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Speculation in markets and the need for serious people
I think we are seeing two markets that were driven to an extreme by speculation, lack of regulation or accountability - the oil market and the mortgage market. In both cases the same thing happens - the bubble bursts. However, in both cases someone wins big and someone loses big. We the people have lost big in both. The transfer of wealth from us to them is staggering. Although you can't have the boom without a subsequent bust, it can be controlled better and the landing made softer.
We as a people need to be more involved in our govt. and less involved in ourselves. This country gives much, but ask very little in return. Until our way of think is altered by a cataclysmic event or events, we will continue to go on our merry way.
It is hard for us make a decision that helps others, it is easy to make a decision that helps ourselves. We need a leader who thinks about others first and then himself.
To paraphrase from a movie:
"We've got serious problems, and we need serious people, and if you want
to talk about character and readiness to lead, John, you'd better come at me with more than another story about being a maverick and 'he doesn't understand'. If you want to talk about character
and American values, fine. Just tell me where and when, and I'll show
up. This is a time for serious people, John, and your fifteen minutes
are up.
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