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-   -   Stress Kills: Ken Lay Dead at 64 (http://www.derbytrail.com/forums/showthread.php?t=1599)

Bold Brooklynite 07-05-2006 04:33 PM

Quote:

Originally Posted by boldruler
Fidel Castro? Lets stick to E. Roosevelt. Fidel is worse than Ken Lay, if that is possible.

Mindless leftists never meet a mass-murdering dictator they don't love.

This guy probably wears a Che Guevara t-shirt. Some people are incapable of rational judgment.

Yes, indeed ... let's stick to Eleanor ... a silly twit ... but a decent, caring human being who did a lot of good for a lot of people.

boldruler 07-05-2006 04:34 PM

Quote:

Originally Posted by Cajungator26
Terrible things happen to good people, yes... but it doesn't always work out that way, ruler. Sometimes GREAT things happen to good people as well. Here is a quote that I always admired and believed in:

"It’s a wonder I haven’t abandoned all my ideals, they seem so absurd and impractical. Yet I cling to them because I still believe, in spite of everything, that people are truly good at heart.

It’s utterly impossible for me to build my life on a foundation of chaos, suffering and death. I see the world being slowly transformed into a wilderness, I hear the approaching thunder that, one day, will destroy us too, I feel the suffering of millions. And yet, when I look up at the sky, I somehow feel that everything will change for the better, that this cruelty too shall end, that peace and tranquility will return once more." - Anne Frank

I believe people are truly good, but life can make good people bad. Like I said, I am a deist, I believe in a creator, but I find it hard to believe Ken Lay will ever really face any justice. Nothing I have seen in life makes me believe that there is any true justice in the world. The fact is people's lives were ruined by Ken Lay and he didn't seem to care one bit.

boldruler 07-05-2006 04:39 PM

Quote:

Originally Posted by Bold Brooklynite
Mindless leftists never meet a mass-murdering dictator they don't love.

This guy probably wears a Che Guevara t-shirt. Some people are incapable of rational judgment.

Yes, indeed ... let's stick to Eleanor ... a silly twit ... but a decent, caring human being who did a lot of good for a lot of people.

E. Roosevelt was a good woman. Her My Day column that ran in the papers are an incredible read. She truly cared about the poor. Castro is just a dictator who is full of it. Che Guevara is another guy who was full of it and his relationship with Castro proved it. People that wear his shirts are clueless. Guevara and Castro were/are repsonible for a tremendous amount of suffering.

hoovesupsideyourhead 07-05-2006 05:10 PM

Quote:

Originally Posted by 2MinsToPost
Man, a man is dead. He commited a crime(s) and was found guilty in a court of law. He was to be sentenced in October, punishment for his crime(s). He dies of a heart attack and leaves behind a family that will never see him again. I ask you this

Did he murder? Did he rape? I for one am not glad he died, but in all honesty, I don't care. I don't know him, just know of him. I feel for his family, loved ones. But in all honesty, depending on what you believe, he may or may not be in a better place. Let him be, it is not right at all to say the things that some are saying about someone who is dead and not of the likes of a terrorist, rapist, murderer etc..

no he screwed 300,000 or so people out of the pentions they worked for for 25 years....i saw a thing on dish ..about it froze the stock so the people who owned it could not sell..but the top guys bailed.on their stock makeing millions..the average guy worker who had 180.000 in stock pention befor the down fall his llifes work was worth 1200 bucks id say he got off easy not rotting but thats just me i guess..

GenuineRisk 07-05-2006 05:13 PM

Don't forget about Enron playing the California electric grid-- has anyone heard the tapes of the Enron Masters of the Universe crowing over the wildfires? Really upsetting stuff. Ah, Kenny Boy. The legacy you leave behind...

Please, some backup info as to why Eleanor is a "silly twit." You're right; cornering FDR on the US's ignoring the situation with the Jews in Germany was sooooo twittish.... what a twit, caring about the genocide before anyone else in the government! Who did she think she was, anyway? Twit.

I'm loving the quotes, people! Keep 'em coming...

2MinsToPost 07-05-2006 05:16 PM

now see that is why I said that his dieing, in my opinion hooves, is a bad thing cause people like him need to do time in prison for their crime. dieing at his age is the easy way out in my opinion, but I have to leave that to whatever higher power, religion, belief that each person holds and believes.

