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The Pope is now an Economist.
- Thread starter jueco2005
- Start date
Quote from Angrycat:
It wasn't fraud. It was taking too much risk, backed by the full faith and credit of your government. That is, you. If your government were not empowered to take as much of your money as it wants and hand it out to whomever pays the highest bribe (euphemistically called "campaign contribution), then nobody would be too big to fail and you wouldn't be forced to pay corporate welfare.
Now, if you want to call the mafia operation in Washington "fraud" (and I do), then we're on the same page.
It is pretty clear that the Pope understands none of this.
Non rhetorical question: Would you rather buy property from the pope or Ben Bernanke?
-gastropod
Quote from Illum:
Nash was paranoid schizophrenic, so his paranoid schizophrenic theory means nothing. Normal people do not behave this way.
His work is Game theory.
And your right normal people don't behave this way as they are sheep who believe they should act a certain way so others can game their predictable actions.
The whole world and just about every aspect is gameable.
Mark Sanford played the game well but not well enough.
Quote from gastropod:
Non rhetorical question: Would you rather buy property from the pope or Ben Bernanke?
-gastropod
My current confidence level, I'd rather buy an annuity through the
archdiocese if we're looking long term. Not sure who is going to last the next 10 - 15 years, the Pope will still be in business.
Proverbs says "let an evil man borrow so a good man can have a job".. if you think about that you realize that in God's view the purpose of an enterprise is for the people that work there... I've worked for a couple of organizations that seemed to get that and a dozen or two that did not, the two that got it were by far the best in all regards, quality of product, quality of life for employees... just amazingly more profitable than the normal krapola workplaces.... one guy paid his workers half again the going rate and attracted the talent that way, he grew the company from ten or twenty people and sold it for a half a billion dollars twenty years later.. his equity gain was $.50 for every $1 he ever paid out!!
Religion does not belong in business, LOL!
Religion does not belong in business, LOL!