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.

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

To: carranza2 who wrote (83668)	11/25/2011 11:57:37 PM
From: dan6	Respond to of 218068

"The truth has as many faces as there are beings that express it. So no-one is ever wrong. Everyone is right, though in limited ways. Wisdom lies in spotting the limitation while being grateful for the insight." - Brian Goodwin

To: carranza2 who wrote (83668)	11/25/2011 11:57:37 PM
From: dan6	Respond to of 218068

"The truth has as many faces as there are beings that express it. So no-one is ever wrong. Everyone is right, though in limited ways. Wisdom lies in spotting the limitation while being grateful for the insight." - Brian Goodwin

To: carranza2 who wrote (83668)	11/26/2011 4:10:35 AM
From: Maurice Winn	3 Recommendations Read Replies (1) \| Respond to of 218068

Come on now C2, globalized properity is zipping along nicely. Global GDP continues to expand. Life is good and getting gooder. <we are in an economic crisis, one that began when the consumer's biggest ATM, his home, started to fall in value. What happened to that globalized prosperity? It is disappearing as the debt incurred to support consumption has overwhelmed consumers > Never in biological history have things got as better as quickly as they are now. There are 5 billion people making things better every day. 5 billion is a stupendously vast synergistic synchronicity, leveraging compounding knowledge with exponentiating Cyberspace and asymptotic intelligence gains powered by parabolic economies of scale. Globalized prosperity is great and getting greater. The economic crisis for the individuals who are involved began not when their ATM house prices started falling but when they believed the gains were real. The crisis for the shareholders of Citigroup, Lehman and others began when they believed they could create ridiculous financial instruments and bet on insolvent speculating counter-parties paying the bill on time. The crisis for the government spivs and bludgers began when they thought the halcyon taxation years were real, though they were based on speculative capital gains and other borrow and hope ponzi schemes. There isn't really a crisis. It's just a matter of those who had inflated expectations coming back to earth and getting real jobs paid what they are worth, which might or might not be as much as the minimum wage. The problem is that electorates and their politicians won't accept reality and will come up with really bad self-destructive ideas to avoid reality, thereby creating a genuinely bad outcome. Mqurice

To: carranza2 who wrote (83668)	11/27/2011 11:10:39 PM
From: Ilaine	12 Recommendations Read Replies (3) \| Respond to of 218068

OK, you have accused me of "trolling", by which I mean stating things which are inflammatory in order to get a response. Not so but I will tell you now exactly what I believe. You live in New Orleans, a place where I lived for a very long time. In my opinion, the culture of New Orleans is such that the people do not want to get ahead in life and want to blame their shortcomings on others. They are lazy and indolent and pleasure loving, and their culture is very antithetical to the Protestant work ethic. They have no ambition. They suffer from a massive inferiority complex. All they want to do is consume, at a very basic level, things like food and music. They do not believe in the virtues of education and hard work. Every time I go back to Louisiana to visit my family I am astonished that the people have become fatter, lazier, less educated, poorer, and more disabled. I would not have dreamed that this was possible. I assure you that the same is NOT true for the rest of the country, no matter what you imagine. I do admire Bobby Jindal. I hope that Louisiana changes its ways.