This'll get your hearts racing

[oddlots]

This is worth savouring:

http://nymag.com/news/businessfinance/56151/index1.html

My first reaction may be the most genuine. I recalled a sign at a demonstration: jump you f*!^ers!

But what is really sad is that these people still don't get what the problem is despite all that well compensated "book-learning." They all just sound incredibly and depressingly dumb and naive. Like a bunch of house flippers really. What a waste of an education! Hateful people with no curiosity or imagination.

[Guinnesstime]

Re: This'll get your hearts racing

Sounds like expensive wastes of flesh.

[Chris Coles]

Re: This'll get your hearts racing

For those not familiar with web pages set out in multiple pages like this article, may I recommend they find the "Print" button at the bottom and they will find that the first chapter is added and makes a lot more sense of the overall debate.

That they do not "get it" is hardly surprising given that they have not been running a capital system dedicated to long term investment in their nation but instead, a feudal mercantile system dedicated to keeping the money firmly in the hands of the financial institutions and their own internal economy.

If a few of them had given any thought to why the US middle classes were becoming ever poorer, year on year, they might have seen the potential to change direction and make amends. As it is, they have to fail to allow new thinking to come into play, which hopefully will take us back to basics; a capital based system dedicated to long term investment at the grass roots of society to renew the "old fashioned" prosperity.

[santafe2]

Re: This'll get your hearts racing

My first reaction may be the most genuine. I recalled a sign at a demonstration: jump you f*!^ers!

Yup, a bunch of racist ass clowns interviewed by a journalist with a point of view to support. They should have jumped and taken the reporter with them.

[tombat1913]

Re: This'll get your hearts racing

Yup, a bunch of racist ass clowns interviewed by a journalist with a point of view to support. They should have jumped and taken the reporter with them.

How did you get racist from this article?

[occdude]

Re: This'll get your hearts racing

See what happens when you generate a government induced bubble and interfere with a market based liquidation? You get an elitist subclass of people with distorted valuations. They think what they are doing is making the world go round when they are just the grease monkeys who provide the lube.

There may be a lot of denial on the street but the point of fact is that they are WORTHLESS, they have chased a bubble their entire lives and now they don't have a trade as good as a guy who drives a shiny truck and delivers restaurant supplies. Reality bites hard, these guys according to Jim Rogers and myself are gonna be driving taxis in the near future reflecting the true value of their educational aspirations.

So their punishment is their penance and I dont have too much animus towards these delusional people. Truth be told the whole damn countries been delusional for the last couple of generations and they are just the public face of it.

[ax]

Re: This'll get your hearts racing

For those not familiar with web pages set out in multiple pages like this article, may I recommend they find the "Print" button at the bottom and they will find that the first chapter is added and makes a lot more sense of the overall debate.

That they do not "get it" is hardly surprising given that they have not been running a capital system dedicated to long term investment in their nation but instead, a feudal mercantile system dedicated to keeping the money firmly in the hands of the financial institutions and their own internal economy.

If a few of them had given any thought to why the US middle classes were becoming ever poorer, year on year, they might have seen the potential to change direction and make amends. As it is, they have to fail to allow new thinking to come into play, which hopefully will take us back to basics; a capital based system dedicated to long term investment at the grass roots of society to renew the "old fashioned" prosperity.

I think Cronos summed it up best when he said if these guys weren't trading derivatives they only other thing they'd be qualified for is driving taxis (no offense to taxi drivers).

[cjppjc]

Re: This'll get your hearts racing

They think what they are doing is making the world go round when they are just the grease monkeys who provide the lube.


Truth be told the whole damn countries been delusional for the last couple of generations and they are just the public face of it.

Lots of truth there.