 morboComplete Your Transaction
join:2002-01-22
00000 | reply to itguy05
Re: Leave to Beaver (the Government) i trust myself to look out for my best interests. i think people that blame government for all our problems are selectively blind. the example i gave shows that private enterprise has fucked up plenty good. sure, government makes mistakes too, but credit default swaps, etc. were private enterprise dream that is imploding our economy. our financial entities are a complete joke and basically insolvent. the system is being held together with kite string. to blame this crisis (the bubble and implosion) on the tiny percentage of folk that received loans that were "forced" by government is ignorant. don't look at the scape goat (the poor people). follow the money trail to find the answers. |
 NickPurveyor of common sensePremium,VIP,MVM
join:2000-10-29
Smithtown, NY | Short sighted greed got us where were are now.
Greed is good, it makes companies try to out-do one another. The issue we run into is that "management" no longer wants to steer private industry for long term benefits, they just want the quick buck because if they don't produce something huge every 3 months the "street" drops them.
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Stupidity, like hydrogen, is one of the basic building blocks of the Universe.
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