H the K wrote:
On 10/12/09 12:41 PM, Canuck57 wrote:
H the K wrote:

At this point, there's little question that "the government" is far
more honest and accountable than the "free market" corporations.

Hahaha... you really do have your head between your knees.

Government could never operate on the same priciples as Sarbanes-Oxley
or SEC, in fact can you download a finacial statement and balance sheet
for the US government? Hell no. They don't know themselves.

I wonder if Lu realizes his pension check, which shows up every month
in his bank account, gets there because government bureaucrats make it
happen.

No, the taxpayer makes it happen. Government does sh1t to make it
happen, they just skim it as it passes through.


This is funny: Canukistan thinks big corporations act honestly.

Actually, I don't trust either. But I trust government even less. See,
I can, except for GM and banks, sell my stock and not have anything to
do with a corporation. I can't get away from government greed.

I know I sound cynical on government, but for years I could not make
sense of a lot of things in the market and governments behavior. When I
started to think of the government as a herd manager to manage people
for the back room boys pulling the strings at the top, lots of things
became quite predictable.

And I have profited by the new attitude towards looking at government.
Now, when I invest I consider government interferances just as much as
their balance sheet.