Silicon Investor (SI) -- The First Internet Community

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 : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Petrol who wrote (5085)	10/6/2002 12:59:02 AM
From: X Y Zebra	Read Replies (2) \| Respond to of 57110

thanks for the link... i have printed it and pin it to the wall by my computer... just in case i forget. ... again, the more i read about what is going on and the insanity by many of the leading "actors" they seem to be in some sort of trance, ignoring reality... this simply confounds me. more and more, some of the ideas that although i have agreed with, i thought they were radical. yet... i do not see any other logical outcome, given the mountain of evidence that grows against the existing mentality from all sides of the ideologies. in short it feels they are simply ignoring the increasingly CLEAR(er) facts .... so in that vein, I offer a few thoughts... ------------------ I am a trader. I earn what I get in trade for what I produce. I ask for nothing more or nothing less than what I earn. That is justice. I don't force anyone to trade with me; I only trade for mutual benefit. Force is the great evil that has no place in a rational world. One may never force another human to act against his/her judgment. If you deny a man's right to Reason, you must also deny your right to your own judgment. Yet you have allowed your world to be run by means of force, by men who claim that fear and joy are equal incentives, but that fear and force are more practical. John Galt... John Galt Speech (condensed version) working-minds.com ______________________________________ "Then you will see the rise of the double standard – the men who live by force, yet count on those who live by trade to create the value of their looted money – the men who are the hitchhikers of virtue. In a moral society, these are the criminals, and the statutes are written to protect you against them. But when a society establishes criminals-by-right and looters-by-law – men who use force to seize the wealth of disarmed victims – then money becomes its creators' avenger. Such looters believe it safe to rob defenseless men, once they've passed a law to disarm them. But their loot becomes the magnet for other looters, who get it from them as they got it. Then the race goes, not to the ablest at production, but to those most ruthless at brutality. When force is the standard, the murderer wins over the pickpocket. And then that society vanishes, in a spread of ruins and slaughter. "Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot. Fransico D'Anconia.... working-minds.com __________________________________ "Democracy is the theory that the common people know what they want, and deserve to get it good and hard." - * - "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." H.L. Mencken _________________________ "The legacy of Democrats and Republicans approaches: Libertarianism by bankruptcy." Nick Nuessle, 1992 ------------------------------------- I have always agreed with Rand and Mencken, yet I thought, particularly Rand, that the practicality of the ideas were questionable, given that society, although had decayed in its honesty, ethics and so on... it seemed to function. However, given the destruction of wealth we are witnessing and the eventual consequences, many totally unknown to many of us, (and possibly unimaginable to some others)... I am becoming more convinced that what is happening in Argentina, (and possibly in Brazil), very well could happen here. I am beginning to be convinced that the great majority of future "retirees" have absolutely NO CLUE of what has happened to their pensions/retirement portfolios, --and even less about the increasing size of the un-funded liabilities by the government. So... what am I saying? Well, I wish I knew with a clearer vision. For the long term... who knows as many things can happen and change... but for the short term.... We are not in a bear but in a Grizzly... and I am also aware that as Earlie mentioned a phase of the bear that could make mince meat of both bulls and bears due to these potentially violent rallies... As for the long term... well I am going to be monitoring Argentina and Brazil for a possible view of the future. [and I sincerely hope I am wrong...]