Have you ever heard the comparisom of the train? If the train is coming down
March 28, 2009 1:19pm CST
the track and headed for you, and it looks like a train and it sounds like a train, it probaly is a train. Anotherwords, you can see it coming and tell yourself, that aint no train , but if you dont move off the tracks, the train will hit you anyway. Does this remind you of people having many different views? How do you interpret this?
• United States
28 Mar 09
My first thought is about the economic disaster we're suffering. Most people could see the train(wreck) coming, but they apparently didn't accept the idea of its danger. Over extending credit, giving mortgage at rates below prime, and allowing buyers without sufficient income to make purchases as enormous as homes is one supersonic train with no goal to be expected other than awreck, but here we are...
• United States
1 Apr 09
Even a complete fool would decline to make unsecured loans or below-orime loans, and they did have that out. They thought the sub-orime things would force the prime rates to go lower, and they could rely upon the housing boom to live on and on. That, of course, is absurd. Maybe, if the execs weren't bringing in such huge amounts that they lost touch with the way it is to try to get the bills paid, they wouldn't have gone hog-wild. They took the ball and ran much too far with it!
29 Mar 09
Yes!Sometimes we act over confidence relying on our intuitions,failing to see the reality.It is human nature to predict things,the way they like it to happen and we can't help much about it.Let them face it and realize.Cheers!