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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (70176)8/13/2008 6:15:34 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
There does seem to be a strong human motivation to live by bludging, slavery and pecking order: <Isn't this a grand way for both of us to make a living? I pick your pockets one day, you pick mine the next? Everyone's happy all the time.>

People crowd into casinos, stock markets, horse races and will flip coins to establish winners and losers now that they don't do it by force of arms and conquest. That drive is sublimated by football and many other competitive often violent sports.

No wonder people vote en masse for socialism if not totally totalitarian communist governments and invasion of neighbouring countries such as Georgia, Tibet, Taiwan, Korea, China for conquest, looting, pillaging, plundering, murder and rape.

By comparison, our bets on the financial markets are almost civil.

Meanwhile, did you see Uncle Al KBE explaining how the Fannie/Freddie situation should have been handled? As usual, he is right. online.wsj.com

Gung Ho,
Mqurice