Greece Junked, Risk Assets Trashed - Up and Down Wall Street Daily - R. Forsyth - Barrons.com

TOO MUCH TODAY, TOO LITTLE TOMORROW: Greece Junked, Risk Assets Trashed - Up and Down Wall Street Daily - R. Forsyth - Barrons.com:

"One of my favorite ruminations is from the study of history also: i.e. when a culture ignores the events on or over the horizon, then the culture is usually overcome and destroyed (from the Sumerians to the Aztecs, etc.).

We (Western culture) has been presented with the horizons of science and outer space. If we decide to fund those who don't produce instead of reaching out to explore these horizons, the future of our society is likely to be the same as the Sumerians.

Large numbers of people believe in various degrees of religious experience that are also myopic and obscure any embracing of a larger world view.

It would seem fair to give a fair chance to those who wish to look beyond the narrowness of Earth, at least equal to the demands to provide for those who don't want or feel the need to make anything of their lives.

Greece is a perfect example (as is the Obama administration) of those who want to consume today and forget about the frontier or tomorrow."