On Mon, Oct 27, 2008 at 7:24 AM, John Williams
<[EMAIL PROTECTED]>wrote:

>
>
> The financial industry is made up of a bunch of greedy people who think
> they know more than they actually do. So is the political industry. I
> prefer the former -- at least they can't force me to waste my money.


I take it you do not own real estate?

I sure seem to have wasted some money involuntarily by trusting the
valuations created by incomprehensibly complex financial industry
instruments.  How is that really different from trusting politicians?  It
was my choice to buy the house, but believe me, despite negotiating the
price down a bit, I had very little choice about how much to pay.  Yet
somehow, I should assume that more regulation would have been bad???

Nick
_______________________________________________
http://www.mccmedia.com/mailman/listinfo/brin-l

Reply via email to