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Strategies & Market Trends : The coming US dollar crisis

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To: robert b furman who wrote (11345)9/19/2008 10:42:27 AM
From: Riskmgmt3 Recommendations  Read Replies (1) of 71475
 
Well said. I think that integrity, is the crux of the whole matter.

It is not just that these brains on wall street sliced and diced stuff it comes down to the corruption of the society. Frank Raines walks with 90 million severance pay after he run Fannie into the ground and left the taxpayers the tab; to the couple who are under water and so "walk" from their mortgage obligation. It amazes me that some of the most ardent constitutionalist's advise people to walk away from an obligation they committed to.

If the USA is the greatest country in the world, as some claim, it is because not only it's rule of law but the integrity of the people. Reward corruption, penalize honesty and integrity and you will soon turn the USA into a third world country. IMHO.
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