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|User Info||Rebuttal To Mish: FRL; entered at 2009-05-07 11:53:00|
Registered: 2009-04-17 Dallas/FtWorth
No its not (fraudulent), provided it is performed properly.|
Since when have banksters not bent the rules, and bought the system, to hose everyone but them? Since when have regulators done their job effectively, let alone corruption free? Not in the course of American history, at the very least, I'll tell you that.
I like most of your Tickers, but I am not a fan on this one. Your arguement rests on a hypothetical, a suspension of disbelief. This is the real world where the notions of a bank on the up and up, and solid regulation are laughable. It's like when an economist says ceteris paribus, but everything else isn't always equal...ever. Experiments, computer models, and rules that work in a vacuum don't work in an entangled system like the one that presents itself in everyday life. Your reasoning may be sound, but only in a vacuum.