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Investments > Investing Science > Re: Financial S...
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Re: Financial Sector self-destructing

by Les Cargill <lcargill@[EMAIL PROTECTED] > Mar 29, 2008 at 04:56 PM

Jerry Kraus wrote:
> On Mar 29, 2:07 pm, "Canuck57" <dave-no_s...@[EMAIL PROTECTED]
> wrote:
<snip>
> 
> In any case, Greed -- and that is all libertarianism is, Greed as a
> God -- doesn't work out too well as a long-term way of running
> things.  Freedom is always relative.   We live in a material world.
> 


Crazy is still crazy, whether greed infected or not. Wanting
a modestly decent life isn't particularly "greed", but wanting
to spread that around is one core value of the present mess.

While there are isolated pockets of utter insanity, the *overall*
system works towards that end almost overwhelmingly. We're looking
over our shoulder at 1929 at all times, wondering how to make
the biscuits and gravy work out.

> If your point is simply that current American government systems are
> highly corrupt, I would agree with you.  They need to function more
> along European lines.  And, they will.  Your system is collapsing
> around your ears.
> 

Because of having my observations biased ( by working for three European
companies and then a Canadian firm ), I suspect there's simply a delay.

It would be nice if I were wrong. I fear the Euro is as much a fa****on
statement as anything else. If the Europeans can jigger ... *gulp*
infusions of cash to manage unfunded mandates, then we'll all get to see
how that works, including the Chinese and Americans.

We'll see. The European tactics look very good right now.

--
Les Cargill
 




 7 Posts in Topic:
Re: Financial Sector self-destructing
Les Cargill <lcargill@  2008-03-29 16:56:13 
Re: Financial Sector self-destructing
Roy Batty <roybatty@[E  2008-03-29 17:20:11 
Re: Financial Sector self-destructing
Les Cargill <lcargill@  2008-03-29 17:58:56 
Re: Financial Sector self-destructing
Roy Batty <roybatty@[E  2008-03-29 18:38:11 
Re: Financial Sector self-destructing
"Canuck57" <  2008-03-30 03:53:02 
Re: Financial Sector self-destructing
"Canuck57" <  2008-03-29 23:40:21 
Re: Financial Sector self-destructing
ask@[EMAIL PROTECTED] (P  2008-03-30 03:35:06 

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tan12V112 Wed Dec 3 22:35:50 CST 2008.