a form of gambling.
 
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KevinK said:
...mainly through stock dividends.....
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The Buttonwood Agreement was signed on May 17, 1792. That was when our country still had a de facto gold standard, and stocks were bought for their long run dividends. Bonds were similarly bought for their long run interest. In 1913 everything changed. The bank started printing endless inflation, which eventually resulted in people buying stocks for "capital gains", which were primarily an inflation adjustment. Bonds became certificates of confiscation in the long run, as inflation slowly confiscated their purchasing power.
 
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