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GURGLETROUSERS
Joined: 30 Dec 2009
Posts: 2643
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 Posted: Sat Nov 05, 2011 5:20 am Post subject: |
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It is true that we in Britain suffer from a 'brain drain' problem. The brightest and best of our well qualified young often desert our over regulated and risk averse shores, especially under the stifling hand of socialist governments, for the freedom and enterprise of America.
It isn't wealth that draws them, but the opportunity to innovate and develop ideas. Perhaps they should now move to China (most of the worlds manufacturing seems to have done so) while we in the West piddle about trying to save the planet! |
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capetonian
Joined: 11 Aug 2006
Posts: 1196
Location: Florida
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| Posted: Sat Nov 05, 2011 9:55 am Post subject: |
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| stevenbard wrote: | | capetonian wrote: | | Not to deflect from a good article, but I wonder if by pseudosciences he meant whatever it was that the wall street masters of the universe studied? |
Hey, be careful, my daughter worked for a hedge fund, and is now an investment banker in SF. She studied economics. Most have law degrees or MBA's.
She is already known as honorable, and straightforward. They are not given enough ethics courses in business school though. I think the 1st thing they should learn in school is public service, morality, compassion, and philosophy. Then how to lead with distinction.
Most of them are just little men with too much power, and should have been squashed in 08. There would have been so much opportunity then.  |
Hey Steve, that quote is also directed at myself. In addition I also qualified as a Chartered Accountant and a CFA. For both of those qualifications, and especially for the CFA, if you failed the ethics section you failed overall regardless of how well you did on everything else. The CFA Institute takes ethics very seriously, and not only strips offenders of the designation but names names when someone crosses the line.
Last edited by capetonian on Sat Nov 05, 2011 11:12 am; edited 1 time in total |
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mac
Joined: 07 Mar 1999
Posts: 17747
Location: Berkeley, California
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| Posted: Sat Nov 05, 2011 11:09 am Post subject: |
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this explains a lot: my daughter worked for a hedge fund.
You must be proud. So many jobs are created by betting against elements of the American economy! |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9299
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| Posted: Sat Nov 05, 2011 11:51 am Post subject: |
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Mac, that would be like saying your insurance agent should be ashamed of himself, for insuring your home. For a smart guy, you've got a very biased perspective.
A corn farmer plants corn with his life savings every year. He hedges this investment with a short to insure a minimum rate of return, and the survival of his familes farm. (or he sells his crop into the future as a hedge)
Although I agree that Soros might be the most evil man alive.  |
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isobars
Joined: 12 Dec 1999
Posts: 20935
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| Posted: Sat Nov 05, 2011 12:04 pm Post subject: |
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| stevenbard wrote: | | Although I agree that Soros might be the most evil man alive. |
Why? He's simply an avowed communist or socialist or Marxist who's put his money and power where his mouth is .... just like Obama except that Soros does it in secret (OK, like O does when necessary). I'm willing to assume that neither is trying to harm others for personal benefit, rather, their harm is a side effect, not a goal.
But Madoff? He should be executed, IMO. |
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pueno
Joined: 03 Mar 2007
Posts: 2807
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| Posted: Sat Nov 05, 2011 12:11 pm Post subject: |
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| stevenbard wrote: |
Although I agree that Soros might be the most evil man alive. |
Nah. Cheney, Wolfowitz, Bolton, Rumsfeld are all top candidates for the "Worst Person in the World" award. They (and not dubya) took us to war to satisfy their private agendas. |
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mac
Joined: 07 Mar 1999
Posts: 17747
Location: Berkeley, California
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| Posted: Sat Nov 05, 2011 12:54 pm Post subject: |
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From stevenbard: "you've got a very biased perspective."
You have a future in comedy. |
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pueno
Joined: 03 Mar 2007
Posts: 2807
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| Posted: Sat Nov 05, 2011 1:51 pm Post subject: |
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| isobars wrote: |
But Madoff? He should be executed, IMO. |
Not before we rid the world of Cheney, Wolfowitz, Bolton, Rumsfeld, Rove, and a few other blood-sucking neo-cons. Hell, we should include the entire Cheney family and all who look like them. |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9299
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| Posted: Sat Nov 05, 2011 4:32 pm Post subject: |
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| pueno wrote: | | isobars wrote: |
But Madoff? He should be executed, IMO. |
Not before we rid the world of Cheney, Wolfowitz, Bolton, Rumsfeld, Rove, and a few other blood-sucking neo-cons. Hell, we should include the entire Cheney family and all who look like them. |
Ahhh, the french revolution part deux? |
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windoggi
Joined: 22 Feb 2002
Posts: 2743
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| Posted: Sat Nov 05, 2011 5:32 pm Post subject: |
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I've heard that the fashionable young women during the French Revolution wore thin red ribbons around their neck to simulate the effects of the guillotine.
_________________
/w\ |
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