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Pastimes : Don't Ask Rambi -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (70537)	5/7/2010 9:51:44 PM
From: JF Quinnelly	Read Replies (1) \| Respond to of 71178

Vampires and borgs with inductive couple charging chips. Why am I not surprised to find this would be a topic at Rambi...

To: Maurice Winn who wrote (70537)	5/8/2010 11:43:06 AM
From: Ilaine	Respond to of 71178

The great actor, W.C. Fields, who played a con-man in his movies, had a motto, "you can't cheat an honest man." If it seems too good to be true, it is not true. I almost definitely think that's almost always true, but I do have one caveat, "you can cheat a stupid man." What I am still attempting to work out is whether there are people who are too stupid to realize something is too good to be true, or whether they universally realize it's too good to be true but too stupid to care. With respect to speculative bubbles, it seems almost universal that somewhere there is a government involved in priming the pump for reasons that seem like a good idea at the time. Speculative bubbles run so much easier when there is free money involved. Here Fannie and Freddie guaranteeing mortgages, elsewhere China subsidizing exports (we do that too, with agriculture and ethanol but those don't seem to be bubbles, per se.)