--- [EMAIL PROTECTED] wrote:
> "The UNDERLYING reasons for putting social security
> into the stock market has not yet come out. And
> it's the nastiest thing yet."
>
> I think you're giving them far too much credit.
>
> I think the people you're talking about -- oil men,
> neocons, free enterprise ideologues -- are deeply
> delusional people who actually believe the mottos
> embroidered on the wool they've pulled over their
> eyes.
There are several dimensions to aristocracy, Stefan.
Stupid-vs-smart. Satiable-vs-insatiable. Romantic
(believers in an elect/elite) vs joyfully competitive.
Certainly those who have hired Michael Crichton as
their house science fiction author, to go around
denigrating science in general and undermine thoughts
of Climate Change, these are ostriches, as you
describe.
But there are others. Dangerously
smart-insatiable-romantic. They want and aim to get a
classic pyramidal social order based upon inherited
privilege.
In today's paper, W said that his new social security
stock-investment plan will NOT allow people to invest
as they wish. Rather, they will choose from a few
narrowly chosen stocks. Chosen by an "impartial and
trustworthy" elite.
Right.
>
> They sincerely believe that the Dow will go up
> forever, that depleted oil wells are filling from
> the bottom, and that maybe a market for trading
> allowances in run off from melting glaciers will
> keep the sea levels from rising.
>
> Well, OK, I think some of them, particularly the oil
> men, may know better. They're counting on getting
> *bought out* when the crash comes. The Feds will
> bail them out the way they bailed out the S&L
> industry after That Other Bush worked his magic.
> They'll take their severance pay and retention
> bonuses and such in Euros.
>
> Me, I will continue to invest in casinos, liquor,
> and fast food.
>
> Stefan
>
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