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  • Wall Street Breakfast: Must-Know News [View article]
    Greenspan read Atlas Shrugged and put it into action.[His first published work was a response in the NYT Book Review to a less than worshipful review. He spent years as as paid speaker for Ayn Rand's Nathaniel Brandon Institute.] The current mess is a result of ATLAS SHRUGGED idiots at the helm.


    On Nov 24 10:00 AM outofchips wrote:

    >
    > 1. Institutions that make loans must retain responsibility for the
    > loans. The loans and the associated risks/rewards can't be bundled
    > and passed on to other agencies for investment purposes.
    > 2. Pass laws that make individuals responsible for their actions.
    > For instance, people who borrow money should be aware they have to
    > pay it back or there will be unpleasant consequences. Of course,
    > people who borrow should be made to realize how the loans are structured.
    >
    > 3. NEVER allow solutions that are constructed at the expense of the
    > people who are not responsible for the problem. People who faithfully
    > make their loan payments should not be penalized for those who do
    > not, just as people who exercise, watch their diet and weight, and
    > take care of themselves should not be penalized for those who do
    > not take care of themselves. Never reward the people responsible
    > for the problem at the expense of those who were not.
    > 4. Be grateful for high achievers in our society. Respect them. Appreciate
    > them. They are the ones who invested extraordinary amounts of time,
    > energy, treasure, and sweat that has resulted in our having so much,
    > and they pay most of our country’s taxes.
    > 5. Read ATLAS SHRUGGED.
    > Peter Bennett
    Nov 24 14:23 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    jackooo

    You thought the Democrats controlled Congress? Thoughts and facts are two very different things. The Democrats have 50 seats in the Senate. Since Liberman caususes with the Democrates [ie spies for the Republicans] the Democrats get the chairmanships.

    However it takes 60 votes in the Senate for anything to pass.
    On this past Friday a bill to revise Medicare payments received:
    Yeah 54
    Nay 39
    Not voting 7
    Bill Failed.

    Try to get your facts straight. Thinking does not make it so.
    Jun 23 13:42 pm |Rating: 0 0 |Link to Comment
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