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Is foxpro dead?
Message
From
08/02/2010 10:45:14
 
 
To
08/02/2010 10:24:47
General information
Forum:
Visual FoxPro
Category:
Other
Title:
Miscellaneous
Thread ID:
01438742
Message ID:
01448065
Views:
113
>> They grab the money where ever they can grab it and then just gallop towards the (carebean) sunset.

The Wall Street firms don't have to grab it.
There are people waiting in line up to hand them the money,


>
>Wall Street bonuses are nothing new, and yet millions of people buy stocks in these comanies.
>No one puts a gun to the heads of the shareholders and forces them to buy the stock.
>The sharheholder who buy stocks in greedy companies does so hoping to share in the profits from their greed.
>Guess what happens when you give greedy people your money????
>
>>> It simply goes against very grain of market economy.
>It certainly doesn't.
>The first rule of the market economy says that if you can get some fool to give you some money -
>the more the better - take the money and run.
>The fool can be a customer, an investor or a government.
>

This looks more like Wild Wild West then what market economy is supposed to be.

Imagine Texas in 18 century, where Buch Cassidy & Kid are being considered bank(st)ers
instead of gangsters. They grab the money where ever they can grab it and then just gallop towards the (carebean) sunset.
While some consider them heroes, others (who lost money) chase them with the guns.
When caught and on gun point, instead of being hanged or shot by the mob, - there comes Sherrif Paulson and bail them all out! {vbg}

Good for a movie or a comedy, but in real life it ended up being (global) disaster.


>>>Problem is when publicly traded investment bank execs gets multi million bonuses that should be normally declared as profit and given back to shareholders
>
>Wall Street bonuses are nothing new, and yet millions of people buy stocks in these comanies.
>No one puts a gun to the heads of the shareholders and forces them to buy the stock.
>The sharheholder who buy stocks in greedy companies does so hoping to share in the profits from their greed.
>Guess what happens when you give greedy people your money????
>
>>> It simply goes against very grain of market economy.
>It certainly doesn't.
>The first rule of the market economy says that if you can get some fool to give you some money -
>the more the better - take the money and run.
>The fool can be a customer, an investor or a government.
>

This looks more like Wild Wild West then what market economy is supposed to be.

Imagine Texas in 18 century, where Buch Cassidy & Kid are being considered bank(st)ers
instead of gangsters. They grab the money where ever they can grab it and then just gallop towards the (carebean) sunset.
While some consider them heroes, others (who lost money) chase them with the guns.
When caught and on gun point, instead of being hanged or shot by the mob, - there comes Sherrif Paulson and bail them all out! {vbg}

Good for a movie or a comedy, but in real life it ended up being (global) disaster.
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.
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