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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (17014)	4/21/1998 10:06:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

R.D.; When I found it , that was all there was to it..it had allready been taken out of context and was being used in another argument. As for the derivatives being balanced and all , as to off set one another I'm not so dumb as to think they wouldn't do that. My concern is that the derivatives are starting to make up the "most of the so called assets". Their nature being that the assets only exist in the future..and with all the off setting every thing becomes interdependent..one system failure can set up a cascade of failures, which they will keep secreat untill it's too late. Get the blinders off man..Japan is going through it now..and it was much the same, a derivative based banking system that broke down. They have an edge on us as their Government is not so deep in debt if this banking system fails it will be a bigger fall than Japan had and is having. --------------------- As for the complicity of people who aided Hitlers rise to power I don't have time to write a book on it..but there is no simple answer, re> such as he just played off the desperation of the German people.<< .sure he did that..but he had outside support too. I'm an old professional seaman and lawyers will pass my kind over when it comes to picking a Jury..we tend to see things from more angles as the nature of dealing with nature trains us to. Never yet have I seen two ships collide were you could only fault the crew of one of them..the degree of fault may be more on one than the other but always there is some fault on the part of both, and in cases such as "radar assisted" collisions it's fair to say that even the one who was least at fault was guilty of complicity in the act. ----------------------------------- It's human nature that we like to place blame on the doorstep of one or two people and wash our own hands in doing so.. but the reality of life is it's seldom that way. The Nazi movement could not have got up enough head way to come into power with out outside help..and it got that help from right wingers both here and in Euorpe because it looked like it was going to do the dirty work and get rid of them terrible communist.. Even some Jews had some complicity in bringing the movement to power..if we ignor all that we just set up conditions for a repeat of a simular movement in another guise. The German people themselves were likley least at fault, it could happen anywhere under the conditions they were forced to live under after WWI..some how Europe thought the next generation should pay for the sins of the previous one..and insisted on it. They truned a deaf ear on proposals by Wilson..and paid a bloody price too. What do you suppose this next generation of Americas might do if they find themselves under a mountain of debt they can't service, and didn't create ? Jim