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When Keiser meets Celente . . .

As many people now understand, Wall Street is a monopolistic cartel that thrives on putting the rest of the nation and much of the world in debt and controlling all money in the system. It has structurally lived as a parasite on the United States for a century. It seemed like a symbiotic relationship for a long time, but it is now clear that it took over the host and now has nearly reached the point of killing it. Such a parasitic structure is fundamentally pathological, one could say immoral, and pathological structures naturally attract pathological personalities.

- Damon Vrabel

i couldn't put it any better.

the rest of article: http://maxkeiser.com/2010/05/23/guest-post-jamie-dimon-and-wall-street-pathology/#more-6304

:)
 
EnglishMuffin said:
As many people now understand, Wall Street is a monopolistic cartel that thrives on putting the rest of the nation and much of the world in debt and controlling all money in the system. It has structurally lived as a parasite on the United States for a century. It seemed like a symbiotic relationship for a long time, but it is now clear that it took over the host and now has nearly reached the point of killing it. Such a parasitic structure is fundamentally pathological, one could say immoral, and pathological structures naturally attract pathological personalities.

- Damon Vrabel

i couldn't put it any better.

the rest of article: http://maxkeiser.com/2010/05/23/guest-post-jamie-dimon-and-wall-street-pathology/#more-6304

:)
Click to expand...

Word.
 
EnglishMuffin said:
As many people now understand, Wall Street is a monopolistic cartel that thrives on putting the rest of the nation and much of the world in debt and controlling all money in the system. It has structurally lived as a parasite on the United States for a century. It seemed like a symbiotic relationship for a long time, but it is now clear that it took over the host and now has nearly reached the point of killing it. Such a parasitic structure is fundamentally pathological, one could say immoral, and pathological structures naturally attract pathological personalities.

- Damon Vrabel

i couldn't put it any better.

the rest of article: http://maxkeiser.com/2010/05/23/guest-post-jamie-dimon-and-wall-street-pathology/#more-6304

:)
Click to expand...
Maybe you should read Smith: "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."

- Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations. Book 1, Chapter 10.
 
xssve said:
Maybe you should read Smith: "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."

- Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations. Book 1, Chapter 10.
Click to expand...

People often quote Adam Smith on economics, but the dividing point on human existance and human condition go back as far as Plato and Aristotle.

You know that.
 
You'll have to explain that one to me too.

You'll find that this is a pattern of history, and Smiths great contribution is simply in honestly observing that people predictably act in their own self interest - seems like a no brainer, but at that time the Christians had a monopoly on the narrative.

The "dividing point" as you put it, goes back a lot further than Plato or Aristotle, civilization has certain predictable patterns, a distinct pathology of it's own.

The current problem, the only thing that is really different, is that in all ages previous to this one, civilization was strictly optional; this meant that the short term ambitions of the acquisitive often led to the downfall of individual civilizations, but they've never been in a position to drag the whole planet down with them before.
 
xssve said:
You'll have to explain that one to me too.
BYou'll find that this is a pattern of history, and Smiths great contribution is simply in honestly observing that people predictably act in their own self interest - seems like a no brainer, but at that time the Christians had a monopoly on the narrative.

The "dividing point" as you put it, goes back a lot further than Plato or Aristotle, civilization has certain predictable patterns, a distinct pathology of it's own.

The current problem, the only thing that is really different, is that in all ages previous to this one, civilization was strictly optional; this meant that the short term ambitions of the acquisitive often led to the downfall of individual civilizations, but they've never been in a position to drag the whole planet down with them before.
Click to expand...

It goes back to Babylon, mate.

How am I suppose to teach?
 
Last edited:
Murdoch Owned Paper Introduces UK’s New Political Elite . . . Half of Whom Work(ed) for Murdoch or Are Married to Someone Who Works For Murdoch

You go find the article, and read and comprihend.
 
Authoritative huh ?

Songcatcher said:
People often quote Adam Smith on economics, but the dividing point on human existance and human condition go back as far as Plato and Aristotle.

You know that.
Click to expand...

Come now Catcher of Songs ... People should quote Smith, he's as good as anyone on the subject and he keeps it simple; but and a big but it is too; the dividing point between human existance and human condition was discussed long before either Plato or Aristotle, unless you're contending that these were the first thinkers.
 
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