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


To: russwinter who wrote (76110)12/19/2006 4:03:17 PM
From: NOW  Read Replies (2) | Respond to of 110194
 
how could he be faulted for underestimating the greed of the pig men and the stupidity of the rest of us for allowing their greed to be satisfied so easily?



To: russwinter who wrote (76110)12/19/2006 4:34:30 PM
From: SouthFloridaGuy  Read Replies (3) | Respond to of 110194
 
Yes, I am REALLLLY a portfolio manager. And if you think I'm childish, you should meet my "Wall-Street" colleagues. In the end, it's all a game, you gotta make the dough today because you never know what tomorrow holds.

As far as the "Ponzi" scheme goes, that's life in general, deal with it and try to make some loot from it if you're so freaking smart.



To: russwinter who wrote (76110)12/19/2006 8:29:54 PM
From: Mike Johnston  Read Replies (4) | Respond to of 110194
 
and the incredible success the Pig Men and Bully class have had in systematically looting trillions of dollars in the last few years, in the greatest pump and dump in financial history.

This has not been a surprise.
As inflation is spinning out of control so is theft, fraud and corruption.

Nobody wants to work anymore and everybody wants to get their fair share. Inflation always destroys the work ethic. Why should one work for something that is being printed big time and the cronies get oceans of it for nothing ?

The financial mania and the housing bubble have conditioned people to want to get something for nothing.

Hence we are witnessing a free-for-all:
corruption, looting, fraud, acquiring businesses in order to loot assets and then put it in bankruptcy, insider trading, option scandals, early leaks of government data , false economic numbers, pump and dumps, leveraged buyouts of insiders at inflated prices, mortgage fraud, executive compensation fraud, fudged earnings reports, bribery etc etc

But, there is one problem, if i want to get something for nothing, somebody else has to get nothing for something. The common denominator is worthless money. Right now Pig Men are paying for goods/services with the soon to be worthless money and are getting those goods and services basically for nothing.

The whole Ponzi scheme will collapse when people that provide those goods and services for nothing, wake up to the fact that they have been robbed and realize they have worked for years for nothing !

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