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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (73276)4/20/2010 8:21:18 PM
From: Gib Bogle3 Recommendations  Read Replies (1) of 74559
 
It seems to me that what you really object to is looting by the many, rather than by the privileged few. You are relatively comfortable with deserving GS traders getting multi-millions, but it offends you that undeserving poor people should get welfare assistance. In your belief that things were much better in Victorian days, there is an unspoken assumption that you would have been one of the beneficiaries of the looting. But you would more likely have been one of the vast majority of the poor with little prospect of advancement, fit for a life that was nasty, brutish, and short. The good old days were not.
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