I have limited tolerance for Cabal's.... but they do amuse me..(not to say some don't exist) I generally disagree with them as patently absurd, since there is a tenancy to jump to ridiculous assumptions.
But this is a good one...Meaning; one I enjoy.
Summary is some kind of JPMorgan(the man)type cabal to overvalue the bank assets and return confidence to the system....(What a horror show that would be, to return confidence to the financial system).... Unless of course you seek Armageddon...
I understand the desire for Armageddon when you are short... but... I just think some of the Babies should be able to eat? and ... you know we are a civilized country... can we not have Roof mounted machine guns?
The continued horror show of the "Free-marketeers" to lift up the Kimono on our economy and be confronted by the economic system hypocrisy, and very real tenancy toward Lemon socialisum.
Tuesday, March 24, 2009
The dark Cabal
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7 comments:
Believers in conspiracies fail to grasp two major concepts :
1. They do not appreciate human nature and the inability to get a large enough group of people together to form a strong enough conspiracy.
2. They do not appreciate the self-correcting mechanisms of society, markets and organizations. Today we are have creative destruction whether we believe it or not. The most important thing being destroyed is the ingrained notion of entitlement: houses without money, salaries without profit, insurance without collateral, etc.
NICE!!!
these hearings are painful.
I have a friend at MS, we got into a discussion about market efficiency..
My thesis that what he called in-efficency was actually the market bleeding off the Excess and therefor part of the efficiency.
is it me or is Legal X a little out there..
and by out there I mean... further off the plank than you and I.
The issue lies somewhere in the selection process or education in law school, I'm sure.
oh... You misunderstand, he does I.T. Support for legal firms.
Did not know that. How did you know????
Maybe it's osmosis from hanging out near lawyers.
It's on his web page....
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