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Mark's mutual fund is launching December 15, 2011. He is a self taught private investor who operates the website Fund My Mutual Fund (; a daily mix of market, economic, and stock specific commentary. Fascinated by the market since an early age, he discovered mutual... More
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Paladin Funds
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Market Montage
  • #1 Story on UK Telegraph website 2 comments
    Nov 5, 2009 8:08 PM

    this is not financial but I thought interesting to share.

    It seems the Anglo Saxon model is screaming towards "Rome" . Title: No Respect, No Morals, No trust - Welcome to Modern Britain"


    Litter is annoying, but in the grand scheme of a society that has traded personal responsibility for blame transfer, it is little more than a pointer to a deeper malaise: the corrosion of deference in our schools, the abandonment of manners on our streets and, yes, the death of respect for civility and integrity. We are close to the point where ethical behaviour is regarded as an affliction to be pitied, a loser's burden.

    In a piercing summary of what has gone wrong, Britain's Chief Rabbi, Lord Sacks, concludes: "Concepts like duty, obligation, responsibility and honour have come to seem antiquated and irrelevant. Emotions like guilt, shame, contrition and remorse have been deleted from our vocabulary, for are we not all entitled to self-esteem? The still, small voice of conscience is rarely heard these days. Conscience has been outsourced, delegated away."

    Indeed it has. Individual wrongdoings are, increasingly, an issue not for those concerned, but the state, which dishes out rights in return for unquestioning obeisance. In place of self-restraint, we have installed an all-embracing culture of grievance. Culprits have learnt to claim victim status.

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  • Ergo
    , contributor
    Comments (185) | Send Message
    Thanks for sharing. People have convinced themselves that we can have effective government and society without morality. The long term result is obvious, and will certainly have dire financial consequences - as people at the highest levels squander and steal money on a near unimaginable scale, with zero public scrutiny. Your Rome analogy is right on target.
    6 Nov 2009, 08:56 AM Reply Like
  • WS1835
    , contributor
    Comments (239) | Send Message
    How appropriate that we have our own version of Nero fiddling away in the White House.......
    13 Nov 2009, 04:47 PM Reply Like
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