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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: TFF who wrote (82025)10/15/2008 12:35:06 PM
From: Real Man1 Recommendation  Read Replies (2) | Respond to of 94695
 
Hank is PISSED. <G>



To: TFF who wrote (82025)10/20/2008 10:02:11 AM
From: oldirtybastard  Respond to of 94695
 
The "nationalization" issue is a fabrication that is encouraged and propagated, both consciously and not, in order to have the real desired action occur, which is free handout/wealth transfer/whatever you want to call it.

The banks in fact should have been nationalized because they were insolvent and came for help. They were dead in the water anyway. They can be assumed to have ceased to exist, so the government would have taken something which was not there anymore - all that was left was liability.

So if you can get enough response riled up about how socialist such a thing as nationalization of degenerate gambling firms would be, you end up having an easier path toward what you really want - outright theft.

As easy as herding sheep.