What are Ginko Bonds worth? - 2

LOL very true -

But if you were going to try to tell a judge they were worth something and you got robbed ..

Wow, it sure takes you all a while to get to this point. I gave up in the middle of the LAST chapter.

There's a word for this situation... hopeless case.

Mutual point, then.

With a difference...

I recognize a hopeless case and move on.

I think it is better to avoid a hopeless case than BE one, don't you?

hey hey be nice

we are only at marshmallow level your going to start making popcorn at this rate!

I almost didn't post this, but shit happens.

I'm keeping faith that there is a way to help the depositors even if that means the insiders still win by ugly means. If it goes from win-lose to win-win, that is something better. It is not yet hopeless in that sense, but ya you'r right. lol

Nothing like helping Ponzi win by finding a new sucker.

I can't help it...

Fire-breathing Dragons aren't the most subtle creatures in the universe, ya know. ;P

Well, OK, I only breathe fire when I am configured to do so, but still...

The only problem is that it will only ever work like this:

win-*lose*
win-win-LOSE
win-win-win-*LOSE*
win-win-win-win-*IT'S ALL FREAKING LOST AND GETTING WORSE EVERY ITERATION, DAMMIT!*

I really wish the people who believe in Santa Claus, the Tooth Fairy, and Other Magical Beings Who Can Magick Money Out Of Thin Air would get a clue. Here it is: For there to be ANY significant winners in this deal, SOMEONE *HAS* to lose, and the longer it goes on, they have to lose bigger each iteration. I would just prefer it (the Loser) be the person most responsible for the disaster to begin with; however, We All Know THAT Will Never Happen.

TINSTAAFL. Period.

yeah i've heard tha "its my nature" copout before something about a scorpion on a foxes back pfft

Yes.

The best case solution now is for someone to get Nick to liquidate everything held in the name of Ginko. Divide that number by the number of bonds and then pay off each Bond by that amount.

If its 25 cents, 50 cents whatever.

The amount Nick pocketed without investing and the amount he gave to his freinds is just a write off.

This is what would happen if it were a real bank that became insolvent.

---------------------------------------

Of course thats not what will happen becuase there no way to make Nick do it. So he is like a Gambling addict. "ill quit - Just as seeon as I get my stake back, just another hand - youll see"

Yeah, but I never promised not to breathe, claw, or bite.

I never enter into binding contracts that I haven't secured my edge in.

or Ponzi himself (emphasis mine):

You'r right. I got this book to write now, and title it "How to make you own damn perpetual bond for dummies." I thought it would be great for those that are burdened by the child support system. You know, fight fire with fire. We already know that CSS is a ponzi scheme just like you say... someone always loses... and that someone is the children most and then the one who has been burdened, which also takes all the blame.

Yep, we all are suckers for trying to help the children under that ponzi scheme that we get shoved down our throats. I guess one could accept a complete loss and have no chance to help to children.

Oh brother.. Back to that tired old saw of a broken analogy are we? What's next? The Entire Treasury System Is A Ponzi!!!!11!1oneoneone!1 Yeah, been there, slept through that one, thanks.



Think of the Children!! I am.. I am thinking they go down good with a little catsup. *burp*

Clue for ya, Dzon: Ponzis are Ponzis because they are run by private individuals against other private individuals. Government social programs aren't Ponzis because they are foisted onto the Citizenry BY the government. Remember, YOU (the general you) voted that crap in, or at least voted in the morons who imposed it on the rest of us. Don't like it? Vive la revolution!

Any other way you wanna twist this to try to spit on what I say?




Another insinuation? Surely you equivocally jest.



As long as you can laugh at someone, it makes you feel better... you don't care how they feel.



Heard that crap before and that doesn't answer or help anything. "Got any better bright ideas" than laughing at people who didn't ask to be laughed at?

Clue for you, don't assume people are that stupid. Right now I see that you, and others are and making people losers... you don't even give them a chance. You'r right... in your "win-win-win-win-lose" situation. You insinuation above implies you just want me to be the loser. Ok, you win-win-win-win-win-I-Lose Happy?

BTW, if you'r going to read other things I post on other threads... don't mock it.

Are you out of them already, need any help?

Crickets cherping, ... a new calculator... anything?

Wil's right about me being NP, and now you know where your money went... *burp*

lol well if you are then I'm not surprised and if you aren't your just a very crazy poster who replies to themselves

so if you are .. then are you done with the bonds yet and is the money gone and should people walk away from this?

I would assume the answer is yes but... just so's we can see it in print ^^

Sure, when you make irrelevant comments or bad analogies REPEATEDLY, I can point them out. When they are outlandish to the extreme, I don't think "subtle hyperbole" in a response would work.

I mean, you spent, what, 20 pages trying to convince people that "Face Value" of a bond means something other than the value of the bond on its "face". How much sillier can it get?



No, it's called a "sarcastic summarization" with a flourish of hyperbole mixed in for good effect. The sarcasm is due in large part, again, because it was both an irrelevant AND an incorrect analogy the FIRST time it was used. There's nothing equivocal about it, since I have never stated it was otherwise. I've been quite consistent on my nit-picking of your abuse of terminology and bad analogies.



Laughter is the best medicine for what ails you. I can laugh at my mistakes, and often do. I only cry over them when I make them again. Fortunately, I don't have to cry very often.

If you're looking for sympathy for being someone taken in by Ginko, perhaps you should try defending him less and trying to paint the situation as something other than what it is so that other people get taken in to cover for your error(s) in judgment. I mean, after all, if you get yours, what does it matter if someone else down the line gets stuck with an even bigger loss? Right?

I suppose the last point here is that we aren't discussing /feelings/, we're discussing /facts/; the latter usually have no truck with the former. Now, if you want to start discussing your feelings, feel free.



I've yet to laugh "at" anyone. I HAVE been laughing at what people have been SAYING. Do I think that it is funny that people lost big in Ginko or in the Child Welfare System? No. Do I think that it is funny that people make silly, useless analogies and spend PAGES of argument trying to redefine well-known and well-understood terms in an attempt to defend it? You BETCHA! Priceless entertainment.



I don't assume anyone is stupid until they prove it to me beyond the shadow of a doubt, repeatedly. No one here can make anyone any more of a loser in this deal than they already are. The only thing anyone can do is to show that there is a way to continue to lose on the deal, by allowing it to continue. There won't be any winners without more and bigger subsequent losers. The money HAS to come from somewhere. It can't just appear out of thin air (unless the Lindens are gonna loan Nick P their account database password for a bit).



*shrug* I mock what is, deserves, and is begging to be, mocked. Pointing out absurdity is fun; just like picking nits. Both are often very tasty!

Just remember, Nick, errr.. I mean, Dzon, the last one to keep a sense of humour about it all wins. Wins what, I dunno, but that was what was in the script, so....

Well the fox drowned

and did you set anyone on fire?

WOW


Forget ESL

go straight to the EST

Colette is a perfect example of someone that has shown their continual insults. ESL, EST... very childish.

Since you can't take any effort not insult and just discuss the facts, it's worthless to discuss anything.

I can not even understand why people are still talking about these junk bonds.

Here let me answer this for all....

Ginko took your money and now the guy is sipping on tropical drinks in Mexico on the beach.

And now he has a big smile because not only did he rip you once but now he is doing it again with the bonds.

The bank was fake
The bonds are junk
And you will never see your money again

Let it go and take it asa a learning issue.