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

To: Skeeter Bug who wrote (103084)	5/6/2009 1:46:35 PM
From: GST	Respond to of 110194

Meanwhile -- back on Wall Street -- Elizabeth Warren's Message to Wall Street: Wake-Up! The Game Has "Fundamentally Changed "http://finance.yahoo.com/tech-ticker/article/242403/Elizabeth-Warren's-Message-to-Wall-Street-Wake-Up!-The-Game-Has-%22Fundamentally-Changed%22?tickers=C,GS,JPM,AIG,MS,XLF,%5EGSPC?sec=topStories&pos=9&asset=&ccode=

To: Skeeter Bug who wrote (103084)	5/6/2009 2:21:53 PM
From: Horgad	4 Recommendations Read Replies (1) \| Respond to of 110194

IMHO In an ideal system, forward looking decisions would be made to benefit the entire human race while at the same time leaving some undefined amount of wiggle room for individualism. I think it is OK to reward hard work, smarts, and special talents (like shooting a basketball <g>), but after a certain point the extra rewards become revolting. Rewards need to be capped and wealth cannot be allowed to pool indefinitely in too few of hands. Just think of where we would be if we cooperated a bit. We could remove the wealth destruction of wars and wasted time chasing dollars and instead concentrate on automating production, producing clean energy, health care, entertainment, etc. Throw in a little population control and we could all be living lives of leisure with machines doing the majority of the work. The only downside would be possible boredom and confusion from the removal of the current life related struggles. It is really too bad that it so easy to envision a path to a better world, yet so impossible to implement. Human nature is and always has been too much greed. Religion has done little or nothing to curb that. Maybe we will evolve someday or genetically engineer ourselves or our leaders to be better....