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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: kingfisher who wrote (22781)9/19/2007 1:14:00 PM
From: elmatador  Read Replies (1) of 217581
 
Mr. Marcus Gee writes:

Greenspan acknowledges de Soto in his book, so I think he's in the clear.

Marcus Gee

--------------------------------------------------------------------------------
From: ]
Sent: Wed 19/09/2007 6:49 AM
To: Gee, Marcus
Subject: Greenspan Plagiarism

de Soto explained in his 1986 book The Other Path, these de facto owners were locked out of the formal, legal economy—and that was the root of the problem. "They have houses but not titles; crops but not deeds; businesses but not statutes of incorporation."

Compare with what Greenspan wrote:
Mr. Greenspan notes that despite three decades of reform, Chinese farmers still do not own the land they till. They can lease it and take their produce to market, a huge improvement over the days of Mao-era collective farms, but they cannot buy or sell it or use it as collateral to secure a loan.
This handicap - a lack of access to capital - keeps hundreds of millions of peasants trapped in poverty on the farm while the urban middle-class thrives. "Granting legal title to peasant land could, with the stroke of the pen, substantially narrow the wealth gap between urban and rural residents," Mr. Greenspan writes. As it is, there are thousands of protests in China every year, many of them by peasants evicted from their land for urban expansion or factory construction.

Thsi is plagiarism.

Perhaps he he's eyeing a couple of hundred million Chinese going subprime!
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