Hi Mike, <<You have a negative mindset, Jay>> No I do not, I know so, and everyone who know me tells me so, and adore me because of it:0)
<<I think because you are a creature of your culture>> just which culture is that?
<<The possibilities for maneuvering and manipulation are just so much more...interesting...when disaster hangs in the air>> no arguments there, a fact. In my case, I am hardly maneuvering, running in place mostly.
<<"Loot the burning house," as you have said>> about a strategem that has been time tested.
<<Over here we call the Fire Department (Uncle Al) and try to rescue our neighbor's family photographs and pets (401ks)>> Yup, I could see all the rescuing going on with ...
(a) Enron, Global Xing, JPM, ... (b) Looting by FED, Amazon, etc of the bond holders (c) Looting by Andersen ... Citi ... (d) Looting by ... you name it ... no I will ... California ... Argentina ... GE/CNBC ...
<<Just as there was no Crash and Depression then, there will be none now>> Depression is a slow chemical reaction, Crash a quick one. Given a choice, I prefer to get it over with, whereas you prefer to hope neither happens, but otherwise take no action to hedge, because you believe you are always right.
I know I may be wrong.
Chugs, Jay
Reference last synopsis posting ...
Message 17235656 |