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Message: <blockquote data-quote="ZombieHunter" data-source="post: 2090740" data-attributes="member: 5791">How about that <a href="http://en.wikipedia.org/wiki/Austrian_School" target="_blank">Austrian School of Economics</a>? Good stuff right? and on your subject of transfer of wealth it would actually have been the Bank Bailout in terms of actual cost and what they scammed, over $700 billion in pure cash given to banks for insurance payouts on bad debt...that they previously sold for profit and held no interest in. The fact that The General Public did not fully understand and still does not the simplicity of what they were doing, and how financially irresponsible it is (still doing it to this day) makes this the single largest transfer of wealth in the history of corporate America. Think about it, not a single operating cost or hard asset was lost or purchased, just a crap ton of $ for nothing, its as simple an analogy as me insuring everyone on OSA's house and car with full loss and liability insurance, and reaping the profits before you see a dime if ever. The banks insurance policies trump any and all things you could ever dream of thinking existed.Much like the Petroleum industry's stranglehold on minerals, and T. Boone Pickens massive Water Rights Holdings, those people know what TRUE value is, Water will be among the scarcest most coveted resources in the next 20 years. I fully expect to see city dwelling and other major metro areas in the future littered with dead bodies of those who had no water to drink, or who drank tainted water. Those with a brain will have water rights on their own land, and catch rainwater, and filter and purify accordingly, it will be a normal thing.</blockquote>

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