To: LLCF who wrote (60474 ) 12/20/2012 4:19:24 PM From: Maurice Winn 3 Recommendations Read Replies (1) | Respond to of 71588 On the contrary, I did not say In this case you are saying it gets "wasted". > It goes to somebody who cares more about it than you do, so pretty much by definition it is less wasted than if you bothered with the details. At different times in my life I have counted every penny and at other times been unconcerned about $thousands. Hopefully the trend to bigger numbers continues. "Wasted" money is quite immoral. Money is the power to get other people to do things to get it. If that power is used to get them to do stupid, wasteful things, it would be better to not have that money. It's reasonable to enjoy luxuries. I loved seeing Larry Ellison's ship Katana in Auckland harbour. It's an inspirational work of art. If, through some perverse nature, he got people to do ridiculous things that he didn't enjoy and the work was simply to annoy other people with his power to do ridiculous things, then the efforts of the people working at uselessness simply to get money would be wasted. People could choose not to do those useless things, but to get the money, they would do. But because people like to do good things, the price would be higher than normal so the drain would be quicker. Which is not to suggest in the slightest that he in particular would go against his nature to do that. But no doubt there are people like that. Most of them likely in government where they spend opm and they love power for its own sake. People who have made it themselves are more likely to be like Andrew Carnegie and Bill Gates and go on to do amazing works of philanthropy. It's simplistic to think of all spending as equal and simply an array of ways of recycling money. That's why "stimulus" spending is a BIG mistake. It goes towards wasteful activity or outright theft instead of sensible activity. Solyndra is an example. Mqurice