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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