Quote:

Originally Posted by hoovesupsideyourhead
no he screwed 300,000 or so people out of the pentions they worked for for 25 years....i saw a thing on dish ..about it froze the stock so the people who owned it could not sell..but the top guys bailed.on their stock makeing millions..the average guy worker who had 180.000 in stock pention befor the down fall his llifes work was worth 1200 bucks id say he got off easy not rotting but thats just me i guess..


Danzig 07-05-2006 06:30 PM

Quote:

Originally Posted by Cajungator26
Here is my opinion on that...

It is better to believe in something and THEN find out it isn't real than to NOT believe in something only to find out that it IS. Why not have your bases covered? JMO...

problem is, you won't KNOW if heaven doesn't exist...cause you'll be dead. sorry if that sounds a bit DOWN....
but, if you only want to cover bases, than how strong is your faith? not saying this to you to single you out, it's a hypothetical ? really....i've heard others say the same thing, and just wonder--how is that really believing? doesn't seem like it to me.

Danzig 07-05-2006 06:33 PM

also, regarding all those who lost their money in enron--that goes to the most basic rule of investing--DIVERSIFY!!! don't put all your money in one company, or one fund. too much risk. yeah, lay was a bad guy--but those who only saw $ signs dancing in their heads must have some blame, shouldn't they? easy money....right?

somerfrost 07-05-2006 07:07 PM

It's sad how narrow-minded some folks are....and how much they hate anyone different than they are or who thinks differently than they do...Mensa says I'm pretty smart, my degrees say I'm fairly well educated, my life's experiences tell folks I've been around, yet I'm a mindless twit to some because I find wisdom in the words of someone like Castro...it's the message not the messenger for god sake! My quote from the former First Lady certainly has been proven here by the comments of some. I had the hours to take my undergrad degree in Philosophy and have read continually since but still I go back to Plato....all some ever see are the shadows on the cave wall, reflections of reality...really sad!

SCUDSBROTHER 07-05-2006 07:19 PM

Quote:

Originally Posted by somerfrost
It's sad how narrow-minded some folks are....and how much they hate anyone different than they are or who thinks differently than they do...Mensa says I'm pretty smart, my degrees say I'm fairly well educated, my life's experiences tell folks I've been around, yet I'm a mindless twit to some because I find wisdom in the words of someone like Castro...it's the message not the messenger for god sake! My quote from the former First Lady certainly has been proven here by the comments of some. I had the hours to take my undergrad degree in Philosophy and have read continually since but still I go back to Plato....all some ever see are the shadows on the cave wall, reflections of reality...really sad!

Your ego is bigger than LIL KIM'S A$$.

somerfrost 07-05-2006 07:24 PM

Quote:

Originally Posted by SCUDSBROTHER
Your ego is bigger than LIL KIM'S A$$.


As opposed to your's? Mine would be a grain of sand in the desert in comparison! It's funny, when anybody speaks up and calls people on their ignorance they are labeled arrogant...well, if that's the measure then I guess arrogance is better than narrow-mindedness. Actually, there is nothing wrong with arrogance unless it's paired with stupidity....and having an ego at least means you don't go through life depending solely on the id!

SCUDSBROTHER 07-05-2006 07:46 PM

Quote:

Originally Posted by somerfrost
As opposed to your's? Mine would be a grain of sand in the desert in comparison! It's funny, when anybody speaks up and calls people on their ignorance they are labeled arrogant...well, if that's the measure then I guess arrogance is better than narrow-mindedness. Actually, there is nothing wrong with arrogance unless it's paired with stupidity....and having an ego at least means you don't go through life depending solely on the id!


Originally Posted by somerfrost

1)"..I'm pretty smart,

2) my degrees say I'm fairly well educated,

3)my life's experiences tell folks I've been around

4) I had the hours to take my undergrad degree in Philosophy and have read continually since but still I go back to Plato


I am not even commenting on your fight with somebody else about the use of Castro's words ,or whoever's words.I am just saying your ego is pretty damn large.You have to admit that.Wouldn't you admit that? Why is it in dispute?

packerbacker7964 07-05-2006 07:50 PM

What the hell hell ever frosty the snowman. This man knew all along what he was doing with other people's money. Some people lost everything but their name and he gets to go to Club Med. I hope his family has to give all of the life insurance money and the ashes get sold on E-Bay to pay these people back he robbed. His crime is no worse than someone knocking off the local 7-11 store if you ask me. I won't wish death on someone but when it happens to certain people I'll jump up and dance. He screwed hard earning people out of thier retirement and lively hood with being like a sneaky rat. Go to Hell Ken Lay, My God show no mercy on your dirty rotten soul.

