2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.22

-0.2%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: philv who wrote (52573)	7/21/2009 7:48:03 AM
From: Maurice Winn	3 Recommendations Read Replies (3) of 217917

<Misuse of power, corruption and fraud> have nothing to do with capitalism but everything to do with crime and criminality, which are most normally found in socialist systems because state monopolies cannot be opposed whereas in capitalist systems, competitors are always hunting down opportunities and crime can be punished by the state and competitors have an interest in prosecuting criminals. Companies run by criminals are less profitable than those which are not, so they have a harder job keeping customers, as well as which in a country run on capitalist principles, they will be prosecuted by the government. In countries run on socialist principles, such criminal behaviour escapes prosecution far more easily because robbing others is the norm and citizens and government people don't even see robbery as criminal. My complaint was your unwarranted and falsely founded lynch-mob style attack on our glorious, venerable, estimable and honorable hero Sir Alan. It was shown to be false and unwarranted. If you were to focus attention on the actual bandits such as Paulson and the self-dealing Goldman Sachs mob, it would make more sense than blaming a guy who did nothing more than try to keep the money supply more or less in balance with economic developments so that consumer prices kind of stayed more or less the same with only a 5% per year royalty fee to the owners of the US$. Be careful about joining a lynch mob. Once the tumbrels start rolling, all and sundry can end up out of favour with the mob. Robespierre was keen on The Terror, but it turned and took him too: en.wikipedia.org TJ has read about and recommended a book about financial shenanigans which led relentlessly and promptly to the revolution. It's interesting in history but certainly far less fun if conducted along your village street and in your house. Are you sure Sir Alan Greenspan KBE is as bad as you say? Mqurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next