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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DOUG H who wrote (267943)	6/28/2002 4:17:37 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 769670

Doug, Now that was downright hostile. <g> I ask you about the nefarious uses "hedonic" accounting is being put to and all you come back with is the idealization of capitalism that Noonan then went on to say was no longer reality. Noonan's article was all about how capitalism is broken. Your rant was all about taking text out of context to fulfill some silly fantasy you have. Tell me Doug, how many of your employees have you lifted out of poverty today? Capitalism is all about exploitation. You get rich, your employees get to worry about the rent increase, the doctor bill they can't afford and heaven help them if they think they'll ever be able to retire. Capitalism has almost all of us on a treadmill. Except for the lucky, the well connected and the criminally minded: ucomics.com Mechanics and mechanism? How old-fashioned. Today it's accountants and "off-shore evergreen revolvers". I don't have nightmares. I can see that the tide is turning against the slime mold infesting 1600 Pennsylvania Avenue. Be of good cheer! Ray

To: DOUG H who wrote (267943)	6/28/2002 11:44:38 AM
From: MSI	Respond to of 769670

re:capitalism, from my smarter, wealthier brother: "... this is quite an article, especially because Ronald Reagans speech writer is the author. A right-wing Republican attacking U.S. business gets my attention. What bothers me is that Noonan thinks this is mainly a MORAL failure, when I think it's really a result of increasing control of our government (and more importantly regulatory bodies) by Big Money. If we had adequate regulation, realistic accounting rules about stock options for example, adequate coverage by the news media instead of Happy Talk, and adequate governance in which political influence is denominated in real people's ballots rather than dollar bills, this could not have happened. Just as disturbing to me is Noonan's idea (very popular these days) that Capitalism is "the best way to raise the poor out of poverty". Pure capitalism is simply Darwin applied to economics--the strongest survive and the weak die. It's 12-hour days with child labor, and black lung for coal miners who spend all their money at the company store. If you are mentally retarded, mentally ill, have low IQ, suffered lead poisoning because you lived in a Ghetto, have parents who beat you silly from the time you were 3 years old--too bad, you're doomed. To say that Capitalism is some kind of benign, all-benevolent force is an absolute obscenity. The ONLY thing that makes Capitalism work is powerful limits place on it so that there is some form of social justice in balance with economic growth. I think Noonan and others would gladly blame a collapse in morals for the current mess. Then they don't have to question their pie-in-the-sky concept of capitalism as an ideal, ethereal system of economics. They don't have to question the very existence of "pure" capitalism--which really has no more existence than the proverbial grin of a Cheshire cat. Pure capitalism simply doesn't exist--thank goodness. End of diatribe."