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I am aware that a philosopher's ideas are not subject to the judgment of ordinary persons because it is his endeavour to seek the truth in all things to the extent permitted to human reason by God.

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They've been fairly positive as firm as they could be in regards to the derivatives operations in Montreal. We didn't sense that there was a hesitation about it. But things change.

I think my generation it's hard to have hope when you got a $700-trillion derivatives debt to pay and a bubble about to explode and $500 trillion worth of GDP.

Over and over again financial experts and wonkish talking heads endeavor to explain these mysterious 'toxic' financial instruments to us lay folk. Over and over they ignobly fail because we all know that no one understands credit default obligations and derivatives except perhaps Mr. Buffett and the computers who created them.