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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (875146)7/25/2015 9:24:52 AM
From: gronieel21 Recommendation

Recommended By
RetiredNow

  Respond to of 1578192
 
"Politicians don’t have the information or experience to provide guidance. They are zombies. They don’t want to learn the nitty-gritty details of real wealth building."

I'm not so sure about that....they show up in Congress penniless and come out as multi-millionaires...all on a paltry gov't salary.

Hillary said they were broke when they left the WH but I think they come back a little since they set up the Clinton Foundation to launder their bribe money.



To: RetiredNow who wrote (875146)7/25/2015 12:46:23 PM
From: tejek  Respond to of 1578192
 
In an economy, the person who is the source of most important new information is the entrepreneur. He is the fellow who takes risks, builds a new business, and then – surprise, surprise – it works!

The cronies want to stop him, before he undermines the value of their old assets and old business models with new information.

The zombies want to drag him down, leeching on him so greedily that he runs out of energy.

But without the entrepreneur, capitalism fails.


And without sufficient regulation, capitalism fails. You all only see one side of the argument and refuse to look at the negative dynamics of 19th century America when markets were freer and boom/bust were nearly as common as rain.

The trick is to keep the regulation and entrepreneurship in balance. After all, entrepreneurs are not saints.......on the contrary, they frequently will screw everyone if given the chance. Balance is the key. When you have balance, you have a good economy.