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Reply #38: well, if you think about it....they are connected. [View All]

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PretzelWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-03-09 02:36 PM
Response to Reply #7
38. well, if you think about it....they are connected.
much technology advancement is actually beneficial to our lives. but some technology is dangerous and must be regulated. letting everyone have a vaporizing gun (should one be invented) would not be wise.

same with financial world. the advance of technology and power of being able to do mass analysis of servers full of data allows banks and other financial institutions to offer good products they couldn't possibly have logistically managed decades ago. That doesn't mean there aren't BAD ways that knowledge and information can be used such as we are discussing regarding mortgage backed securities.
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