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Pastimes : Let's Talk About Our Feelings!!!
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To: E who wrote (33535)3/30/1999 9:47:00 AM
From: Chuzzlewit  Read Replies (2) of 108807
 
E, there are so many example that of this kind of thing that it would take volumes to just list them. I think that a certain fear of government excess is reasonable, but a lot of what we read is nothing less than paranoia or disregard for others masked as "rights". For example, I may own a piece of property in a suburban area, but I think that the people have every right to prevent me from breeding and releasing vermin. There must be limits to individual actions as well as limits to those limits. Isn't that what the Bill of Rights is all about?

Since all of us are investors (at least in theory) wouldn't we all agree that government agencies such as the SEC play a very important role in protective role? Or would we prefer an unregulated system where the unscrupulous would fabricate their accounting? Wouldn't the resulting public apprehension hurt the legitimate capitalist?

I remember debating the issue of government with an economics professor. He contended (in the argot typical of economists) that extinction of valuable animals and plants would not occur because it was not in the entrepreneurs interest. I asked how it came to pass that the Irish Elk became extinct? I also asked about the potential extinction of many tropical rain forest plants that might contain important alkaloids useful in treating disease -- medicinal that we will never know about because we have destroyed the source. And finally I asked him about esthetics. Why is it, I asked him, that we insist on measuring the worth of all things in dollars. How much is the sight of a stand of native redwoods worth, and what will it be worth a thousand years from now. How much is it worth to be enveloped in the sounds and smells and sights of native prairies or untouched subalpine forests?

TTFN,
CTC
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