Tick Talk

Fannie, Freddie, Uncle Sam and You

User 201843: About bankruptcy: corporations shamelessly file 11's or 7's and reorganize or dissolve the entity respectively. The patriotic American, on the other hand, actually FEELS SHAME and personally shoulders the burden of their consumption decisions (thus modifying their behaviors over time). But here's the killer, this isn't a consumption issue, it's an equity issue. No shareholder in the world NEEDS his/her equity (like consumers need food, clothing, etc.). The comparison of one to the other is apples vs. oranges. But like Whisper On The Wind mentioned, and what I think Jim Rogers is trying to say, is that each entity needs to take their lumps ALONE and not burden others with their poor decision-making (equity risk and consumption alike).

Wisper On The Wind: Your wisdom is timeless, thank you! What is the best way (most peaceful and powerful) way to reduce the size of government by 80%? Is it democratic? Is it vigilante? Please help.