SCUDSBROTHER 07-05-2006 07:58 PM

Quote:

Originally Posted by packerbacker7964
What the hell hell ever frosty the snowman. This man knew all along what he was doing with other people's money. Some people lost everything but their name and he gets to go to Club Med. I hope his family has to give all of the life insurance money and the ashes get sold on E-Bay to pay these people back he robbed. His crime is no worse than someone knocking off the local 7-11 store if you ask me. I won't wish death on someone but when it happens to certain people I'll jump up and dance. He screwed hard earning people out of thier retirement and lively hood with being like a sneaky rat. Go to Hell Ken Lay, My God show no mercy on your dirty rotten soul.

He was a lot worse than a rapist,or a guy who knocks an old lady down (and takes her purse.)That is atleast a crime against just 1 person.This guy destroyed the future of a lot of people who counted on the money he stole from them.What he did was the equivalent of a serial rapist's work over a period of 30 years(non-stop.)

somerfrost 07-05-2006 08:10 PM

Quote:

Originally Posted by SCUDSBROTHER
Originally Posted by somerfrost

1)"..I'm pretty smart,

2) my degrees say I'm fairly well educated,

3)my life's experiences tell folks I've been around

4) I had the hours to take my undergrad degree in Philosophy and have read continually since but still I go back to Plato


I am not even commenting on your fight with somebody else about the use of Castro's words ,or whoever's words.I am just saying your ego is pretty damn large.You have to admit that.Wouldn't you admit that? Why is it in dispute?

It's not in dispute, I'm just saying that your's isn't exactly tiny itself! I'm smarter than most folks...I'm also old, recently unemployed and things are looking mighty bleak...if things continue as recently, well...at least I won't be the first smart, well-educated old fool living in a cardboard box over some heating grate...that says absolutely nothing but somehow makes me feel better so...live with it or point out more of my perceived shortcomings...up to you!

Downthestretch55 07-05-2006 08:28 PM

Quote:

Originally Posted by Danzig188
problem is, you won't KNOW if heaven doesn't exist...cause you'll be dead. sorry if that sounds a bit DOWN....
but, if you only want to cover bases, than how strong is your faith? not saying this to you to single you out, it's a hypothetical ? really....i've heard others say the same thing, and just wonder--how is that really believing? doesn't seem like it to me.

Danzig,
I'm not too sure I can answer your question. I can't give you belief.
That's completely up to you and your "free choice".
As for me, I have tried to follow the words of Jesus, as I believe.
"What does it profit a man to gain the riches of world, and lose his soul?"

It's not for me to judge.
Ken Lay made his choices.
Hey, that's what life gives you an opportunity to do.
Covering bases isn't "faith". It's more like betting "all" in the last leg of the
P-6. "Faith" means you single each of them...and then when you score, you give away your winnings, not just to your friends at a fancy dinner, but also to the others that have real need.
Just my two cents...

How long do any of us have to dance around on this planet?
Make the best and most of it.
Harm others less, help them more....
That's what I believe.
For sure, we'll all find out soon enough.

DTS

SCUDSBROTHER 07-05-2006 08:33 PM

Quote:

Originally Posted by somerfrost
It's not in dispute, I'm just saying that your's isn't exactly tiny itself! I'm smarter than most folks...I'm also old, recently unemployed and things are looking mighty bleak...if things continue as recently, well...at least I won't be the first smart, well-educated old fool living in a cardboard box over some heating grate...that says absolutely nothing but somehow makes me feel better so...live with it or point out more of my perceived shortcomings...up to you!

Guess ya could go do some intellectual sparring with your senator Santorum(what a piece of work.)How is he doing in his effort to somehow get people to re-elect him?

ateamstupid 07-05-2006 08:44 PM

Quote:

Originally Posted by SentToStud
I can't be happy over anyone's death, not Lay or anyone. After al, it's just not right and hell, he could come back as a horse I have singled and need real bad.

LOL. Nice one.

ateamstupid 07-05-2006 08:45 PM

You dudes can continue this fascinating dialogue in the OT forum..

somerfrost 07-05-2006 08:46 PM

Quote:

Originally Posted by SCUDSBROTHER
Guess ya could go do some intellectual sparring with your senator Santorum(what a piece of work.)How is he doing in his effort to somehow get people to re-elect him?

