[/quote]“Bankers delight in swathing the concept” of derivatives in complex jargon (not unlike that employed by deconstructionists in academia a decade or two ago), as “opacity reduces scrutiny and confers power on the few with the ability to pierce the veil.”
Greed Layered on Greed, Frosted With Recklessness
I love jargon.
- still.trucking
- Posts: 1967
- Joined: May 9th, 2009, 12:56 am
- Location: Oz or someplace like Kansas
I love jargon.
It makes me feel superior, so smart. Just like an intellectual. Or even a lawyer.
How many of the bankers and the mortgage company execs were/are Republicans..? I'm sure nobody would be surprised to know the answer.
Thx for the link, truck... I can't say I enjoyed the read, but was further awakened by it.
Note: on the same page, right side, there is another disturbing link -
The Obama Haters’ Silent Enablers
Re: http://www.nytimes.com/2009/06/14/opini ... ch.html?em
When will America grow up and wean ourselves from our unjustified fears? We have got to be one of the most fearful nations in the world, especially given the amount of wealth and treasures we have. The rest of the world has to look at us suspiciously when they hear, read and see these reports of our hatreds towards our own President, who won by a landslide.
Thx for the link, truck... I can't say I enjoyed the read, but was further awakened by it.
Note: on the same page, right side, there is another disturbing link -
The Obama Haters’ Silent Enablers
Re: http://www.nytimes.com/2009/06/14/opini ... ch.html?em
When will America grow up and wean ourselves from our unjustified fears? We have got to be one of the most fearful nations in the world, especially given the amount of wealth and treasures we have. The rest of the world has to look at us suspiciously when they hear, read and see these reports of our hatreds towards our own President, who won by a landslide.
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Allow not destiny to intrude upon Now
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Allow not destiny to intrude upon Now
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