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Call it "Hitler" or call it Al Gore ... Al Gore who has
recently said "Anyone that does not believe global warming should be
jailed". Al Gore who 2 weeks ago told people that they
should commit acts of civil disobedience to stop the construction and
operation of coal fired power plants in the US. Yes, the Hitler
card is not an exaggeration. Facism far more often comes from the
radical left than the right. Even more important is that it comes from
*both* sides and empowering government more is dangerous.
Boater805
At 07:20 AM 10/8/2008, you wrote:
?Hitler? Isn?t that just a
little ignorant? Or are you facing a human oven
somewhere?
Greed is constrained by rational counterparty behavior. When there
isn?t a valid counterparty to assert their economic interest, rational
transactions do not occur. Government, Clinton, Frank, Dodd,
Raines, Robert Rubin?..opened the vault for everyone from ACORN to Lehman
to pick the taxpayer?s pockets. And they did. Of course,
those politicians were paid well for their efforts, they received
contributions and were paid in votes for opening up that vault.
Now, I get to pay for it.
The really neat one was Robert Rubin, who lobbied for Community
Reinvestment Act, reduced credit standards at FNMA//FRE and repeal of
Glass Steagall, took the CEO job at CitiBank, 4 DAYS AFTER GLASS STEAGALL
WAS NEWTERED IN 1999. He lobbied modernizing Glass Steagall
beginning with his testimony before Congress in 1995. 4 days after
its being passed, he took a job from the largest main beneficiary,
Citibank. Hmmmm.
From: realtraders@xxxxxxxxxxxxxxx
[
mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of
hbernst963@xxxxxxx
Sent: Wednesday, October 08, 2008 9:48 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Time to end hedge funds?
The government didn't create greed, speculation or human behavior. What
we
will now get is more government intervention, which you seem to want,
such as
nationalization of industries, banks, etc. Let's hope the next president
turns out to be a benevolent leader like Roosevelt instead of a
totalitarian
like Hitler.
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