We tend to forget that government, politics, and economics are not the same thing. The word politics and the phrase political party don’t even occur in the U.S. Constitution or the Bill of Rights. Nor is the word economy even implied in either of these documents. In fact, George Washington, the...
Posted to
Not-a-Lemming
by
FutbolGuru
on
Mon, Feb 23 2009
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Filed under: capitalism, government, politics, greed, selfishness, nepotism, free market, materialism, hedonism, economics
One of the selling points of Mr. Obama as leader of the ‘free’ world was that he was/is in touch with reality. By this, of course, it is meant that his struggles have been similar to ours so he shares our values, ideals, and sensibilities. Naturally we assume this about him because he did...
Posted to
Not-a-Lemming
by
FutbolGuru
on
Mon, Feb 9 2009
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Filed under: Bail out, Bailout, socialism, banks, capitalism, feudalism, greed, bonuses, reality check, executives, masses
They say things come to you in the shower. That doesn’t usually happen with me. More often, during the act of climbing into bed. Then I have to get up and write the idea down, for experience has taught me if I don’t write it down, no matter how Earth-shattering the thought, it will be gone...
Posted to
Not-a-Lemming
by
FutbolGuru
on
Fri, Feb 6 2009
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Filed under: Bail out, Bailout, socialism, economy, Communism, capitalism, government, retirement, feudalism, greed, mutual fund, FICA, taxes, Social Security, stock market, swindle, 401K, swindler
Greed is a deadly sin, and it is an oft-propagated malapropos market malapropism. This will be a short post with one question. How can sellers be greedy when buyers determine prices?