On Mar 9, 4:58 pm, Igor The Terrible
<igor_the_terri...@[EMAIL PROTECTED]
> wrote:
> On Mar 9, 1:28 pm, Vide...@[EMAIL PROTECTED]
wrote:
>
>
>
> > On Mar 9, 8:28 am, Igor The Terrible
>
> > <igor_the_terri...@[EMAIL PROTECTED]
> wrote:
> > > I'll be amazed if we don't have a financial collapse within 50
> > > months. I feel pretty confident in saying...it's coming!
>
> > > I've never seen dumber, greedier and more incompetent people
involved
> > > in industries driving markets in my life. Who knows, maybe we need
> > > our assholes reamed 10 - 20 sizes over to kick start the dormant
gray
> > > matter atrophied between our ears. After all the dust settles and
we
> > > try and salvage (not much) whatever is left, hopefully the question
> > > will pop in our minds----------------what is a ****ing MBA from
Yale,
> > > Harvard, Wharton, etc... REALLY worth? Couldn't someone go to state
> > > university and receive just as dangerous education; or perhaps,
being
> > > a little more optimistic and pragmatic, a superior one that would
have
> > > instilled enough critical thinking skills in the skulls of these
> > > idiots who were brain dead at the wheel and allowed this **** to
> > > happen and dodge the bull**** in the first place? Not only that,
but
> > > get it at the fraction of the price!!!?!?!
>
> > > --ItT
>
> > old ray just proved your point.
> > laissez-faire is a religion. the high priests and their chanters will
> > tell you they can stop bullets, and raise the dead. they publicly
> > announce with pride their adherence to their faith. alan blinder
> > recently did just that, he looked rather pathetic and foolish as the
> > free market implodes the worlds economy.
>
> > Lincolns comment on"free trade" was, "If I buy $1000 of steel from
> > abroad, we have the steel, but foreigners have the $1000. If I buy
> > the steel in America,
> > we have the steel and Americans have the $1000."
>
> > Using the herds already created by religion and political ideology to
> > sell a totally backward proposition contrived by free market
> > ideologues is an
> > act that needs a countervailing force.
>
> > let the men and women who are wisdom-less speak, we shall free trade,
> > devalue the currency, and borrow our way back to prosperity. debt is
> > money.
> > i have yet to meet a conservative/libertarian that understands debt,
> > or sustainable economics.
>
> > all free trade has done is to "drive innovative hard working
> > americans, into go no where, or part time jobs, driving them deep into
> > debt, to borrow money back that used to be ours, to buy the goods and
> > services we used to make".
>
> > While the great sage Bob Rubin was advising Hillary Clinton on sound
> > fiscal policy, he seemed to be asleep at the Citigroup switch.
>
> > As Warren Buffett has said, we are giving ourselves a party to feed
> > our appetite for oil and im****ted goods and paying for it by selling
> > off the furniture, our most precious assets.
>
> > "Indians? What Indians?"
> > - Gen. Custer
>
> > There is a great deal of psychological comfort to be found in a fully
> > fledged ideology such as laissez faire because it removes the need
> > for
> > critical thought. The ideology is used as an algorithm. All the
> > individual has to do in any situation is to ask what the ideology
> > requires by way of action. The fact that the action may be harmful or
> > the ideology objectively at odds with reality is emotionally
> > unim****tant for the individual. What matters is that an answer has
> > been
> > found which is compatible with the ideology. This is especially
> > appealing to the less intellectually curious.
>
> > Psychologically, political ideologies are akin to religion and their
> > practitioners behave in an essentially religious manner. For example,
> > in the case of laissez faire, its disciples chant "let the market
> > decide" in the manner of Christians saying "God will provide."
>
> > Those amongst the elite who are not true believers in laissez faire
> > will, in most cases, toe the ideological line because they deem it
> > prudent to do so for their own careers and security. The few who
> > speak
> > out against it are simply sidelined.
> > ROBERT HENDERSON
>
> > It seems that GM is attempting to follow the economic miracles in
> > China, India and Mexico where cheap labor attracts money. Anybody
> > remember when new technologies were the bases for economic miracles?
> > Or when economic miracles produced wealth for anyone other than
> > CEO's? Anybody remember when "economic miracle" and "workers in
> > extreme poverty" weren't synonyms?
>
> > ayn rand novels are not historically accurate, nor are they the
> > product of a stable mind.
> > what is the definition of a crank? one who gives out advise that
> > makes no sense at all.
> > what is the definition of a crank? one who accepts, or embraces
> > advise that makes no sense at all.
>
> > our state and nation have experienced major declines resulting from
> > contem****ary conservative leaders and their simplistic ideas. their
> > dour polices regularly fail to connect the dots, let alone comprehend
> > the space between them.
> > richard a. swanson
>
> > none of this stuff will be done much by government action, it can't.
> > the free market still has way to much power.
> > what will change free market economics, is the markets themselves.
> > they will work their magic just like in 1929, and collapse. that
> > collapse will allow the worlds economy to decouple, just like in the
> > late 1920's.
> > that collapse will do immense damage to the wealthy, it will limit
> > their ability to fund crank science which is used to indoctrinate the
> > herds. then governments can reform the worlds economies to work for
> > all, not the few.
> > it could create much instability, and unleash extremism, but free
> > markets is extremism, so it will be a problem not to let the pendulum
> > to swing to far in the other direction.
>
> > definition of a cult:Confusing Doctrine Encouraging blind acceptance
> > and rejection of logic through complex lectures on an incomprehensible
> > doctrine, Chanting and Singing Eliminating non-cult ideas through
> > group repetition of mind-narrowing chants or phrases
>
> > All the data has been pointing to a major melt down for 2 years. It's
> > been propped up with tricks and gum and bailing wire which has only
> > served to let the house of cards be built higher.
>
> > The voices who have been denying it have been engaged in exactly the
> > opposite of what you're carping about. They've known the house would
> > collapse if people didn't keep assuring the next round of suckers that
> > everything was fine. Federal deficit? Doesn't matter. Trade deficit?
> > No big deal. Lower dollar? Good for ex****ts. Unsup****table lending?
> > Look at all the home "owner****p". Record foreclosures? Personal
> > failings. Tax cuts wrecking the fiscal house? They'll' increase
> > revenues (a lie again).- Hide quoted text -
>
> > - Show quoted text -
>
> Excellent post as usual.
thanks:)
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