Say someone arranged $5 billion starter capital and approached you to start a bank and run it your way, no strings attached. Would you do it? Could you do it and make the bank profitable & solidly solvent without losing your personal integrity?
I'm just curious. I know you "hate banks" and want them gone. Is it banks themselves you hate, or is it what they have become? I believe you used to be a loan officer.
Thank you for your illuminating opinion Verrip; it will be filed away with the rest of the opinions expressed on this board. There is really no way to safely authenticate the education, experiences, or for that matter, gender, of anyone on this board. As usual, instead of attacking an idea you disagree with, you make a personal attack against the person,in this case a woman for whom you really have no proof of your allegations that she does not have training/education or experience in economics or finance. Do you know the intimate details of her life? Where she volunteers? Who are her professional associates in her law firm? What are their specialties? The educational credentials you listed this woman as having appear to rank her far above what most of the people on this board appear to possess. That hasn't stopped anyone from posting an opinion, has it?
Take a chill pill. I didn't try to DIScredit her. I only pointed out that she had nothing in her bio which SUPPORTED any abilities in economics. Therefore her words carry no more weight than anybody else's.
Now, you can go speculate allllll you want about life experiences and any additional knowledge base that Ms. Foss has. But you're just wildass guessing.
Then you go on to state that her qualities are "far above what most of the people on this board appear to possess". Absolute bullshit. So she puts words together well. So freakin' what? That gives absolutely no credence to the QUALITY of her opinions.
Stop being so damned defensive. From your post above, it appears that YOU give her credit based on her gender and nothing more.
I'm not being defensive. Simply pointing out that anything you think about this author ( I'll make it gender neutral for you since in your mind apparently calling a woman, "a woman", is somehow giving them...what did you say, credit ?? ) as well as anyone on this board is, to use use your own terminology, "wildass guessing". ******************************************* I found this piece quite interesting:
"Two-thirds of the nation’s total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households, and that top 1 percent held a larger share of income in 2007 than at any time since 1928, according to an analysis of newly released IRS data by economists Thomas Piketty and Emmanuel Saez."
Democracy is the worst form of government except for all those others that have been tried. -Winston Churchill, House of Commons 11th of November, 1947.
“The scientific man does not aim at an immediate result. He does not expect that his advanced ideas will be readily taken up… His duty is to lay the foundation for those who are to come, and point the way.” – Nikola Tesla