Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Elroy Jetson who wrote (70425)	9/17/2008 5:00:00 PM
From: Maurice Winn	3 Recommendations Read Replies (2) of 74559

Elroy, you wild-eyed socialists who can't take responsibility for yourselves always like to have scapegoats to blame for your own condition. That's why you blame the great, admirable, estimable, venerable and successful iconic Uncle Al KBE. All he did was provide a money supply. Warren Buffett warned years ago about derivatives and speculative bonus powered leveraged counter-parties. Many others warned too. Warnings about borrowing and lending have been around for centuries and probably millennia. Blaming money instead of foolish greed is silly. I didn't borrow to buy a bunch of houses just because interest rates said I could. Did you? Mqurice

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