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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (47654)	3/19/2009 9:40:49 PM
From: Fiscally Conservative	Respond to of 217574

Gotcha. Now I understand what you meant. Thank you. I will read it. Bill

To: TobagoJack who wrote (47654)	3/20/2009 12:37:19 AM
From: Maurice Winn	3 Recommendations Read Replies (2) \| Respond to of 217574

TJ, in some jurisdictions, libel is punishable in a big way. In the USA you can with impunity slander and libel people in the public eye [more or less] but in many places you can't. Green$pan did nothing wrong. He was Chairman of the Federal Reserve and goofed around with a few interest rates, answered questions in Congress, played tennis etc. <the resulting anger would have resulted in a lot of punishment by jail of the victors who committed sins, starting with greenspan > Punishable by gaol? For our great and estimable idol Uncle Al KBE? You are losing your grip TJ. Get one!! You are seeming hysterical. Yes, there was fraud and there should be prison if not involuntary body-part donation for fraudulent use of AAA credit ratings used to dishonestly get innocent parties to accept undisclosed and indeed concealed risk. But by and large, dopey people borrowed and dopier people loaned to them. The belief "house prices can only go up" was the basis of the Zombie Zoners. There's no need for prison for such people who deserve each other. Nor is there a need to "bail them out" aka give them OPM. Big Ben is having a LOT of fun and since they own the US$ which they are diluting, it's fair enough. He said years ago he'd do it and now he is. It isn't even a surprise. It was a metaphysical certitude. The owners of property are quite entitled to do what they like with it. He and cronies own US$. I don't have to hold them or use them if I don't want to do so. I choose to do so [until I have finished my secret Qi project which is coming along in leaps and bounds]. People [such as me] who have US$ in cash or in bank accounts, don't own those dollars though they might think they do. They are just bits and bytes without even promissory note quality which holders hold at their peril. They are more like a temporary license to use them, with no time guarantee, subject to recall without notice. There is a royalty charged for using them, which is the dilution rate which the Federal Reserve chooses to apply at any particular time. Mqurice PS: Zombie Zone here. Note the date = August 2002. That looks like plenty of warning before much of the house buying frenzy. Subject 53236 People did NOT have to borrow. People did NOT have to lend. Irrational exuberance is popular.