Paul Tudor Jones Mortgages Palm Beach Home For $53 million

Okay, I think I understand where you critics are coming from. Unless the guy prostrates himself at the altar of poverty he's a no-goodnik and a hypocrite. Is that it? And, if I understand you correctly, it's not enough to want to balance or improve the capitalist system but to destroy it completely. Do I have that right?

While I tend to lean left, I think the capitalist system, when balanced to counter its excesses, is the only way to prosper in the long term. You guys appear to either lean so far left that I think you are defying the laws of gravity by merely standing, or so far right that you will say anything to demean the intentions of a well-meaning man who is doing a lot of good. Either way, I wonder how many of you can fit into a small car...
 
Last edited:
Is Germany too left for you (or too brown for that matter...because some idiot will of course bring it up sooner or later)? I think that Germany has found the perfect middle ground, a social market economy where you also have billionaires but mostly of the kind of Warren Buffet.

Do you see any difference whatsoever in the livestyles between Warren Buffet and PTJ? Both talk the same talk but each one walks it very differently (let's omit Buffet's contradictory derivatives statements for a second).

PS And no, you still don't get it, asswipe. After all you have to import both, small cars and big fat Bmw's and Benz's (as well as Ferraris) alike. In Germany taxi drivers drive Mercedes while the same people in the US line up for food stamps.

You should really stop talking because your social imbalance and fucked up distribution of opportunities really opens yourself to all kinds of laughter from Europe and China alike.



Frederick Foresight said:
Okay, I think I understand where you critics are coming from. Unless the guy prostrates himself at the altar of poverty he's a no-goodnik and a hypocrite. Is that it? And, if I understand you correctly, it's not enough to want to balance or improve the capitalist system but to destroy it completely. Do I have that right?

While I tend to lean left, I think the capitalist system, when balanced to counter its excesses, is the only way to prosper in the long term. You guys appear to either lean so far left that I think you are defying the laws of gravity by merely standing, or so far right that you will say anything to demean the intentions of a well-meaning man who is doing a lot of good. Either way, I wonder how many of you can fit into a small car...
More...
 
volpunter said:
of course he (PTJ) conveniently omits that the risk in his and everyone else's mortgage origination process is socialized. The US is a country of mostly brainwashed middle class suckers who would even commit harakiri before ever criticizing their own bankrupt capitalist model which allowed them in the first place to lever up on debt in order to afford their 2nd and 3rd Toyotas and Fords (needed because most are too obese to walk and their cities are too capitalist to implement a socialist public transportation system). Of course the masses are spared from the little detail that their "freedom system" is mostly benefitting the top 1-2%.
More...

Didn't a lot of those mortgages end up in landesbanks?
 
Well, not sure where you have been living but there is only one industrialized country where the rich can buy themselves get out of jail free cards. The mortgage and financial crisis originated in the US and not a single executive or manager has been held liable by your political and judicial system. Not one single person.

Ps Nothing is perfect and mistakes are made everywhere. But in most countries mistakes are corrected when discovered. In the US mistakes are always socialized while profits, especially at the top, always are privatized.

You won't find hardly anyone of moral and ethical character in Germany who would pay for and display a 50 million dollar home. Most billionaires (and I think Germany is still the country with the third largest number of billionaires in the world) live a relatively normal/(for their pockets frugal) life style. Of course everyone can choose their own life style. But someone who preaches social injustice and wants to correct a degenerate capitalist system but lives life on a big foot is considered a HYPOCRITE.

newwurldmn said:
Didn't a lot of those mortgages end up in landesbanks?
More...
 
Last edited:
Did any of those landesbanks executives go to jail for buying clearly overvalued securities ?



volpunter said:
Well, not sure where you have been living but there is only one industrialized country where the rich can buy themselves get out of jail free cards. The mortgage and financial crisis originated in the US and not a single executive or manager has been held liable by your political and judicial system. Not one single person.

Ps Nothing is perfect and mistakes are made everywhere. But in most countries mistakes are corrected when discovered. In the US mistakes are always socialized while profits, especially at the top, always are privatized.

You won't find hardly anyone of moral and ethical character in Germany who would pay for and display a 50 million dollar home. Most billionaires (and I think Germany is still the country with the third largest number of billionaires in the world) live a relatively normal/(for their pockets frugal) life style. Of course everyone can choose their own life style. But someone who preaches social injustice and wants to correct a degenerate capitalist system but lives life on a big foot is considered a HYPOCRITE.
More...
 
no jail time for anyone. That is what criminal charges usually entail. And don't you find it hilarious that he is pretty much the only person who was fined? A french-man who worked out of London? And now another European UK lad is supposed to have caused the hft debacle? American managers and US corporations are by far engaging in the purest form of corruption and bribery imaginable. Its called lobby-ism.

samuel11 said:
http://www.bloomberg.com/news/artic...-vp-tourre-ordered-to-pay-825-000-in-sec-case

You're so ignorant...
More...
 
You must log in or register to reply here.
Back
Top