Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (15336)	2/21/2002 9:28:10 PM
From: AC Flyer	Read Replies (2) of 74559

Hi Ray: More philosophical differences. Are you sure you're not Canadian or British or something? >>debt is good because responsible government is impossible<< No, federal budget surpluses are bad because the pols in Washington just love to spend your money on stuff that will get them votes at the next election. Responsible government is not impossible, just infrequent. >>As to how society takes care of itself, you prefer rugged individualism. I prefer fairness.<< This I love - it is right out of the Europol playbook. Right before they mention income redistribution. So perhaps you could explain what you mean by fairness, because when a politician starts to talk about fairness, they are talking about someone deciding that they know better how to spend my money than I do. So come on, Ray, what is fairness? And who decides what is fair? Based on what criteria? "Under capitalism, man exploits man. Under communism, it's just the opposite." - John Kenneth Galbraith

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