Comments on: US Should Learn From Korea: Jeff Jones

By: Voices without Votes » Two Capitalisms

Voices without Votes » Two Capitalisms — Wed, 16 Sep 2009 17:37:05 +0000

[...] The EU has more colorful currency, longer paid vacations, Euro-porn…and now European governments are more efficient at bailing-out banks? Even an American expat thinks the way ROK handled its credit card crisis in 2000 is a role model for the US! [...]

By: PoliGazette » Two Capitalisms

PoliGazette » Two Capitalisms — Wed, 01 Oct 2008 11:59:14 +0000

By: PoliGazette

PoliGazette — Wed, 01 Oct 2008 11:56:05 +0000

Two Capitalisms…

…

By: Robert Koehler

Robert Koehler — Mon, 29 Sep 2008 15:28:00 +0000

Well, I liked JJ’s advice… even if Wedge speaks the truth, too.

By: Linkd

Linkd — Mon, 29 Sep 2008 13:35:48 +0000

Jones, a naturalized Korean who has lived in Korea since 1980…

Apparently, a statement of his qualifications.

By: redneck hickboy

redneck hickboy — Mon, 29 Sep 2008 12:28:46 +0000

So apparently it IS a Korean administrator who will have the final say as to whether Jeff Jones’ kids get to go to an Int’l school this year or not.

By: r.rac

r.rac — Mon, 29 Sep 2008 12:12:03 +0000

god i cant believe i agree with some of it. the fact is the banks/cc companies got their buddies in congress to rewrite the personal bankruptcy laws in their favor, now where that used to be an option it isnt and now the banks are finding out the hard way

of course the banks were stupid to give out mortgages and credit cards to people who had no business getting them but thats another debate

By: lupin_the_4th

lupin_the_4th — Mon, 29 Sep 2008 11:29:10 +0000

(6.) “It’s interesting how sensitive some people are over the mere suggestion that the United States might have something to learn from Korea about fixing certain aspects of their economy.”

It’s for the same reason that we don’t ask old maids for marriage tips – batting zero happens for a reason.

By: Wedge

Wedge — Mon, 29 Sep 2008 10:48:50 +0000

Now you do know he’s talking about the credit card problem circa 2003, right? And actually makes some pretty good points like proper risk evaluation?

In which case, the answer is to invite PEFs (or maybe sovereign wealth) to buy banks, let them take the all the risk and turn the banks around, and then prosecute the bejeezus out of them when they try to take their hard-earned money out of Dodge.

By: globalvillageidiot

globalvillageidiot — Mon, 29 Sep 2008 10:37:00 +0000

It’s interesting how sensitive some people are over the mere suggestion that the United States might have something to learn from Korea about fixing certain aspects of their economy. (Almost as testy as some people get over the suggestion that gun control or national healthcare might not be a completely bad thing.)