> Denny wrote: > I highly doubt you're a bigot. I know smart people can be bigots, but > I don't think you're one. I think you're attacking a symptom, not a > cause, and that approach, as such, can be dangerous, cause more > problems, etc.. >
Well, I'm not so sure it's not a cause. There's something clearly there and one doesn't need do much more than read a newspaper to see that. But to refine further, here's my point: In 2003 Buffet called unregulated derivatives "weapons of mass financial destruction". If we followed Grant's logic we should all immediately attack Buffet as a derivatives bigot and then sit back and do nothing about the problem; which, as it turns out, is exactly what happend and guess what? Massive global crisis. Now was Buffet saying ALL derivatives were bad and should eliminated from the Earth? Of course now. He was simply pointing out a problem with ones that were bad and extrapolating their trend. He was pointing out to both the derivatives community and everyone else that there was a serious problem. See if you don't recognize and admit to the problem, you can't fix it. Both the derivatives community - and the rest of us - took a they'll-regulate-themselves approach and it blew up in our face; figuratively speaking of course. So what I'm saying is this: There's a bad problem out there with community X and if they and us fail to admit it you don't need to be rocket scientist to extrapolate out the explosion. It's going to blow up in out faces. Just not figuratively this tim ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:291853 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
