Shortselling People
One of the items I left out of the most recent home page piece on my webzine was a note about how John Paulson got his boffo paycheck. Paulson, if you remember, was the hedge fund manager who took home $3.7 billion last year. It'd've been nice to squeeze it in there, but it wasn't necessary. Again, as I pointed out in my last blog entry, I'm not making these notes to pout about someone else looking richer than I do. I just want to point out things that just aren't being pointed out, and I think there may be a few who are interested, that's all.
I share it also because it does parallel a recent current event that some are opining about. That in a moment.
First, Paulson got his take mostly on the strength of deft shortselling in the housing market. He took advantage of dip in home values by shorting those infamous collateralized debt obligations, or mortgages-turned-into-bonds. It's a bit complicated how he did it, at its core having to do with the concept of short selling. Essentially, though, it worked like this.
A bunch of homeowners thought the value of their homes would go up. Some ravished investors thought so too, and enabled their optimism by buying their loans. Paulson said, "Nah-ah," and after watching them gleefully bet on those increases by paying more than they should have, Paulson did his shortselling thing.
Shazam. That perception of value increase was now in Paulson's pocket. It's as if I think a house is going to be worth $500,000 and I pay that, but then it goes down to $300,000. Where'd that $200,000 go? I lost it at the housing blackjack table, and Paulson won it. As the World says,
"Losers weepers finder keepers."
The current event that relates is the recent ruling by California's Supreme Court that same-sex marriages are okay in the state. A zillion different things can be said about it, and many people have indeed said a lot and a lot more will be said. What on earth could this, however, have to do with hedge fund value confiscation?
John Paulson and State Supreme Court Chief Justice Ronald George are not much different actually.
Shortselling people is their job.
Every individual who insists he or she is a homosexual was tremendously shortsold. Certainly each one of them will shrug that they are dignified, respectable human beings who choose wisely and are just regular people except for their natural and perfectly harmless sexual proclivity.
But the fact is sex is a beautiful gift from God and anything outside of that gift exchanged between a committed adult male and a committed adult female makes both of those who would otherwise exchange it
Less than human.
Yes, indeed.
It is nothing other than yet another form of human sacrifice.
I'm not trying to be moralistic or judgmental or mean-spirited. To say a thing is bad is not my call. The law is already there for that, and heaven forbid I should be a condemnor.
I just want to lay on the table the possibility of this one thing, simply that these people are subjected to a unique form of value extraction, and that they may see that if they look closely at what the World has convinced them to believe.
I also pray there are some reconcilers out there who'll truly engage them with God's grace. Truth too, of course. But truth that is true, and that truth includes healthy grace and care and concern.
I'm sorry, but from my perspective those committed to grafted churches--501c3 incorporations--just don't do that very well. These people pretty much fall into one of two camps. One seethes at them and hollers about them, and the other joins in throwing the rice after the ceremony.
Where are the ones who love?
Some other forms of human sacrifice are here. How churches are impotent to truly minister to victims of human sacrifice is here.
I share it also because it does parallel a recent current event that some are opining about. That in a moment.
First, Paulson got his take mostly on the strength of deft shortselling in the housing market. He took advantage of dip in home values by shorting those infamous collateralized debt obligations, or mortgages-turned-into-bonds. It's a bit complicated how he did it, at its core having to do with the concept of short selling. Essentially, though, it worked like this.
A bunch of homeowners thought the value of their homes would go up. Some ravished investors thought so too, and enabled their optimism by buying their loans. Paulson said, "Nah-ah," and after watching them gleefully bet on those increases by paying more than they should have, Paulson did his shortselling thing.
Shazam. That perception of value increase was now in Paulson's pocket. It's as if I think a house is going to be worth $500,000 and I pay that, but then it goes down to $300,000. Where'd that $200,000 go? I lost it at the housing blackjack table, and Paulson won it. As the World says,
"Losers weepers finder keepers."
The current event that relates is the recent ruling by California's Supreme Court that same-sex marriages are okay in the state. A zillion different things can be said about it, and many people have indeed said a lot and a lot more will be said. What on earth could this, however, have to do with hedge fund value confiscation?
John Paulson and State Supreme Court Chief Justice Ronald George are not much different actually.
Shortselling people is their job.
Every individual who insists he or she is a homosexual was tremendously shortsold. Certainly each one of them will shrug that they are dignified, respectable human beings who choose wisely and are just regular people except for their natural and perfectly harmless sexual proclivity.
But the fact is sex is a beautiful gift from God and anything outside of that gift exchanged between a committed adult male and a committed adult female makes both of those who would otherwise exchange it
Less than human.
Yes, indeed.
It is nothing other than yet another form of human sacrifice.
I'm not trying to be moralistic or judgmental or mean-spirited. To say a thing is bad is not my call. The law is already there for that, and heaven forbid I should be a condemnor.
I just want to lay on the table the possibility of this one thing, simply that these people are subjected to a unique form of value extraction, and that they may see that if they look closely at what the World has convinced them to believe.
I also pray there are some reconcilers out there who'll truly engage them with God's grace. Truth too, of course. But truth that is true, and that truth includes healthy grace and care and concern.
I'm sorry, but from my perspective those committed to grafted churches--501c3 incorporations--just don't do that very well. These people pretty much fall into one of two camps. One seethes at them and hollers about them, and the other joins in throwing the rice after the ceremony.
Where are the ones who love?
Some other forms of human sacrifice are here. How churches are impotent to truly minister to victims of human sacrifice is here.
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