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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (38595)9/21/2003 9:45:37 PM
From: abuelita  Read Replies (3) | Respond to of 74559
 
Of the proposals I can make, they are more of a generic longer-term way, such as:

(a) make fewer enemies, and work with the world
(b) get the bureaucrats out of the way to natural healing
(c) let the market seek its own clearing level
(d) do not spend more than you make
(e) do not seek maximum leverage in every trade
(f) stay away from margin debt
(g) be fair
(h) do not be greedy
(i) obey the ten commandments
(j) …



... only a small part of a wonderful
post jay. thanks for the time you
took to write it.

rose



To: TobagoJack who wrote (38595)9/22/2003 9:18:54 AM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 74559
 
Jay, I can not understand why you are so strongly against minimum wage. As a civilized world we should take care of those that are weak or can not compete, because they were born this way.

Nature does not stamp each human born into this world with an IQ of 120 or a drive for achievement or an inherent bend to steal and swindle an not get in trouble.

After all that what differentiate human from animal - compassion.

There is a big difference between pur capitalism and socialism, supporting the weak will only advance us better.

I respectfully disagree with your take that a total free capitalism society should rule the same way that I think that Europe went a bit to much toward socialism.

I am for a balanced society with the proper consideration for all it's citizen. I do not agree with your approach of capitalism. IMHO it is a crude way of survival of those that know the ropes of society and know how to abuse this society and not necessary the talented and gifted that brought us to were we are in our civilization.

To bring some example Einstein was no financial genius and if not for financial support for his "irrelevant science" at the time, we would be without nuclear power plants today.

On the same token based on your scenario Enron would continue to abuse our population as would be Tyco or Worldcom management.

We are still stuck with a sub-par operating system because some guy in Seattle has more talent in squashing competitors or buy their creativity for peanuts than writing creative software.

In a nutshell I do not like the society you think / envision will bring prosperity to ALL humans - true democracy and capitalism will not succeed because humans are so diverse and to many times those with qualities that enable them to exploit others hold the money and power to promote their false concept of society.

Rest my case