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

To: Cogito Ergo Sum who wrote (75182)	6/13/2011 7:50:33 AM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 218166

The snowmobile analogy was because once upon a time we were snow mobiling out at Lake Paudash surrounds during a beautiful clear night with the sky full of stars and it seemed to me that the group was not very safety conscious. It would be easy for somebody to break down, get left behind, then get snowbound. With no Globalstar, SPOT or other such devices back in the day, it seemed hazardous to me. Even in my car I was reluctant to risk much but even with care got stuck once on a country road by the front wheels breaking through into a tiny ditch across the road leaving not enough traction to get out. I had even stopped to evaluate it and decided it was okay to go over - but the front wheels broke through the ice which in fact covered water in the inch or two deep shallow ditch. A nice farmer nearby saved me with his tractor. I would have Globalstar, SPOT and all sorts if in such areas now. Gold bars are silly. They might be better than money, but they are not as good as doing useful things. Look at Apple shares compared with gold over the last decade. Regarding the "bad faith" borrowing, I guess that a lot of such people hope to come right, are desperate, but don't really have a plan, or sensible way of "coming right". Anyway, the legal system takes care of such things and lenders play a probabilistic game, with a certain percentage getting the loans paid off by family or somehow or other. The point is, blaming the Fed, or Big Ben, or Green$pan for the problems is ridiculous. It's reasonable to blame the politicians, but then that means blaming the electorates, which is them the people who should point the finger at themselves. Blaming politicians for doing what they say they'll do because that's how to get elected, is silly. Blaming the person who invented kilometres when it turns out to be a long way to walk, too far in fact, is silly. The person who decided how many kilometres to walk is the one to blame. Walking miles instead of kilometres doesn't make the distance any shorter. Mqurice