Thursday, October 30, 2008

Derivative, The Modern Lute

Derivative is the name of the game; Sanctioned by Regan economic plans, supported by Greenspan, chairman Federal Reserve, and collaborated by Presidents, and the Congress ever since, the so called the protectors of public interest; Derivatives have the free legal reign.

The derivative game creates illusions of financial paper products; The products which you can not eat, drink, cloth with, nor the product as a teacher school and educate children, nor as a doctor or nurse doctors and heals the sick; The product makes millionaires, and billionaires who get the tax break; Derivatives are the modern lute for some whether rain or shine.

Ironically when the derivative products are in trouble, the product maker those who caused the trouble get the bailout, and tax break to shine again to sharpen the lute reign.

Do we need to say more about the Regan, and Greenspan legalized and sanctioned lute game?

A time to ponder.................

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