Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Joe Btfsplk who wrote (304562)	5/10/2009 8:21:55 PM
From: KLP	Read Replies (1) \| Respond to of 793843

Ahhhhh, yes, but Joe....It IS NOT the Government's job to tell private companies what to do. It is the Stockholders job, if management of the company doesn't see fit to nip problems in the bud. Everything in the financial arena seems to be out of kilter. From the Fed and the Senate and House on down.... The Fed seems to be overrunning the US Constitution, and make that a ditto for the US President.

To: Joe Btfsplk who wrote (304562)	5/10/2009 11:00:55 PM
From: Alan Smithee	1 Recommendation Respond to of 793843

I've always enjoyed this passage from Tom Wolfe's "Bonfire of the Vanities" Judy McCoy, the lovely bride of Sherman McCoy in Tom Wolfe's The Bonfire of the Vanities so aptly explained to her daughter Campbell what exactly her father, Sherman, the bond salesman, does: "Daddy doesn't build roads or hospitals, and he doesn't help build them, but he does handle the bonds for the people who raise the money." "Bonds?" "Yes. Just imagine that a bond is a slice of cake, and you didn't bake the cake, but every time you hand somebody a slice of the cake a tiny little bit comes off, like a little crumb, and you can keep that." Judy was smiling, and so was Campbell who seemed to realize that this was a joke, a kind of fairy tale based on what her daddy did. "Little crumbs?" she said encouragingly. "Yes," said Judy. "Or you have to imagine little crumbs, but a lot of little crumbs. If you pass around enough slices of cake, then pretty soon you have enough crumbs to make a gigantic cake."