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I have never read an Ayn work, I should because I been seeing good reports all over
Young Jeffersonian Republican said:I may decide to read Newt's book after I finish Ayn Rand's "Atlas Shrugged", but what are his ideas when it comes to tax reform?
I invited John Gault over here Lock, I have not heard back from him on this yet.
Try to give a little insight to the books premise.
Here is a good start. Liars Poker M. Lewis. An insight into wall street greed, the writer was an employee of Salomon Brothers. These guys would complain about only making 150 million a year on mortgage securities. One state wouldn't allow their mortgages to be packaged into bonds, so they lobbied congress to "over ride" the state law. This book shows tricks and tactics used by bond traders. He also states that the average trader has a 3 year career, and 7 years is consider a long time. Makes you wonder why certain settlements were granted @ 30 years of remaining on the job. Being a very popular book I hope someone else has some input on the text.
I read a little about this by the author as an after the fact essay. There is enough investor lingo to make parts of it difficult to understand unless you're in that business. He was commenting on the recent developments on Wall Street. I will try to get it on here soon.
lisa kit said:Try to give a little insight to the books premise.
Here is a good start. Liars Poker M. Lewis. An insight into wall street greed, the writer was an employee of Salomon Brothers. These guys would complain about only making 150 million a year on mortgage securities. One state wouldn't allow their mortgages to be packaged into bonds, so they lobbied congress to "over ride" the state law. This book shows tricks and tactics used by bond traders. He also states that the average trader has a 3 year career, and 7 years is consider a long time. Makes you wonder why certain settlements were granted @ 30 years of remaining on the job. Being a very popular book I hope someone else has some input on the text.
A truely eye opening read is Alexis de Tocqueville's Democracy in America. He goes into great detail about why Federal government systems usually do not work and how Americas was different. All the things he put in the balance sheet as defenses against the tryanny of majority are gone or going, in my opinion. At first I was just skimming through it, but nearly every paragraph has an important idea, insight or fact.
Also, I would recommend reading Edmund Burkes Reflections on the Revolution in France in tandem with Thomas Paines Rights of Man. The principles and ideas in Burkes thinking are very useful and thought provoking, especially when put into contrast with Paines.
FInally, Decision In Philidephia does a pretty good job of getting inside the Constituational Convention.
Right now I am reading Stendal, The Red and The Black; cant be all serious all the time. :):)
I have read the Fountainhead, definately going to read Atlas Shrugged after reading this forum.
April 15, 2010 from 11:30am to 1pm – Kerrville County Courthouse
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