Where will they go?
I can write things like 'they should give it to the ones who can not pay the mortgage' or 'give it to the starving people'. But everybody would say it is just another guy that does not understand the way things go it today's world.
That remembers me of the Springsteen's song Born in the USA. There is a line that says: Went down to see my V.A. man, he said 'Son, don't you understand'...
They make us think they know what they are doing, too complex to be understood without the proper Ivy-league-University background. All those financial-engineered products are necessary for the well being of the system. The truth is they know what they are doing, getting richer, but what they do not know is what is at the end of the road. In my humble opinion, the financial code is 'just keep on doing it, fill your pockets and pray so the system crumbles after you are long gone', because they know for sure the building has such weak foundations.
I don't think anybody knew a system based on giving money to people cannot afford to pay it was going to endure for ever. Just for a while, so someone has become rich out of been a wise ass. And probably he is out of business now and laughing.
I recall talking with my friends in Spain on how the real estate market could never go down. Buying a house was always going to be a good, secure investment. I used to say: Why? is not a house like any other kind of goods? Now I know the answer and so they do.
May be a few things are hard to explain to normal people. Einstein theories, Maxwell laws could be among them. But in general, the rest is not understood because we do not want to spend the time to find an accurate and independent source. Not meaning with that some conspiracy-theory lover geek with a blog like mine. This is 2008, Internet provides us with free reliable knowledge. Universities, Wikipedia, non-sensationalist newspapers, respectable people writing in their blogs for us to read and understand.
Everybody is amazed now to read about Michael Milken or the Dot.com bubble and how nobody preview what was going to happen. In five years we all will be so smart to understand the stupidity of selling bonds based on subprime mortgages. Why can't we understand it now? Why nobody could one year ago?
HANS-GERT POETTERING President of the European Parliament: 'You cannot give 700.000 million dollars to the banks and forget about hunger' (September, 28th 2008)
I can write things like 'they should give it to the ones who can not pay the mortgage' or 'give it to the starving people'. But everybody would say it is just another guy that does not understand the way things go it today's world.
That remembers me of the Springsteen's song Born in the USA. There is a line that says: Went down to see my V.A. man, he said 'Son, don't you understand'...
They make us think they know what they are doing, too complex to be understood without the proper Ivy-league-University background. All those financial-engineered products are necessary for the well being of the system. The truth is they know what they are doing, getting richer, but what they do not know is what is at the end of the road. In my humble opinion, the financial code is 'just keep on doing it, fill your pockets and pray so the system crumbles after you are long gone', because they know for sure the building has such weak foundations.
I don't think anybody knew a system based on giving money to people cannot afford to pay it was going to endure for ever. Just for a while, so someone has become rich out of been a wise ass. And probably he is out of business now and laughing.
I recall talking with my friends in Spain on how the real estate market could never go down. Buying a house was always going to be a good, secure investment. I used to say: Why? is not a house like any other kind of goods? Now I know the answer and so they do.
May be a few things are hard to explain to normal people. Einstein theories, Maxwell laws could be among them. But in general, the rest is not understood because we do not want to spend the time to find an accurate and independent source. Not meaning with that some conspiracy-theory lover geek with a blog like mine. This is 2008, Internet provides us with free reliable knowledge. Universities, Wikipedia, non-sensationalist newspapers, respectable people writing in their blogs for us to read and understand.
Everybody is amazed now to read about Michael Milken or the Dot.com bubble and how nobody preview what was going to happen. In five years we all will be so smart to understand the stupidity of selling bonds based on subprime mortgages. Why can't we understand it now? Why nobody could one year ago?
