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Talking Headlines - by Bill Green

 

NEW BANKING PERSONNEL SHOULDN'T BE PROSTRATE BEFORE THE GODDESS OF PROFIT

October 16th 2008 05:45
We need new banking personnel. These people who introduced and oversaw scurrilous mortgage broking techniques, and basically invented subprime - with the rewards they offered for overpriced mortgages - should go. Government shouldn't be listening to the whinging of these opportunists. It was their concepts that ruined our economies.

They were grasping, avaricious and totally prostrate before their goddess of profit. Of course they didn't want to be held responsible for any of the fuck-ups that resulted from their deals.



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Comment by Norm

October 16th 2008 08:39
Call me uninformed but, economy is based on Gold, right? Yet, who needs Gold? Put it this way, I work as a waiter serving meals and am paid to bring people the food so that I can do the same. If I was to be a teller, bringing people their money, I'd get paid more and a banker, or chef, more still. So what's the thing with Gold do you suppose? It, in my books, goes back to the kinder days: Gold stars are the best. Who needs sandwhiches. Yuk.

Comment by Bill Green

October 17th 2008 02:16
You're right Norm, gold is good, that's why the Chinese bought all ours when the government put it up for sale two decades ago. We had some because we had pretensions that our currency should be gold based. Don't we wish now.
We sold ours about the same time the Americans began selling from Fort Knox.

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