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	<title>Comments on: Jim Rogers Was Right About Wall Street And Their Maseratis</title>
	<atom:link href="http://www.boom2bust.com/2008/07/24/jim-rogers-was-right-about-wall-street-and-their-maseratis/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.boom2bust.com/2008/07/24/jim-rogers-was-right-about-wall-street-and-their-maseratis/</link>
	<description>"The Most Hated Blog On Wall Street"</description>
	<pubDate>Fri, 05 Dec 2008 01:19:13 +0000</pubDate>
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		<title>By: Editor</title>
		<link>http://www.boom2bust.com/2008/07/24/jim-rogers-was-right-about-wall-street-and-their-maseratis/#comment-2373</link>
		<dc:creator>Editor</dc:creator>
		<pubDate>Fri, 25 Jul 2008 14:17:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.boom2bust.com/?p=964#comment-2373</guid>
		<description>Thanks for the comment Days of Broken Arrows.  You know, Henry Ford, the founder of the Ford Motor Company, once said:

&lt;blockquote&gt;It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.&lt;/blockquote&gt;

I'm no so sure of this anymore.  I suspect a good portion of the American populace prefers living in ignorance. "I don't want to know about it," they say.  And then there's those who say, "Well, as long as I have my toys, why change the status quo?"  They're in for a nasty shock soon.  Yet another segment of society knows it's being manipulated, but throws its hands up in the air, proclaiming, "I know I'm being screwed, but what can I do about it?" Finally, there are those wanting to reform "the system."  What do they say?:

-You want to hold onto your precious seat in Congress?  Fine, but you better not go tinkering with the economy and taxpayer money for your own personal/political gain.
-Your financial instiution is going under because of bad bets?  Sorry to hear that, but don't you dare try "socializing" your losses by calling your pals in Washington for a taxpayer bailout.
-Bought a house you can't afford and now you're losing it?  Horrible, I know.  But don't expect the taxpayers to rescue you.  You can argue until you're blue in the face, but the fact remains--- IT'S YOUR NAME ON THE CONTRACT.  I WILL NOT PAY FOR YOUR BAD DECISIONS.  Besides, when did renting cease to be an option?</description>
		<content:encoded><![CDATA[<p>Thanks for the comment Days of Broken Arrows.  You know, Henry Ford, the founder of the Ford Motor Company, once said:</p>
<blockquote><p>It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.</p></blockquote>
<p>I&#8217;m no so sure of this anymore.  I suspect a good portion of the American populace prefers living in ignorance. &#8220;I don&#8217;t want to know about it,&#8221; they say.  And then there&#8217;s those who say, &#8220;Well, as long as I have my toys, why change the status quo?&#8221;  They&#8217;re in for a nasty shock soon.  Yet another segment of society knows it&#8217;s being manipulated, but throws its hands up in the air, proclaiming, &#8220;I know I&#8217;m being screwed, but what can I do about it?&#8221; Finally, there are those wanting to reform &#8220;the system.&#8221;  What do they say?:</p>
<p>-You want to hold onto your precious seat in Congress?  Fine, but you better not go tinkering with the economy and taxpayer money for your own personal/political gain.<br />
-Your financial instiution is going under because of bad bets?  Sorry to hear that, but don&#8217;t you dare try &#8220;socializing&#8221; your losses by calling your pals in Washington for a taxpayer bailout.<br />
-Bought a house you can&#8217;t afford and now you&#8217;re losing it?  Horrible, I know.  But don&#8217;t expect the taxpayers to rescue you.  You can argue until you&#8217;re blue in the face, but the fact remains&#8212; IT&#8217;S YOUR NAME ON THE CONTRACT.  I WILL NOT PAY FOR YOUR BAD DECISIONS.  Besides, when did renting cease to be an option?</p>
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		<title>By: Days of Broken Arrows</title>
		<link>http://www.boom2bust.com/2008/07/24/jim-rogers-was-right-about-wall-street-and-their-maseratis/#comment-2362</link>
		<dc:creator>Days of Broken Arrows</dc:creator>
		<pubDate>Thu, 24 Jul 2008 15:54:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.boom2bust.com/?p=964#comment-2362</guid>
		<description>The question, then, becomes "why are Americans so complacent?"  There was a recent Wall Street Journal editorial asking this.  How is it that Americans can sit and watch wealth being redistributed to some of the richest people around (Wall Street, Fannie) and not say anything?

I'm convinced something is wrong with the populace. Take away their stupid football games or Rock Band video games, and then I bet they'd riot.  Our spirit has been numbed by too many toys and distractions. Hard to believe they had it right in France long ago.

In this light, you have to respect Black America, because they the system screws them, they protest and/or riot.  What was that Clash song about a white riot? It'll never happen.</description>
		<content:encoded><![CDATA[<p>The question, then, becomes &#8220;why are Americans so complacent?&#8221;  There was a recent Wall Street Journal editorial asking this.  How is it that Americans can sit and watch wealth being redistributed to some of the richest people around (Wall Street, Fannie) and not say anything?</p>
<p>I&#8217;m convinced something is wrong with the populace. Take away their stupid football games or Rock Band video games, and then I bet they&#8217;d riot.  Our spirit has been numbed by too many toys and distractions. Hard to believe they had it right in France long ago.</p>
<p>In this light, you have to respect Black America, because they the system screws them, they protest and/or riot.  What was that Clash song about a white riot? It&#8217;ll never happen.</p>
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