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Orwellingly Yurz
SFN Regular
USA
529 Posts |
 Posted - 01/15/2007 : 20:03:07
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YO! Just THIS In...
http://www.rawstory.com/news/2007/Major_investment_bank_issues_warning_on_0115.html
Sound rationale to me. Not that we might do it, but the prediction that we might do it.
OY,OY!
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"The modern conservative...is engaged in one of man's oldest exercises in moral philosophy. That is the search for a superior moral justification for selfishness."
--John Kenneth Galbraith
If dogs run free
Then what must be,
Must be...
And that is all
--Bob Dylan
The neo-cons have gotten welfare for themselves down to a fine art.
--me
"The meek shall inherit the earth, but not the mineral rights."
--J. Paul Getty
"The great thing about Art isn't what it give us, but what we become through it."
--Oscar Wilde
"We have Art in order not to die of life."
--Albert Camus
"I cling like a miser to the freedom I lose when surrounded by an abundance of things."
--Albert Camus
"Experience is the name so many people give to their mistakes."
--Oscar Wilde |
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JohnOAS
SFN Regular
Australia
800 Posts |
Posted - 01/16/2007 : 16:18:13 [Permalink]
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quote:
Originally posted by Orwellingly Yurz
YO! Just THIS In...
http://www.rawstory.com/news/2007/Major_investment_bank_issues_warning_on_0115.html
Sound rationale to me. Not that we might do it, but the prediction that we might do it.
OY,OY!
It certainly discusses a rationale. I don't quite agree that it's rational, if that's what you originally meant, which I suspect is the case.
That people would want to profit from such a venture (and some would undoubtedly succeed), seems a little beside the point. Conflict on that scale would have incredibly large consequences, both economic and otherwise, which would make financial speculation less than rational, in my opinion. I'm mostly an engineer though, so my expertise with money is largely in spending it when people give me some for working on the sorts of things that I'd generally do anyway. 
I find it amusing that the ING publication is called "prophet". A cute play on words, although I would have thought it'd ruffle a few too many feathers for organisations of this type, which are generally very conservative. Interestingly, the only mention of the word "prophet" in that (perhaps somewhat special) edition was in a footnote referencing an earlier edition. The second link from the article does in fact link to a complete edition of "prophet". |
John's just this guy, you know. |
| Edited by - JohnOAS on 01/16/2007 16:19:17 |
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Orwellingly Yurz
SFN Regular
USA
529 Posts |
Posted - 01/16/2007 : 16:34:34 [Permalink]
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quote:
Originally posted by JohnOAS
quote:
Originally posted by Orwellingly Yurz
YO! Just THIS In...
http://www.rawstory.com/news/2007/Major_investment_bank_issues_warning_on_0115.html
Sound rationale to me. Not that we might do it, but the prediction that we might do it.
OY,OY!
YO!
Thanks for the tepid vote of confidence in regard to my misspelling the word 'rational.' I wouldn't have put up the link had it not gone to what you subsequently clicked-to yourself. OY!
It certainly discusses a rationale. I don't quite agree that it's rational, if that's what you originally meant, which I suspect is the case.
That people would want to profit from such a venture (and some would undoubtedly succeed), seems a little beside the point. Conflict on that scale would have incredibly large consequences, both economic and otherwise, which would make financial speculation less than rational, in my opinion. I'm mostly an engineer though, so my expertise with money is largely in spending it when people give me some for working on the sorts of things that I'd generally do anyway.
I find it amusing that the ING publication is called "prophet". A cute play on words, although I would have thought it'd ruffle a few too many feathers for organisations of this type, which are generally very conservative. Interestingly, the only mention of the word "prophet" in that (perhaps somewhat special) edition was in a footnote referencing an earlier edition. The second link from the article does in fact link to a complete edition of "prophet".
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"The modern conservative...is engaged in one of man's oldest exercises in moral philosophy. That is the search for a superior moral justification for selfishness."
--John Kenneth Galbraith
If dogs run free
Then what must be,
Must be...
And that is all
--Bob Dylan
The neo-cons have gotten welfare for themselves down to a fine art.
--me
"The meek shall inherit the earth, but not the mineral rights."
--J. Paul Getty
"The great thing about Art isn't what it give us, but what we become through it."
--Oscar Wilde
"We have Art in order not to die of life."
--Albert Camus
"I cling like a miser to the freedom I lose when surrounded by an abundance of things."
--Albert Camus
"Experience is the name so many people give to their mistakes."
--Oscar Wilde |
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Orwellingly Yurz
SFN Regular
USA
529 Posts |
Posted - 01/16/2007 : 16:50:53 [Permalink]
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quote:
Originally posted by JohnOAS
[quote]Originally posted by Orwellingly Yurz
YO! Just THIS In...
http://www.rawstory.com/news/2007/Major_investment_bank_issues_warning_on_0115.html
Sound rationale to me. Not that we might do it, but the prediction that we might do it.
OY,OY!
YO!
JohnOAS quote:
"That people would want to profit from such a venture (and some would undoubtedly succeed), seems a little beside the point. Conflict on that scale would have incredibly large consequences, both economic and otherwise, which would make financial speculation less than rational, in my opinion."
OY Sez: I think you've hit upon the reason for concern: Rationality
is not a long suit of this Administration, so the calamity you and I envision from such action doesn't find its foundation in any rationale that is rational. But they might be cherry-picking for "one." It's difficult to be rational when desperate, and that's how many people on this side of the globe see Mr. Bush, unfortunately.
I almost get spooked communicating with someone from Australia on such a subject just after seeing for the 4th time the film "On The Beach." Let's hear it for Nevil Shute. There's Still Time, Brother!
OY!
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"The modern conservative...is engaged in one of man's oldest exercises in moral philosophy. That is the search for a superior moral justification for selfishness."
--John Kenneth Galbraith
If dogs run free
Then what must be,
Must be...
And that is all
--Bob Dylan
The neo-cons have gotten welfare for themselves down to a fine art.
--me
"The meek shall inherit the earth, but not the mineral rights."
--J. Paul Getty
"The great thing about Art isn't what it give us, but what we become through it."
--Oscar Wilde
"We have Art in order not to die of life."
--Albert Camus
"I cling like a miser to the freedom I lose when surrounded by an abundance of things."
--Albert Camus
"Experience is the name so many people give to their mistakes."
--Oscar Wilde |
| Edited by - Orwellingly Yurz on 01/16/2007 16:52:55 |
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