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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (5351)	1/17/2004 11:54:47 AM
From: Crimson Ghost	Respond to of 110194

Going beyond strict economic and financial issues, there is something morally repugnant about the bubble boys making upper class asset holders ever richer as long as working people at the bottom and middle are getting squeezed harder and harder. Talk about class warfare! This is going to lead to a huge political upheaval if it goes on much longer IMHO.

To: mishedlo who wrote (5351)	1/17/2004 3:29:23 PM
From: Haim R. Branisteanu	Respond to of 110194

Why Doesn't Rubin Trust You With His Thoughts?: Intellectual Honesty Rubin also disapproves of most of the economic forecasts offered up to investors by Wall Street firms, as they imply certainty where certainty is not possible. He sits on top of the world's largest seller of financial advice and he thinks, in short, that financial advice is mostly crap. How does someone capable of uttering the phrase ``intellectual honesty'' work for an enterprise whose constant chatter to its customers he regards as something of a sham? He doesn't say. This must be what happens when you make such an art of measuring your words. You can't imagine speaking your mind before you've made some elaborate probabilistic calculation. You think: What practical purpose is served by my saying X or Y even if X or Y is true? It will only cause me trouble, bring me into conflict, cost me credibility, and serve no higher purpose other than, perhaps, the truth. quote.bloomberg.com