On Mar 9, 10:01 pm, stuff_st...@[EMAIL PROTECTED]
wrote:
> On Sun, 9 Mar 2008 18:23:19 -0700 (PDT), Vide...@[EMAIL PROTECTED]
wrote:
> >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:)
>
> Though you might credit the last two paragraphs to their source. ;->
hey stuff, i asked you if it was ok, you never answered. sure, i will
of course. i have others of yours. your are quite eloquent and right
in many of your responses:)
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