Hey Zep - here's our global managed economy rearing its ugle head courtesy of DSK
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I tell you I would much rather turn international banking over to the Swiss and let them police it as they will, than permit the IMF to screw it up in the name of half-baked ideas and advanced degrees.
Jon Smith & Wesson: The original point and click interface
Better dead than Red. But honestly, this bullshit is seriously frightening: Sarkozy on Monday repeated his call for a meeting of world leaders "to set the foundations for a new international financial system." What that new system might look like according to the French president was outlined in a speech he gave last Friday in Toulon. "The idea of an all-powerful market which must not be constrained by any rules, by any political intervention, was mad," he said. "The idea that markets were always right was mad." He also said that self-regulation and laissez-faire capitalism "were finished." WTF is that supposed to imply? The solution to this French bullshit is to just not sign the dotted line.
...that mortally intolerable truth; that all deep, earnest thinking is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her on the treacherous, slavish shore.
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What???!!? The IMF has trumped us Gnomes! I knew I should have signed the press release earlier. No problem, I'll send 'round The Goons. But seriously, I was waiting for somebody to start with this nonsense. I'm a little surprised in some ways that it's the IMF and not surprised in others (Kahn is a French socialist, redundant, I know...). If anything I would have expected the World Bank - but then again they deal mostly with developing countries; which, according to some, the U.S. will soon be. So the solution now is to centrally plan on a global scale - I think I'll look for a new job, perhaps farming so at least I won't starve when the proverbial shit hits the global fan.
...that mortally intolerable truth; that all deep, earnest thinking is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her on the treacherous, slavish shore.
73Zeppelin wrote:
I think I'll look for a new job, perhaps farming so at least I won't starve when the proverbial sh*t hits the global fan.
That's what I was thinking... Abandon my genius idea of opening a taco stand in Japan and just be a rice farmer.
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
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73Zeppelin wrote:
I think I'll look for a new job, perhaps farming so at least I won't starve when the proverbial sh*t hits the global fan.
That's what I was thinking... Abandon my genius idea of opening a taco stand in Japan and just be a rice farmer.
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
Yep - I may not have money, but I won't be starving!
...that mortally intolerable truth; that all deep, earnest thinking is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her on the treacherous, slavish shore.
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"We can have national or regional authorities, such as the European Union for example, but we need a global guarantor, an institution which monitors standards," he said last Friday. The IMF, he continued, was "ready to do what is required if we are given the mandate." Should such a system not be set up and should national governments continue to bail out failing banks, "it will give the idea of bottomless pits...that the state will come to the rescue of incompetent managers and greedy speculators This is coming from Dominique Strauss Kahn, head of the IMF who, as recently as July was saying: "there are good reasons to believe the worst news is behind us" thus displaying the financial acumen needed to guide the world's economy.
Jon Smith & Wesson: The original point and click interface
and the pressure mounts for the historically inevitable one world government!
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
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and the pressure mounts for the historically inevitable one world government!
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
Bah, as long as the American government refuses to join such a sham regulatory body, there's nothing Europe can do about it. Europe needs the U.S. more than the U.S. needs Europe.
...that mortally intolerable truth; that all deep, earnest thinking is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her on the treacherous, slavish shore.
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Bah, as long as the American government refuses to join such a sham regulatory body, there's nothing Europe can do about it. Europe needs the U.S. more than the U.S. needs Europe.
...that mortally intolerable truth; that all deep, earnest thinking is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her on the treacherous, slavish shore.
For now... Nothing lasts forever.
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
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Bah, as long as the American government refuses to join such a sham regulatory body, there's nothing Europe can do about it. Europe needs the U.S. more than the U.S. needs Europe.
...that mortally intolerable truth; that all deep, earnest thinking is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her on the treacherous, slavish shore.
Historically, sudden political revolution always follows gradual economic evolution. We are now at one of those historic cusps where the existing political models are increasingly insufficient to control economic realities. Ther is actually very little any one can do about it. We either change politically to accomodate the economy, or the economy collapses entirely.
