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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (156441)	9/4/2011 3:18:39 AM
From: whitepine	10 Recommendations Read Replies (1) \| Respond to of 206098

Chancels, Have another glass. All will be well in the morning. From the start, it was all a myth, a game, played according to the rules of financial alchemy with other peoples money. "Of course we'll buy that traunch. You know we need to align assets with our future liabilities." The culture, values, and accounting are, and have been, rotten to the core. So now Humpty has fallen. And some are surprised? If you indict all of society for complicity and evasion from any rational definition of fiduciary responsibility, what remains? Don't like the outcome? Move the goal posts -- there are no standards: No Doc --No income --- No look---No SEC-- beside, everyone's doing it. No accountability for anyone for anything, except the remuneration levels for execs at Fannie and Freddie. =============================== No accountability for billions lost in Iraq. Fog of war or fog of administrative bureaucracy? But it was a noble cause which only used other peoples' money. =============================== Figuratively, all of society has been on narcotics for years. For some it has been real dope; for others, it has been the firmly held belief that "discipline" does NOT really matter. Once discipline becomes defined as THE enemy, anything in the short run is possible to paper over the cracks. However, now that the sand of successive compromises has passed through the hour glass, some are actually shocked to learn the entire universe has moved from top to bottom. Discipline? "Too puritanical," the crowd replies. "Mañana" is consensus; "Mañana" is the highest social value. ================================== $200 billion? Hell, some state pension funds lost 1/4 of that in one year. Annuitants didn't even complain or ask for a detailed explanation. Lesson for the future? Lever up, double down. Ain't our money. We're just the custodians with theories. :) ================================== Dope? What, some jive charge for a nickel-bag bust? Who does that hurt? Harmless. Multiplied 10 million times...... as though divorced and unrelated to 40K murders in Mexico? ================================== "But they're only kids. You can't impose that penalty.............its too severe." [ Unlike the crash for drunk driving on prom night that killed all 4 the occupants in the vehicle. :) ] "You can't expect them to go to school every day. They're poor, have no role models, broken homes, yada yada." And, you can't expect them to work for a living. And if they work, you can't expect them to show up regularly..or on time.....or to pay their bills......or......... " And if they do work, you can't expect them to do it right. They've been deprived of a good education. You can't expect them to care, they're paid too little. "So the burger fell on the floor, the customer didn't see it and she'll never know the difference. Yeah, I know, we ran out of soap for the restrooms. I'll be sure to order more, next week." ============ "No, we didn't get all the cancerous tumor. We had to hurry the operation because the operating room was scheduled for the next patient's cosmetic surgery at 10AM. Sometimes things happen. ============ "You can't expect the government to balance its budget. It might cause a recession. We must deficit spend.....(forever)." "We must have a balanced approach." Or as Mel Laird once said about bombing in VietNam: "....limited duration, protective reaction bombing." ............as long as you don't ask those who were on the ground. ========================= Yes, the DOJ complied with the subpoena. "No, we don't find it unusual that 98% of the pages were blacked out to protect........" Who approved the illegal gun sales to Mexican cartel members? [no answer] Who was in charge of closing the border? How many illegal people live in the country today? Is there any other nation on the planet that has such a high proportion of illegal immigrants? "No, Obamacare will not cover illegal aliens." {Well not exactly} ==================================== Robo signatures for foreclosures? No problem wgntv.com