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  1. Food for Thought, Old Chaps

    by , April 27th, 2012 at 10:23 PM (Rob Garbin's Blog)
    This one goes out to the American Tea Party who proudly wave their "Don't Tread on Me" flags. Do you realize that you have chosen for your mascot one of the most despised creatures on earth. First, the creature is cold blooded. Wait a minute, that might fit your one solution only, cold blooded approach to government. Second, many snakes are dangerous to humans. Third, the snake is associated with the fall of man. Fourth, when man was cast out of Eden, the snake was cast out as well ...
  2. Confidence and Delusion Part IV

    by , April 12th, 2012 at 02:50 PM (Rob Garbin's Blog)
    Risk continued

    I hinted at the main issue with risk in our economy, but did not specifically say it or explain the true consequences. The truth is that every economic venture has a risk that someone must bear. The true consequence of this statement results when risk is not shared fairly. Basically, if the creators of a venture do not share in the risk, then someone else does. The bailout of Wall Street is a perfect example of the situation. Most of the major players in the risky ...
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  3. Confidence and Delusion III

    by , January 12th, 2012 at 11:22 PM (Rob Garbin's Blog)
    Freedom and Obligation:

    In this section I plan to look into the issue of risk in our economic system. Risk in our economy has similar traits to that of debt. Persons in positions of influence and knowledge are able to push the dangers of the risks they create onto others who may or may not understand the dangers involved. To begin with, let us look at some basics. Every business venture carries a level of risk with it. A person opening a convenience store takes the risk that ...