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Politics : Canadian Political Free-for-All -- Ignore unavailable to you. Want to Upgrade?


To: Gulo who wrote (231)11/9/2000 12:57:34 AM
From: GerPol  Respond to of 37056
 
canuck-l-head,

"My best friend is such a person. He escaped from Czechoslovakia well before the Velvet Revolution. I have also spent some time in Poland, and was exposed to some parts of the black market. The typical east block black markets was not a free market. It was just the opposite - it was a market where no one's rights* were protected, not a market where everyone's rights were protected."

Who is it you believe is protecting your rights non other than the government you despise. How do you reconcile this ?

""I don't see how you can believe that the other sins of the corporate boardroom create real losses that are larger than those created by government. Even if they did, it's the shareholders that suffer. There is something fundamentally more disturbing about having our tax money spent on grants to the PM's supporters than there is about a case of insider trading."

-Let us not forget that when a corporation goes bankrupt the shareholders are left in the cold. Money borrowed on the open markets E.I. Banks are all but lost. These costs are passed along to all the Banks customers, you and I. Suppliers, investors all pass along their losses again to you and I. These cost all remain hidden to the Ave. Joe who virtually is not aware of the cost he just paid for this companies failure.
I will spare the metaphor on the inside trader and how he is a leach on any/all unsuspecting worker, consider the impact on his/her rrsp funds alone.

It's late got to go Zzzzzzzzzzz

gp