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To: koan who wrote (142928)1/21/2009 10:58:23 AM
From: Anchan  Read Replies (3) | Respond to of 314315
 
koan says "By and large we humans generally divide ourselves into two groups, conservative and liberal..."
By humans, do you mean Americans? Because I can assure you that we Europeans (of all stripes) do not think in those terms, and neither do we Japanese. (And baseball, too, is unplayed in most of the world outside of the U.S.) --
Now back to the markets. My CEE is down 10% today, due to a dilutive placement adding 10% new shares. Do something about it, if you want to remain friends with me.



To: koan who wrote (142928)1/21/2009 1:50:12 PM
From: LoneClone  Read Replies (3) | Respond to of 314315
 
OT: The majority of Canadians do not bifurcate into those neat categories of yours.

We are further into the postmodern era than you United Statians, so our narratives are much more complex and contingent, always being renegotiated. This type of fluidity and renegotiation is anathema to the premodernist even more so than the modernist due to the premodern's greater reliance of fixed categories and ideologies.

LC



To: koan who wrote (142928)1/23/2009 3:45:02 AM
From: marcos  Read Replies (1) | Respond to of 314315
 
Yes we do tend to divide ourselves up - is this good? ... only two sides, well wouldn't one get embarrassed by one's allies a lot then?

'conservative and liberal, using dictionary definitions' - you'd be using a US dictionary of course, fine within your borders but wouldn't work outside - anglo countries use these terms closer to their classic meanings ... Burke, a whig [english term for 'liberal'], is considered the father of modern conservatism, basically because he couldn't support the french custom of lopping each others' heads off ... considered that 'radical', which made for at least a third political flavour, which is good as far as that goes ... what made conservatism modern, is it no longer stood for the divine right of kings, demonstrating that yes, it was open to new ideas

There can be great difference between conserving the status quo, and conserving the mores ... depends on which mores, i suppose ... the Conservative party of Canada is to the extent practical a classical liberal faction, or is supposed to be anyway, tries to avoid the worst mistakes of creeping socialism, also those of the galloping variety ... all in a very canuck context, where the 'Liberal' party has ruled for about three quarters of the last century and grew power cliques which pass for aristocracy here

The middle east is the way it is because one 13th century (B.C.) culture is invading the lands of another, they have closely related and mutually hostile whacko religions ... one has been resident in Palestine since time began, the other has been wandering elsewhere for two thousand years but claims to have a Land Grant From God ... their god, of course ... you'll find that support leans to the indigenous in much of the world, the whole concept of europeans waltzing in with hard currency and technology and taking over having been done in a number of places already, and the locals didn't like it there either

Got to modernise thinking, absolutely ... we've discovered command economies don't work well, crony capitalism hasn't done us too well lately, the divine right of kings and colonial land grabs have mostly gone out of fashion, so what shall we try next

Coffin brothers piece, interestingly hopeful chart on the TED spread, money may be 'made round to go round' again ... but their second chart is even better, i never knew it existed, $cdhl on stockcharts, it's the venture new highs minus new lows - kitco.com

Gallery view of same, shows we've been in a bear since march '07, capitulation lows last fall and now we may perhaps possibly have a crack at climbing out of it - stockcharts.com