OK, Chris, I quit. You win.
----- Original Message ----- From: "Christoph Reuss" <[email protected]> To: <[email protected]> Sent: Tuesday, May 18, 2010 8:55 AM Subject: Re: [Futurework] FW: The European Union's Dangerous Game > Ed Weick wrote: >> led to crises such as the American subprime mortgage crisis. Why of >> course, >> everybody is entitled to own their own home. So you build a very large >> number of houses, sell them to people who cannot pay, package mortgages >> into >> securities, get collusive rating agencies to rate the securities triple >> A, >> and sell them far and wide throughout the financial system. The >> securities >> are worthless but investors don't know that. Or as in the recent case of >> Goldman Sachs, sell them to people who know they are worthless but have >> taken out insurance against their collapse and make a lot of money that >> way. > > And the driving force in all of this was: Predators. > It's a profit scheme by and for Predators. Is that so hard to see? > After the housing went bust, the same speculators can buy it nearly for > free. > > >> Perhaps it is more of an American game than a European one, but I'd argue >> that we are all complicit. > > The usual cave-man PR again: It's in our genes, yada yada... > > It's funny, wherever one brings up the Predator theme, at least one > pops up saying basically (or even literally): "We all are Predators!" > Well, it just depends on who you mean by "we". ;-} > > I'd suggest the cave-men walk their talk (for once, at least) and > stop using the Internet, which is so 21st-century... That would make > it a more sensible place. > > And if Soros & Co. would also go back to a cave -- like their fellow > billionaire Osama bin Laden --, the world would be a better place. > Walk your talk, cavemen! And finally leave the non-cavemen alone. > Then let's see whether non-cavemen behave like cavemen! > > How about this longbet: > "If Soros and other "we all are cavemen" believers go back to a cave > and leave the non-cavemen alone, the economies will mend soon." > > Chris > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ > SpamWall: Mail to this addy is deleted unread unless it contains the > keyword > "igve". > > > _______________________________________________ > Futurework mailing list > [email protected] > https://lists.uwaterloo.ca/mailman/listinfo/futurework > _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
