Comments on: So Many Miscreants . . .

By: Greg0658

Greg0658 — Tue, 21 Jul 2009 11:21:48 +0000

nice thread folks .. missed it for days
post @ 9:43 said to myself .. NOW we need a system that lets a single sheep get sheared and that doesn’t bring down the whole field .. this connectedness of the wall street game and everyones living cash* is what needs to be fixed .. that Market Economy and the Real Economy shouldn’t be so interconnected … no perp is ridiculous AGREED problem is there are few prosecutable charges in our court system ASHAME … like corn in a grain bin / we have no system to keep cash at value for many years down the road for retirement / hense these games in our productive real world yet unproductive in the social world / blame CASH

* one world government (I think its here .. different definition mantra only)

By: So many miscreants |

So many miscreants | — Mon, 20 Jul 2009 01:45:42 +0000

[...] The Big Picture on Randall Forsyth’s piece in Barron’s about who is responsible for the current economic meltdown Note what Forsyth writes: Not that there are no villains, but that its hard to pick the worst of the bunch out of all the miscreants involved. Still, it seems he is nominating Greenie as the front runner. [...]

By: 155274263153

155274263153 — Mon, 20 Jul 2009 00:41:23 +0000

just a lurker but registered here
in order to compliment stuart’s words
above on this thread (timestamp 1036am)

used to be a cynic of the highest order
nowadays one of the neo guileless i suppose
and stuart’s words really hit home
most are trusting good and not lazy but
just too pressed for time

i do think it’s greed that causes theses troubles
being able to not succomb to that the key

and yes yes yes
anybody who will not support 100% transparency
is somebody who just can no longer allow to be part
of the process going forward

t/y again stuart for your words

By: Pat G.

Pat G. — Sun, 19 Jul 2009 22:59:09 +0000

To arrive at a conclusion that; “there were no villains in all of this” is simply unfathomable.

By: wunsacon

wunsacon — Sun, 19 Jul 2009 21:46:43 +0000

I dislike attempts to limit or focus on one individual. If people can’t remember (a) more names-to-blame and (b) that ideas and not simply certain people were to blame, then they’ll learn nothing from this or else draw wrong conclusions.

By: Mark E Hoffer

Mark E Hoffer — Sun, 19 Jul 2009 19:19:46 +0000

OT:

to put a Wrap on the 9:18 post:

“Cink didn’t, Elevates Game to Win Open.”

Watson, instructive, even in defeat, shows, again, why He’s One of the Best.

By: Cursive

Cursive — Sun, 19 Jul 2009 17:52:58 +0000

@VD 10:05

Re: Commercial REIT and asset classes in general

Apparently there are still some who really want them, my financial advisor friend included. However, March 2009 was just the beginning. I’m willing to bet that there will be several once-in-a-lifetime opportunities over the course of the next 5 years.

By: alfred e

alfred e — Sun, 19 Jul 2009 16:59:34 +0000

@DanM: WOW! made that choice consciously two decades ago. Cost me, but life has been mine to define. Pleasure and pain. Inseparable.

There’s an upper layer that thinks things are just fine. Just like before.

I chose not to be that layer. It’s a false life. “And Jesus drove the money changers from the temple”. 41% GDP Wall Street. And BSO is going to shoot himself in the foot? Think not.

The poor want to be rich and the rich want to be happy.

“Cognitive dissonance”. Interesting that so many know the term but don’t.

By: danm

danm — Sun, 19 Jul 2009 14:58:05 +0000

Barry, I also think you are looking at it in a very American-centric way. I can say that here in Canada, we did not belive in many of the Americans’ view of socialism but in the end, we always had to give in and follow your policies or we’d end up as a 3rd world country. And once you start going against your values, it’s a slippery slope down hill.

No matter what the system system is, the criminal mind is there waiting for an opportunity. And the US policies of the last few decades just gave them a huge playing field. It’s like letting all your prisoners out of jail without any pocket money and not telling this to your citizens who always leave their front doors unlocked. What could you expect?

By: Stuart

Stuart — Sun, 19 Jul 2009 14:36:58 +0000

People want to trust and generally believe that others are honest. Myself for example. This is the core. Slather on a heaping layer of laziness and you have a populace primed for the picking by those that prey upon the honesty, ignorance and naivety of others. Public looting 101. Of course there are villains and history will reveal many that thrived during the credit explosion and now seek to hide in shadows of opacity and behind the shield of policy during this contraction. Any conjecture there isn’t, well that is more than just cognitive dissonance. A simple examination of those who are opponents to transparency in the marketplace, without caveats, will reveal where to look.