In this state, he just might succeed! Gotta control those gay folks ya know! The first decent politician to come out of this state since the elder Casey is our current governor...and he's in an impossible situation with the fruitcake legislature...folks are still campaigning on repealing slots for god sake!

SCUDSBROTHER 07-05-2006 08:49 PM

Quote:

Originally Posted by ateamstupid
You dudes can continue this fascinating dialogue in the OT forum..


You little busy rat(in an outfit.)

ateamstupid 07-05-2006 09:37 PM

Quote:

Originally Posted by SCUDSBROTHER
You little busy rat(in an outfit.)

LOL. NOT ON MY WATCH!!!

pgardn 07-05-2006 10:12 PM

Quote:

Originally Posted by Bold Brooklynite
The only money that was lost was the value of the stock which was given by Enron to their employee pension plan. None of the Enron employees lost money of their own ... they only lost their projected share of the paper value of the stock which was given to the plan.

You are totally clueless. Hell of a pension plan. The big guys bail before the stock craters (whose money was that?). The employees are left with what? Do you think the board is really dumb enough to not see your incredibly inane statement? And you talk about the mindless left. Please dont associate yourself with the thinking right. You make a lot of smart people look very bad.

GenuineRisk 07-05-2006 10:14 PM

Quote:

Originally Posted by somerfrost
In this state, he just might succeed! Gotta control those gay folks ya know! The first decent politician to come out of this state since the elder Casey is our current governor...and he's in an impossible situation with the fruitcake legislature...folks are still campaigning on repealing slots for god sake!

Yeah... Santorum makes me embarrassed for my home state. How about the billing his constituents for his kids' tuition-- even though his kids were going to school in Virginia? What a piece of work he is.

Dan Savage, of the "Savage Love" column, coined a definition for "santorum." It's pretty funny.

GenuineRisk 07-05-2006 10:17 PM

... And more happy Kenny Boy news:

His death will make it extremely hard for the government to go after his remaining assets, and for the people who lost money to sue.

And, he now is technically no longer guilty, as, due to the peculiarities of the law, you are not officially guilty until you are sentenced. How's that for justice?

Point taken about the whole diversifying thing, but you need to have the $$ to do it. A lot of companies, at least until recently, would match with company stock only, and you weren't permitted to sell it for years. Sort of forcing people to not diversify.

Dunbar 07-06-2006 12:41 AM

Quote:

Originally Posted by GenuineRisk
... And more happy Kenny Boy news:

His death will make it extremely hard for the government to go after his remaining assets, and for the people who lost money to sue.

And, he now is technically no longer guilty, as, due to the peculiarities of the law, you are not officially guilty until you are sentenced. How's that for justice?

Point taken about the whole diversifying thing, but you need to have the $$ to do it. A lot of companies, at least until recently, would match with company stock only, and you weren't permitted to sell it for years. Sort of forcing people to not diversify.

This has been one of the more hilarious threads, some of it intentional. Loved Bold B's comment about the good potato chips. And STS's reluctance to criticize because he might need to single the re-incarnated Lay in a Pick 3.

Rupert comes in with a lively conspiracy theory, which is indirectly supported by the post above. My wife's first thought was, "maybe Lay committed suicide with the help of a doc.". Maybe he'd seen too many prison movies.

Not to mention Castro, Che Guevara, and Plato. Together at last.

--Dunbar

On a serious note, sorry to hear about your recent difficulties, somer.

somerfrost 07-06-2006 10:29 AM

Quote:

Originally Posted by Dunbar
This has been one of the more hilarious threads, some of it intentional. Loved Bold B's comment about the good potato chips. And STS's reluctance to criticize because he might need to single the re-incarnated Lay in a Pick 3.

Rupert comes in with a lively conspiracy theory, which is indirectly supported by the post above. My wife's first thought was, "maybe Lay committed suicide with the help of a doc.". Maybe he'd seen too many prison movies.

Not to mention Castro, Che Guevara, and Plato. Together at last.

--Dunbar

On a serious note, sorry to hear about your recent difficulties, somer.

Thanks Dunbar! I mentioned Castro and Plato, someone else added Che...and no, I never owned a Che T-shirt, I think Marx had some good ideas but after that, the entire concept of communism was bastardized by greedy ruthless men. Plato, of course, expressed some communist-type ideology...I'd still support his concept of Philosopher Kings if it were possible to institute (which it isn't).

