Camacho Cigars

[akumushi]

Originally Posted by tobii3

No, the problem is NOT that we live in a world of ""scam and spam", we live in a world where the younger generation stands there with their hand out expecting something for nothing.

Then when they get nothing, they piss, b*tch, whine, moan and complain.

""Well, I am here, you're supposed to give me something""

So are you saying that there isn't rampant spamming and criminal scamming out there right now? All those investors with Bernie Madoff and hard working people whose 401Ks disappeared because hedge fund managers were short selling mortgage backed derivatives are just b!tching and moaning and waiting for a handout? What world do you live in?

Originally Posted by akumushi

So are you saying that there isn't rampant spamming and criminal scamming out there right now? All those investors with Bernie Madoff and hard working people whose 401Ks disappeared because hedge fund managers were short selling mortgage backed derivatives are just b!tching and moaning and waiting for a handout? What world do you live in?

you want to talk Business 101??

You ""invest"" in something that isn't physically there. Hmmm....what's that called again...NOTHING. Now, you throw THOUSANDS of dollars at it with the HOPE that you will make MILLIONS from it.

Hmmm...you want SOMETHING....from NOTHING.

[akumushi]

Originally Posted by tobii3

you want to talk Business 101??

You ""invest"" in something that isn't physically there. Hmmm....what's that called again...NOTHING. Now, you throw THOUSANDS of dollars at it with the HOPE that you will make MILLIONS from it.

Hmmm...you want SOMETHING....from NOTHING.

As for the so called short selling mortgages, do you even have a Mortgage of which to even base any experience on??

The 401Ks lost by hard working Americans were heavily invested in mutual funds that were unscrupulously opaque and designed to look like solid, low risk investments, while they were in fact loaded with hot air. It is the greedy executives that were milking money out of nothing that deserve our ire, and not the working class investor, who was doing what had for years been considered gospel as the proper way to invest; "put your money in a diversified mutual fund that is well managed and it will slowly grow." Clearly, if you think that when a hedge fund short sells mortage backed derivatives, it has anything to do with me going to my local bank for a mortage, or that said bank short selling a home that has been foreclosed, then you need to go back to Business 101 yourself.