Stephen Russell wrote: > On Thu, Feb 14, 2008 at 12:37 PM, Ricardo Aráoz <[EMAIL PROTECTED]> wrote: > >> Stephen Russell wrote: >> >>> We have no idea how messed up New Orleans is and it's in our own >>> damn country. >> You're probably right, but we Americans don't care so much about New >> Orleans, after all it's a local issue, you natives should sort it out >> yourselves. That would be after you sort out your economy, which you >> hopelessly mangled because you have no idea about how things should be >> properly done. But we Americans are done holding your hands, you should >> emerge as a developed nation by your own efforts. >> > ------------------------------------------------------------------------------------------------- > > I find it very funny how we created investment instruments that on the front > end seemed like great potential. Very short term lifespan for a 30 year > note. A rate change event was used to implement a reissue on said note. > > Suddenly we realize that we were generating false wealth and the rug got > pulled from underneath. > > I am curious how many other counties were doing the same thing in over > valuation for real estate and convincing many people that they could live > an affluent life when they really didn't belong there? >
My country did it in the 70's and again in the 90's. I hope we've learned, though I suspect we don't have much saying in the issue. When the bloody thieves (bankers I think you call'em) decide a country can be sacked they move influences and bribe politicians and normal people can just watch... spend money they haven't earned and then suffer, or don't spend what they haven't earned and then suffer. Only thing that has changed is that they used to do their "business" in certain parts of the world, whereas now they've found out they can do it anywhere. So there you go. Our only advantage is that we've seen the movie and know how it goes. Political coups also used to be circumscribed to certain parts of the world. But I guess the same thing will happen with that. After all, why would an officer that's tortured, murdered and planned coups abroad, not use his knowledge to take his own country where he wants to. Or do you think that torturing or murdering a US citizen will make any difference to them? You've trained them, soon you'll suffer them (though I hope I'm wrong). _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
