Thursday, February 16, 2012

Al Gore comes out of closet, finally (no, not that way ... yet)

LONDON, Feb 16 (Reuters) - Former U.S. Vice President Al Gore wants to end the default practice of quarterly earnings guidance and explore issuing loyalty-driven securities as part of an overhaul of capitalism which he says has turned many of the world's largest economies into hotbeds of irresponsible short-term investment.

"An overhaul of capitalism" ... I see.

Together with David Blood, senior partner of 'green' fund firm Generation Investment Management, the environmental activist has crafted a blueprint for "sustainable capitalism" he wants the financial industry to adopt to support lasting economic growth.

Senior partner in a 'green" fund firm ... I see ... and what tells me this jackass is going to use the government to force you to make him even richer than he is.  Was he the former CEO of Goldman Sachs Asset Managment ... you know, the company that really cares about the poor?

"While we believe that capitalism is fundamentally superior to any other system for organising economic activity, it is also clear that some of the ways in which it is now practised do not incorporate sufficient regard for its impact on people, society and the planet," Gore said.

Yes, capitalism is fundamentally superior to other forms of economics but just let us geniuses tweak it a bit.  Instead of the market dictating supply and demand, WE (the geniuses) will do it  instead.

"While governments and civil society will need to be part of the solution to these challenges, ultimately it will be companies and investors that will mobilise the capital needed to overcome them." More here:

And there we go ... the standard issue lib bullshit, "the government MUST be involved."  Because an idiot lib can never have a good idea and then go do it on his own ... and if others want to be a part of it then they can invest their money if they like .... nooooo, this is not the way of the high and mighty genius idiot lib.

The way of the idiot lib is that he must ALWAYS force you to do his bidding and/or give him money.  This way he, in turn, can "do good" with it.  After all, you're just misusing your money, you moron.  This whole thing is for your own good, don't you see?

Again, as usual, what's the bottom line with the great geniuses idiot libs?  They MUST always be telling YOU what to do.  They are incapable of making an impact unless YOU do their bidding.  And this you will find to be true with ALL lib concepts.

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