Idiots.

[charliep]

More coffee please. Completed fall of 2008

[chaffmeister]

charlie - put down the coffee.

You mean in the fall of 2008 and not 2007. (But I think we knew what you meant.)

[chaffmeister]

you beat me to it...

[haveapulse]

Actually cchurch is right we are idiots: if this was Cargill someone would be in with a magnifying glass, long before the annual report and the necessary staff adjustments made.

As I understand, Cargills risk management strategy is based on a minimal approach to speculaton and hedging; we buy, we sell, we make profit in between.

Where cchurch is right is that the BOD must be idiots not to hire one of Cargills best traders, or even for that matter one of Cargills worst traders, and let them pick and chose who at the board now has the discipine and work ethic and market knowledge to remain.


And we are idiots to put up with the current BOD if they do nothing.

[haveapulse]

Where cchurch is wrong it in suggesting we have choice.

Choice
n. the power, right or liberty to chose; option
n. the act of choosing, selection.
v. of fine quality.

Choise means one could sell their capital of wheat or barley to whomever they feel whenever they want.


Canada claimed victory for liberty and freedom in WWII, what a shame this did not extend to the right of ownership of capital to western Canadian farmers.