The top 100 stock
market authors
selected for publication
market authors
selected for publication
PainfullyAware
»
Comments
» ACH
You are currently following PainfullyAware
Stop FollowingYou are no longer following PainfullyAware
-
563
)
Wall Street Breakfast: Must-Know News [View article]
Using Tax Payer Monies To "Back Stop" Losses On This Crap Is Criminal. Bad Bets Need To Burn !!!
I fear that the "Regulation" that is coming will be authored by those subject to the regulation and handed to our "Purchased Representatives", not for review but for passage. "Shadow Banking" has turned out to be way too lucrative for meddlesome regulation.
Case In Point - Review the Savings And Loan Debacle and Enron. Their structure is the same as our current fiasco - only the names of the "Instruments" have changed.
Wall Street Breakfast: Must-Know News [View article]
Corprotocracy - Where Big Biz Owns/Influences The Government And Voting Is Just For Show.
On May 15 12:21 PM Sober Realist wrote:
> I think a new name or phrase needs to be coined to better describe
> the insidious corruption of our present system. "Socialism" suggests
> some sort of "equality for all individuals, with an egalitarian method
> of compensation." That doesn't really describe the wholesale transfer
> of wealth from America to the financial elite that is happening now.
> "Crony capitalsim" is more apt but still doesn't fully describe the
> massive expansion of government that is swallowing up the private
> sector economy. Fascism is too general of a term.
> Statist capitalism sounds best.
>
> "... it really doesn't matter much whether the rulers call themselves
> capitalist or socialist, whether they plunder by concessions and
> taxation through crony firms or straight-out theft from nationalized
> industries....
> Alvaro Vargas Llosa's five "principles of oppression" are
> -corporatism
> -state mercantilism
> -privilege
> -wealth transfer
> -political law.
> "...the ideological professions of the ruling caste are not very
> relevant to the real problems. The critical factor is basic liberty
> for the people, not the favorite economic flavor of the rulers' intellectuals."
>
Wall Street Breakfast: Must-Know News [View article]
Reality Will Be Reality Weather believed In Or Not.
To Assume Benevolence Is Foolish.
Power Given is not So Easily Taken Back.
Beware that devils may occupy the seats you intended for Angels.
On Feb 17 10:27 AM Atypical wrote:
> Your comment re a 15 member board and the stimulus is totally wrong.
> Whatever source you got that from - don't listen again. Your brain
> is obviously affected.
>
>
> On Feb 17 08:20 AM know nothing wrote: