Comments on: Words from the (investment) wise for the week that was (Sept 29 – Oct 5, 2008) http://www.investmentpostcards.com/2008/10/05/words-from-the-investment-wise-for-the-week-that-was-sept-29-%e2%80%93-oct-5-2008/ Prieur du Plessis’s international investment blog Sun, 29 Jan 2012 22:06:48 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: Billhttp://www.investmentpostcards.com/2008/10/05/words-from-the-investment-wise-for-the-week-that-was-sept-29-%e2%80%93-oct-5-2008/comment-page-1/#comment-6051 Bill Mon, 06 Oct 2008 15:43:49 +0000 http://www.investmentpostcards.com/2008/10/05/words-from-the-investment-wise-for-the-week-that-was-sept-29-%e2%80%93-oct-5-2008/#comment-6051 So they're now calling this hustle the New Deal? Well, isn't that precious? It's always advisable when playing the big con to have a nifty hook. We're avoiding long, pompous names that can be turned into infamous acronyms. We're borrowing from past glories now--the Depression of the 30s that so traumatized Boomer parents. Well, at least the Greatest Generation and the Boomers can finally share a common experience. So they’re now calling this hustle the New Deal? Well, isn’t that precious? It’s always advisable when playing the big con to have a nifty hook. We’re avoiding long, pompous names that can be turned into infamous acronyms. We’re borrowing from past glories now–the Depression of the 30s that so traumatized Boomer parents. Well, at least the Greatest Generation and the Boomers can finally share a common experience.

]]> By: Moise levihttp://www.investmentpostcards.com/2008/10/05/words-from-the-investment-wise-for-the-week-that-was-sept-29-%e2%80%93-oct-5-2008/comment-page-1/#comment-6027 Moise levi Sun, 05 Oct 2008 16:16:25 +0000 http://www.investmentpostcards.com/2008/10/05/words-from-the-investment-wise-for-the-week-that-was-sept-29-%e2%80%93-oct-5-2008/#comment-6027 Great article, and great cartoons :) Great article, and great cartoons :)

]]> By: seanhttp://www.investmentpostcards.com/2008/10/05/words-from-the-investment-wise-for-the-week-that-was-sept-29-%e2%80%93-oct-5-2008/comment-page-1/#comment-6026 sean Sun, 05 Oct 2008 15:56:24 +0000 http://www.investmentpostcards.com/2008/10/05/words-from-the-investment-wise-for-the-week-that-was-sept-29-%e2%80%93-oct-5-2008/#comment-6026 An act of parliament(or congress)does not make a person honest. Why can't the entire FIRE sectors have their ENTIRE(including pensions & offshore) assets swapped for derivatives of equal notional value, i.e. their former private assets are now public property and the derivative chits are theirs to keep to maturity. Those not self employed could be put on the national minimum hourly wage rate with the difference made up in derivative chits.If you really want to solve this mess pronto--pay the armed services (especially those serving o.s.)in derivative chits + minimum wage. This would guarantee that wall street would be annhilated, i.e. put out of existence.WALL STREET IS AMERICAS AUSCHWITZ. It does not need reforming, it requires dismantling via obliteration. So when you hear that the mess is being cleaned up (rescue, bailout, bullshit), think of shower time at Auschwitz for Joe Citizen.Commodities? Bullets for bankers and financiers into fertilizer so that they make a belatedly, one off, genuine contribution to society and permanent removal from the human gene pool. An act of parliament(or congress)does not make a person honest. Why can’t the entire FIRE sectors have their ENTIRE(including pensions & offshore) assets swapped for derivatives of equal notional value, i.e. their former private assets are now public property and the derivative chits are theirs to keep to maturity. Those not self employed could be put on the national minimum hourly wage rate with the difference made up in derivative chits.

If you really want to solve this mess pronto–pay the armed services (especially those serving o.s.)in derivative chits + minimum wage. This would guarantee that wall street would be annhilated, i.e. put out of existence.

WALL STREET IS AMERICAS AUSCHWITZ. It does not need reforming, it requires dismantling via obliteration. So when you hear that the mess is being cleaned up (rescue, bailout, bullshit), think of shower time at Auschwitz for Joe Citizen.

Commodities? Bullets for bankers and financiers into fertilizer so that they make a belatedly, one off, genuine contribution to society and permanent removal from the human gene pool.

]]> By: PostOnFire.comhttp://www.investmentpostcards.com/2008/10/05/words-from-the-investment-wise-for-the-week-that-was-sept-29-%e2%80%93-oct-5-2008/comment-page-1/#comment-6019 PostOnFire.com Sun, 05 Oct 2008 08:56:13 +0000 http://www.investmentpostcards.com/2008/10/05/words-from-the-investment-wise-for-the-week-that-was-sept-29-%e2%80%93-oct-5-2008/#comment-6019 <strong>Will the Bailout Plan Work?...</strong>Whew – what a wild week! World stock markets and commodities tumbled, whereas government bonds and the US dollar surged amid mounting fears that the ongoing turmoil in financial markets was foreshadowing a hard landing for the US and Europe. Now th... Will the Bailout Plan Work?…

Whew – what a wild week! World stock markets and commodities tumbled, whereas government bonds and the US dollar surged amid mounting fears that the ongoing turmoil in financial markets was foreshadowing a hard landing for the US and Europe.

Now th…

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