Bold Brooklynite 07-06-2006 10:40 AM

Quote:

Originally Posted by SCUDSBROTHER
He was a lot worse than a rapist,or a guy who knocks an old lady down (and takes her purse.)That is atleast a crime against just 1 person.This guy destroyed the future of a lot of people who counted on the money he stole from them.What he did was the equivalent of a serial rapist's work over a period of 30 years(non-stop.)

Ken Lay was a crook ... but please allow me to repeat the facts of this "pension" stuff ...

No Enron employees lost any of their own money. What they "lost" was the paper value of the Enron stocks which had been pledged to their pension plan. The value of these stocks was never "theirs" to begin with ... it was only something they were told they would get in the future.

It's like someone saying they'll give you a Rolex watch on your next birthday ... then not doing it.

Castigate Mr. Lay for being a crook ... but please stop wailing about the "little people" who had their "life savings" stolen from them ... because there weren't any.

Bold Brooklynite 07-06-2006 10:45 AM

Quote:

Originally Posted by somerfrost
... I'm a mindless twit to some because I find wisdom in the words of someone like Castro...it's the message not the messenger for god sake!

Yes, indeed ... Hitler loved dogs and was very kind to little children ... let's give him credit for that.

Bold Brooklynite 07-06-2006 10:52 AM

Quote:

Originally Posted by GenuineRisk
Please, some backup info as to why Eleanor is a "silly twit."

Mrs. Roosevelt never recognized or fully appreciated the danger posed by Soviet and international communism. She was easily gulled into thinking that it was some sort of benevolent social movement ... just as the artless Czarina had been gulled by Potemkin and his fake villages.

She was a wonderful lady with a heart of gold ... as well as a silly twit.

somerfrost 07-06-2006 11:12 AM

Quote:

Originally Posted by Bold Brooklynite
Yes, indeed ... Hitler loved dogs and was very kind to little children ... let's give him credit for that.

You really do have trouble with any type of abstract thought, don't you? It's not about giving credit to Castro, it's the thought that was expressed...and from a ruthless dictator no less! You continue to focus on the person and not the idea...

GenuineRisk 07-06-2006 12:20 PM

Quote:

Originally Posted by Bold Brooklynite
Ken Lay was a crook ... but please allow me to repeat the facts of this "pension" stuff ...

No Enron employees lost any of their own money. What they "lost" was the paper value of the Enron stocks which had been pledged to their pension plan. The value of these stocks was never "theirs" to begin with ... it was only something they were told they would get in the future.

It's like someone saying they'll give you a Rolex watch on your next birthday ... then not doing it.

Castigate Mr. Lay for being a crook ... but please stop wailing about the "little people" who had their "life savings" stolen from them ... because there weren't any.

BB, that's ridiculous. Yes, stock market savings are only as valuable as the people buying and selling think they are, but when a company chooses to give company stock for pensions, there is an understanding by the employee that the stock is worth about what the company says it is. Kenny Boy and Co. were lying about and covering up the true state of the company's finances, and continuing to push purchasing the stock on their employees. If the employees knew the true state of the company's finances, do you think they would have held onto their stock? Come on. This is not like being promised a Rolex and then not given it as a gift; pensions are part and parcel of the employment package (if a package includes them). They aren't a Christmas bonus. What this is like is using all of your savings for a Renoir that you were told over and over was genuine and that you could resell at a profit in the future and then finding out the guy who sold it to you knew it was a fake that he bought at Wal-Mart. And then the guy dies before you can sue him.

Under your theory, people should be putting their assets only in cash in their mattresses, because otherwise it's just theoretical-- any interest-bearing investment you do requires putting the money in something theoretical-- like a company's future. Pulling out of the stock market would crush big business in this nation. Odd line of thinking for a rightwinger, don't you agree?

Well, at least they have Social Security. It'll keep them off the streets, anyway, if not much else. Forty percent of your average yearly income is not a lot, but it's a safety net, anyway. Yay for FDR! Still saving the average American from the evils of the modern-day robber barons.

GenuineRisk 07-06-2006 12:22 PM

Oh my God; I can't believe BB finally goaded me into really getting into it with him. Darnit! You suckered me! Sigh...

But I do apologize for using "ridiculous." I would prefer to keep away from name-calling and things like that in these things. You may have very good backup for your argument. To quote Rhett Butler, "I shall watch with interest."

Dunbar 07-06-2006 02:34 PM

Quote:

Originally Posted by somerfrost
You really do have trouble with any type of abstract thought, don't you? It's not about giving credit to Castro, it's the thought that was expressed...and from a ruthless dictator no less! You continue to focus on the person and not the idea...

