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To: DeaconBenjamin
Warren Buffett famously described derivatives as "weapons of mass financial destruction". The analogy is suspect, of course. Allied troops never found the alleged weapons in Iraq.

I was reading this and was concerned that it might be a reasoned argument...until the above quote was placed in the article...

The author may be right, but it does seem like he has a bone to pick outside of his discussion of 'economics'.

48 posted on 03/23/2008 7:52:41 PM PDT by Ethrane ("semper consolar")
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To: Ethrane
The author may be right, but it does seem like he has a bone to pick outside of his discussion of 'economics'.

That seems to be a rampant phenomenon in every finance discussion I see here, too.

60 posted on 03/23/2008 8:05:39 PM PDT by lainie ("You had your time, you had the power, you've yet to have your finest hour" (Roger Taylor, 1984))
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