Thanks Franklin. I was very aware on how derivatives work. Derivatives are simply contracts for future contracts. The paper dollar is a derivative so to speak, which is a futures contract on the future production of the American people. A derivative is therefore a risky investment and should be entered into a balance sheet as a liability that gives the holder oportuniy cost, less ability to borrow for other items. Derivatives become fraudulent when entered into a balance sheet as an asset. In this situation, the liability of a derivative can be used as collaterol for borrowing to purchase yet more derivatives (futures contracts). When you use this in a circular fasion it becomes a pyramid/ponzi scheme. So, derivatives need not be banned, but we should stop the fraud of using them as an asset class when infact they are a risky liability. Now, what these Wall Street bankers do is they place bids on your labor so to speak and make huge profits for themselves (that is what they were doing with YRC). If the company that you work for is on the stock exchange and the company offers a pension to there employee's, theres a very good chance that these criminal Wall Street bankers are going to go after your pension money. That is why they wanted YRC bankrupted so they can go after the employee's pensions. What a lot of people don't know is that Goldman and a couple other banks practice what they call flash trading. Goldman basically itercepts the entire Wall Street trading data stream and can see "flashes" of competitive bids on stocks or dirivatives before the rest of the market can, they get to peek at the other players cards in the game without the other players knowing what Goldman is holding. Corruption in trades and in stocks is the best way for the big players to really get rich. The rest of us lose money or get the left over scraps. The whole Wall Street game is a giant casino and the small players lose most of the time. Big players can lose big, but they have friends in the Treasury to bail them out when something goes wrong. America's government has become one big corrupt cesspool of greed. Now, what people don't know is that the derivative market is on the verge of callapse and when that happens we are going to experience hyperinflation and a very bad depression.