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This gets to the basic concept of underwriting. If the underwriting is properly done a project whose monetary purpose is to pay back with a return the money invested will only fail for unforeseeable and rare reasons, such as having a rock fall from the sky upon it. But, in the existing system, the critical function of underwriting has been seriously compromised by control fraud which now extends to the entire apparatus of government and banking. This leads to the question of which is easier: breaking the control fraud in the interest of saving the long term survival by sacrificing the short term interest of those running the fraud or abandoning ship in the hope of not going down with it or being destroyed while on board?

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Feb 27th, 2012 at 11:04:28 AM EST
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