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THOUGHT FOR THE DAY!

" The U.S. public is depoliticized, poorly informed on foreign affairs ... and strongly patriotic in the face of a struggle with "another Hitler". Even though the public is normally averse to war, even with modest propaganda efforts ... the public can be quickly transformed into enthusiastic supporters of war."-- Edward S. Herman, economist, author, and US media and foreign policy critic, Z magazine June, 1999

 

THE SWIMMING NAKED PROPHECY

It's only when the tide goes out that you learn who's been swimming naked - Warren Buffet (2007)

It surely kind of prophetic to hear a market guru, like Buffett, embracing such a philosophical approach two years ago as the Berkshire profits plunged 96% in early March amid the dysfunctional world economy. It is even more baffling to hear him blame the derivatives after admitting that the firm' s equity holdings had lost 44% because of them. One has to wonder exactly which game is he playing.

Comments

The Game

alted1

That would be the GAME where he gets to keep most of the money.

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