Sorry, I don't even buy "Castro, the ruthless dictator". Battista, the guy Castro overthrew, was a ruthless dictator. We, the US, have supported numerous ruthless dictators when it suited our purpose. We supported Battista's regime, and we've paid the price for 50 years. Castro is a saint compared to Battista, who fled with as much of his country's wealth as he could stuff into his offshore accounts.

--Dunbar

Downthestretch55 07-06-2006 02:58 PM

Quote:

Originally Posted by Dunbar
Sorry, I don't even buy "Castro, the ruthless dictator". Battista, the guy Castro overthrew, was a ruthless dictator. We, the US, have supported numerous ruthless dictators when it suited our purpose. We supported Battista's regime, and we've paid the price for 50 years. Castro is a saint compared to Battista, who fled with as much of his country's wealth as he could stuff into his offshore accounts.

--Dunbar

Good point Dunbar.
Just a question...which country supported the dictator named Saddam until about 1990?
And if you get that one, which country supported the dictator in the Phillipines named Marcos?

somerfrost 07-06-2006 02:59 PM

Quote:

Originally Posted by Dunbar
Sorry, I don't even buy "Castro, the ruthless dictator". Battista, the guy Castro overthrew, was a ruthless dictator. We, the US, have supported numerous ruthless dictators when it suited our purpose. We supported Battista's regime, and we've paid the price for 50 years. Castro is a saint compared to Battista, who fled with as much of his country's wealth as he could stuff into his offshore accounts.

--Dunbar

I don't disagree with your characterizations, I would only point out that while "better" than Battista, Castro has allowed great suffering by the people of Cuba...of course, this rather stupid embargo that the US persists with for obvious internal political reasons hasn't helped.

boldruler 07-06-2006 03:37 PM

I see the communists and the right wing wackos are out on this thread. On a lighter note, you have to see the NY Post cover on this one and this conspiracy story. Cover is very funny in my opinion, but I really didn't like the guy.

http://money.cnn.com/2006/07/06/comm...tler/index.htm

ateamstupid 07-06-2006 08:22 PM

Nice to see The Post taking the high road as always, LOL!

Bold Brooklynite 07-06-2006 08:42 PM

Quote:

Originally Posted by somerfrost
You really do have trouble with any type of abstract thought, don't you? It's not about giving credit to Castro, it's the thought that was expressed...and from a ruthless dictator no less! You continue to focus on the person and not the idea...

My point is ... that vicious murderers should never be given credit for anything ... not even for feeding stray dogs.

I'm sure there are more honorable sources who are quotable ... focus on them.

Bold Brooklynite 07-06-2006 08:48 PM

Quote:

Originally Posted by GenuineRisk
BB, that's ridiculous. Yes, stock market savings are only as valuable as the people buying and selling think they are, but when a company chooses to give company stock for pensions, there is an understanding by the employee that the stock is worth about what the company says it is. Kenny Boy and Co. were lying about and covering up the true state of the company's finances, and continuing to push purchasing the stock on their employees. If the employees knew the true state of the company's finances, do you think they would have held onto their stock? Come on. This is not like being promised a Rolex and then not given it as a gift; pensions are part and parcel of the employment package (if a package includes them). They aren't a Christmas bonus. What this is like is using all of your savings for a Renoir that you were told over and over was genuine and that you could resell at a profit in the future and then finding out the guy who sold it to you knew it was a fake that he bought at Wal-Mart. And then the guy dies before you can sue him.

Under your theory, people should be putting their assets only in cash in their mattresses, because otherwise it's just theoretical-- any interest-bearing investment you do requires putting the money in something theoretical-- like a company's future. Pulling out of the stock market would crush big business in this nation. Odd line of thinking for a rightwinger, don't you agree?

Well, at least they have Social Security. It'll keep them off the streets, anyway, if not much else. Forty percent of your average yearly income is not a lot, but it's a safety net, anyway. Yay for FDR! Still saving the average American from the evils of the modern-day robber barons.

My point is that the assets weren't some poor schnook's "life savings" ... as if Lay destroyed a bank where people had been squirreling their money.

Any reputable financial advisor will say that it's unwise to keep all your assets ... savings, pension, whatever ... in one stock. Diversify ... diversify ... diversify is what they all preach. Those who kept all of their pension assets in Enron stock were as unwise as Ken Lay was crooked.

In any case ... it wasn't their "life savings" which were lost.


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