Important Announcement

See here for an important message regarding the community which has become a read-only site as of October 31.

Post Reply
Switch to Forum Live View Entitlement society: hedge funds insist on human right to investment returns
6 years ago  ::  Jan 20, 2012 - 5:30PM #1
Posts: 8,301

This world gets a weirder place each day...

[F]und managers are considering a fight against what they believe would be a violation of human rights law, arguing that their rights to property would be infringed by a write-down of Greek debt.

I wonder what those think who repeatedly have shed crocodile tears about investors' "productivity" as opposed to what they label an "entitlement" attitude of the less fortunate.

Quick Reply
6 years ago  ::  Jan 20, 2012 - 9:25PM #2
Posts: 7,522

Give them credit for creativity as well as greed.

 But, no.

You may have a right to property.  But when you invest your money, you assume all risks associated with that investment, including bankruptcy and any subsequent judgements- whether your investment is in Greece, bad real estate, or Eastman Kodak.

Quick Reply
6 years ago  ::  Jan 28, 2012 - 12:00AM #3
Posts: 16,967

This thread was moved from the Hot Topics Zone

Libertarian, Conservative, Life member of the NRA and VFW
Quick Reply
    Viewing this thread :: 0 registered and 1 guest
    No registered users viewing

    Beliefnet On Facebook