SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (188651)3/5/2009 6:57:18 PM
From: X Y ZebraRead Replies (1) | Respond to of 306849
 
you are a good story teller, i will admit to that.

you blame aynd rand, alan greenspan, and laissez faire capitalism at large as the culprits of the current crash. freddie mac, fannie mae, barney frank and christopher dodd are what ? innocent by standers ? the community reinvestment act has nothing to do with all this... fannie mae and the clinton administrations are what ? more innocent bystanders...

query.nytimes.com

i suggest you go tell your stories to someone else... creating value and exchanging such value for an equivalent value without the intervention of over-burden regulation, is what ? fiction ? that is the basic premise of Laissez Faire Capitalism. fiction, according to you... yeah well...

irresponsible bastards is what got us where we are now, made possible by a bankrupt ideology. "to those according to their needs from those according to their ability..." a true free market has rarely existed... the hands of those in power are always manipulating it... we now will pay for the stupid deeds. the events that will follow will affect us all... but it will be those with the brains and the individual effort who will fare better, they always do... not sure they will all stay here...



To: neolib who wrote (188651)3/5/2009 11:39:20 PM
From: average joeRead Replies (2) | Respond to of 306849
 
"If you ask me to name the proudest distinction of Americans, I would choose- because it contains all the others- the fact that they were the people who created the phrase to make money. No other language or nation had ever used these words before; men had always thought of wealth as a static quantity- to be seized, begged, inherited, shared, looted or obtained as a favor. Americans were the first to understand that wealth has to be created." Ayn Rand