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
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Better dead than Red. But honestly, this bullshit is seriously frightening: Sarkozy on Monday repeated his call for a meeting of world leaders "to set the foundations for a new international financial system." What that new system might look like according to the French president was outlined in a speech he gave last Friday in Toulon. "The idea of an all-powerful market which must not be constrained by any rules, by any political intervention, was mad," he said. "The idea that markets were always right was mad." He also said that self-regulation and laissez-faire capitalism "were finished." WTF is that supposed to imply? The solution to this French bullshit is to just not sign the dotted line.
...that mortally intolerable truth; that all deep, earnest thinking is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her on the treacherous, slavish shore.
73Zeppelin wrote:
The solution to this French bullsh*t is to just not sign the dotted line.
But it sounds so good. And it would appear that many of the French are socialist sheep, looking for a shepherd.
Jon Smith & Wesson: The original point and click interface
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73Zeppelin wrote:
I think I'll look for a new job, perhaps farming so at least I won't starve when the proverbial sh*t hits the global fan.
That's what I was thinking... Abandon my genius idea of opening a taco stand in Japan and just be a rice farmer.
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
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For now... Nothing lasts forever.
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
-
Historically, sudden political revolution always follows gradual economic evolution. We are now at one of those historic cusps where the existing political models are increasingly insufficient to control economic realities. Ther is actually very little any one can do about it. We either change politically to accomodate the economy, or the economy collapses entirely.
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
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Stan Shannon wrote:
We either change politically to accomodate the economy, or the economy collapses entirely.
I'm betting you don't mean, elect McCain and we'll be OK
Jon Smith & Wesson: The original point and click interface
Oakman wrote:
I'm betting you don't mean, elect McCain and we'll be OK
Hardly. In fact, I think an Obama presidency will ultimately be more conudcive to my preferences than McCain would be.
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
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Bah, as long as the American government refuses to join such a sham regulatory body, there's nothing Europe can do about it. Europe needs the U.S. more than the U.S. needs Europe.
...that mortally intolerable truth; that all deep, earnest thinking is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her on the treacherous, slavish shore.
73Zeppelin wrote:
Bah, as long as the American government refuses to join such a sham regulatory body, there's nothing Europe can do about it.
The Mice held a meeting while the Cat had a stomachache and voted to bell the Cat so they'd know when he was around. Then the Mice tried to figure out how to bell the Cat and who would do it. Monsieur Sarkocheesy was nominated but declined due to an unfortunately scheduled prior meeting where he planned to demand in the strongest possible terms that the Russian Rats stop eating all of Georgia's cheese.
Jon Smith & Wesson: The original point and click interface
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BoneSoft wrote:
Abandon my genius idea of opening a taco stand in Japan and just be a rice farmer.
You mean you aren't just going to live off your investments? (ducks)
Jon Smith & Wesson: The original point and click interface
Ahhh... :mad: You better duck. I currently only have $5k in some mutuals. But last I looked they're down 20%.
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
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73Zeppelin wrote:
The solution to this French bullsh*t is to just not sign the dotted line.
But it sounds so good. And it would appear that many of the French are socialist sheep, looking for a shepherd.
Jon Smith & Wesson: The original point and click interface
Oakman wrote:
that many of the French are socialist sheep, looking for a shepherd.
It is not the french who recently decided to nationalize some of their banks. And for the moment, the french tax payers are not asked to pay a huge amount of money to save their "socialist" banking system.
___________________________________________________________ On the whole human beings want to be good, but not to good and not quite all the time - George Orwell
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Oakman wrote:
that many of the French are socialist sheep, looking for a shepherd.
It is not the french who recently decided to nationalize some of their banks. And for the moment, the french tax payers are not asked to pay a huge amount of money to save their "socialist" banking system.
___________________________________________________________ On the whole human beings want to be good, but not to good and not quite all the time - George Orwell
Yeah, but it's the French, communist head of the IMF calling for global oversight (i.e. socialist) planning of the global economy. Along with Sarkozy, too. As for the French taxpayers not being asked about a bail-out, you should check what Christine Lagarde, France's finance minister, has to say about that. I think you'll find she has a different opinion than you.
...that mortally intolerable truth; that all deep, earnest thinking is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her on the treacherous, slavish shore.