"I see the politicians and bankers as just sides of the same coin" - Hedge fund manager Hugh Hendry rails against the regimists, crony capitalism and bailouts on BBC HARDtalk.
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Private investors gambling with their own money is entirely moral and entirely ethical, the money is theirs.
The same cannot be said for governments, whose entire wealth is acquired through theft at gunpoint. Just because they use some of the stolen loot to buy support through corporate welfare and government handouts doesn't make it right. The more these criminal governments expand, the more they need to steal (through taxes and inflation) to keep the ponzi scheme going, hence the inevitable collapse of every empire and every regime. If the hedge fund managers can hurry this process along, consider it a service. - Chris, InfoLib
According to documents obtained by John Cook through a freedom of information request, WRAL in Raleigh, North Carolina, and WTOC in Savannah, Georgia, have both hosted psyops soldiers as part of the Army’s Training Wi... (more)
Google's CEO: 'The Laws Are Written by Lobbyists'
posted 10/03/2010, 11:18 PM (The Atlantic) [Category: Politics/Corruption] "The average American doesn't realize how much of the laws are written by lobbyists" to protect incumbent interests, Google CEO Eric Schmidt told Atlantic editor James Bennet at the Washington Ideas Forum. "It's shocking how the system actually works."