Posted on 05/26/2009 12:34:38 PM PDT by arthurus
Investors who put their money into the nationalized sector — whether in equities or bonds — have to realize that their rights as investor/lenders will be subordinated to the national government’s industrial policy. The business school term for this is “political risk,” normally referring to third world countries where the rule of law is not yet established.
(Excerpt) Read more at seekingalpha.com ...
A line?
Line? What line?
This administration will continue to get away with whatever they can until they are FORCIBLY (but non violently ... hopefully) stopped ... that’s the simple truth of it. The sooner we accept that fact and act on it ... the better the chance ... if there even is still a chance ... the better the chance of stopping them
Right straight through the middle of your life.
“have to realize that their rights as investor/lenders will be subordinated to the national government’s industrial policy”
I think they mean to say their rights will be subordinated to the whims of various parts of the national government. Hard to say there’s such a thing as a unified national industrial policy. Or at least one that doesn’t change every few seconds.
There are some ground rules, like unions will always benefit the most. But how much or how little others will be stolen from varies.
The best bet? I say defund national projects. De-fund! De-fund! De-fund!...
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