“You have to remember the American market is not dominated by conservative, long-term investors; it is dominated by short-term traders who are compensated on a performance basis.” – says Michael Metz, chief investment strategist at Oppenheimer & Co.
Is that the same market that conservatives tell us would take care of long term problems like the health care system, the education system, the environment, and even the Social Security system?
But hey… let’s not forget that most conservatives are also churchgoers. And churchgoers have this peculiar understanding of life on Earth – as a sort of short-term trading leading up to the real big performance bonus – Eternity in Heaven.
But why then are most conservatives so obsessed with personal accumulation of the most down-to-Earth thing – money. May be… up there… in Heaven, you’d still need money to buy stuff… and for Eternity… you’d need a lot of money to sustain yourself. Or, may be… the money you make says something about you… as a person – how good you are, and why you should go to Heaven – something like “moral capital” – “IN GOD WE TRUST” printed on the money itself… and this mystical pyramid with the “LIGHT” at the top – there must be a reason for that… I don’t know. How else can you explain the appetite for more (and more) money in people that already have many millions – acting as if they would live forever. May be that’s exactly what they believe.
But since I am a relative newcomer to this country, I assume some things are oh so deeply American… that I just don’t get them.
Here is what I get about America though. Ever since our arrival here in 1990, my wife and I never stopped being amazed at one thing. You see it on the faces of most Americans. If you look carefully, you would see engraved on their foreheads: “IN GOOD WE TRUST.”
Now, that’s the real American Market – in dire need of long-term investors. There is a lot of potential there (much more than on most foreign shores). Some call it a “social capital” – but this may be a disservice because… you know what “social” connotates for many Americans (conservatives – see why you cannot label me a “socialist”). Why not call it exactly a “moral capital” – the real moral capital. Morality – dare we say – is not the religion, stupid. It is “the voice of conscience in our hearts…“
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My dearest brother!
You are entering into a deep and very dangerous forest, full of the evil ghosts of the past! I remember you were used to that kind of language, sentiment and thought during your Bulgarian lifetime! But then there was a reason and we all were in that mood – philosophical I would call it,as we had no other choice!
It’s true about money – no man needs more than he can consume during life… But some men are so fat, you know! They have to keep up their shape all the time. That’s life! And as a)power; b)money and c) sex are the code words that move everybody on this Earth, you do not have to take it too much to heart! I would suggest to you – go fishing, not thinking! That can make you happy, believe me, at least for some time!
Wish you a Merry Christmas, little brother! And don’t worry – next year will be better, I know it. It always is!
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