Posted: February 23rd, 2010, 11:09 pm
(continued from previous page)
MT: the Panic of 1837 which among other things, this writer spoke of the housing bubble being burst due to rampant speculation that triggered the same response as today's housing market did not too long ago.
NS: “Nothing new under the sun,” saith the preacher. Read enough history, and one gets pretty jaded by the cries of impending doom.
”These are the end-times, just as they were in our father’s day, and in his father’s day as well.”
MT: Where my own discomfort and complaint comes into play is when I hear of the large corporations who wield their influence (power) to make the playing field in their own reflection,
NS: Who among us does not, whether as individuals or members of an organization? Only that apathetic individual should throw the first stone.
MT: I also have objection to the 1%'ers who buy votes in our government which may not favor the majority but only favor themselves.
NS: Are you speaking about illegal ‘bribes’?
MT: the Corporate Giants, as example, have doled out huge amounts of benefits and payroll that maybe up to 300% and more than the working class
NS: As an owner, and creditor, I am as adverse to these exorbitant ‘gifts’ that management gives itself as are the workers. I’m not sure what can be done about it, especially when Uncle intrudes into the market’s natural cure for waste and excess by injecting taxpayer’s money to support the foolishness.
MT: There is the inherent problem with greed that seems to creep in regardless of controls
NS: I’m of the Gordon Gecko school, “greed is good.” It’s just a pejorative term for ‘ambition.’ I suspect the fault lies with the ‘controllers’ rather than the ‘controls.’ Why fault the laws, if the police don’t fairly enforce the ones we already have. ‘Greed’ is like the fire (burning often over 500 degrees F) I have in my living room. It requires the application of firm limits, not a smaller flame to heat my home.
MT: But as our older age continues approaching, so does our realization that our past accomplishments are only that – accomplishments that have passed. It is the present which has been either missed or avoided my so many, often finding a refuge in work for a future rather than in enjoying now while it is available.
NS: Every choice we make cancels most of the alternatives. Only children plan on being President and a fireman all at the same time. For some, the stimulation of a career offers the greater allure, especially when young. Others, choose family first, and wonder at what they might have accomplished in a career. Alternative desires must pay the price with latter regrets. I can’t see how it can ever be prevented(?).
MT: When you write: ‘Capital’ does not deal in consumption, does not allow for the fact that capital is the reason consumption occurs. Without capital, no consumption.
Ns: I don’t disagree that the two are connected. I am claiming that there are differing perspectives given over to: ‘money for personal expenses,’ and ‘money as a tool.’ Yes, billions are “excessive” in light of the former, but no amount is excessive in light of the latter. It would be like saying that a giant steam shovel is excessive when anyone should be able to feed themselves with a spoon.
MT: Money (capital) must move or else it will become stagnant... not gaining in value.
NS: With inflation and taxes, like rust never sleeping; capital must run just to stay even.
MT: The good capitalist enterprises ruthlessly competes for our wants to create more money to create more wants to make more money to create more wants.... ad infinitum, or so the wanting capitalist hopes. Are we in any agreement here, amigo?
NS: Are your wants in someone else’s hands? Socrates claimed he felt rich whenever he visited the market -- there were so many things offered that he felt no need for. I never blame a salesman for trying to encourage a sale. Even the serpent in the garden of Eden was just doing his job. If the purchase was ill considered, blame the individual whose job it was to give consideration to making it. That was his job, and he should have been doing it; not blaming others for not doing his job along with theirs.
MT: Now that I've offered some of what I think, does that gain any credibility with you?
NS: You are ever credible with me, Cecil. Please take no offense, as none was intended. I just felt my expressive efforts were inadequate to the task. Not to sell you on ‘my’ pov, but to clearly present a capitalist pov for your inspection, and refutation (if required). I’ve no doubt that capitalism can be faulted with sound reason, as can any ism.
Cripes, this is getting way toooo long; apologies. I'll give you a "Crazy Cloud" quote next time. I best bail. Bye.
MT: the Panic of 1837 which among other things, this writer spoke of the housing bubble being burst due to rampant speculation that triggered the same response as today's housing market did not too long ago.
NS: “Nothing new under the sun,” saith the preacher. Read enough history, and one gets pretty jaded by the cries of impending doom.
”These are the end-times, just as they were in our father’s day, and in his father’s day as well.”
MT: Where my own discomfort and complaint comes into play is when I hear of the large corporations who wield their influence (power) to make the playing field in their own reflection,
NS: Who among us does not, whether as individuals or members of an organization? Only that apathetic individual should throw the first stone.
MT: I also have objection to the 1%'ers who buy votes in our government which may not favor the majority but only favor themselves.
NS: Are you speaking about illegal ‘bribes’?
MT: the Corporate Giants, as example, have doled out huge amounts of benefits and payroll that maybe up to 300% and more than the working class
NS: As an owner, and creditor, I am as adverse to these exorbitant ‘gifts’ that management gives itself as are the workers. I’m not sure what can be done about it, especially when Uncle intrudes into the market’s natural cure for waste and excess by injecting taxpayer’s money to support the foolishness.
MT: There is the inherent problem with greed that seems to creep in regardless of controls
NS: I’m of the Gordon Gecko school, “greed is good.” It’s just a pejorative term for ‘ambition.’ I suspect the fault lies with the ‘controllers’ rather than the ‘controls.’ Why fault the laws, if the police don’t fairly enforce the ones we already have. ‘Greed’ is like the fire (burning often over 500 degrees F) I have in my living room. It requires the application of firm limits, not a smaller flame to heat my home.
MT: But as our older age continues approaching, so does our realization that our past accomplishments are only that – accomplishments that have passed. It is the present which has been either missed or avoided my so many, often finding a refuge in work for a future rather than in enjoying now while it is available.
NS: Every choice we make cancels most of the alternatives. Only children plan on being President and a fireman all at the same time. For some, the stimulation of a career offers the greater allure, especially when young. Others, choose family first, and wonder at what they might have accomplished in a career. Alternative desires must pay the price with latter regrets. I can’t see how it can ever be prevented(?).
MT: When you write: ‘Capital’ does not deal in consumption, does not allow for the fact that capital is the reason consumption occurs. Without capital, no consumption.
Ns: I don’t disagree that the two are connected. I am claiming that there are differing perspectives given over to: ‘money for personal expenses,’ and ‘money as a tool.’ Yes, billions are “excessive” in light of the former, but no amount is excessive in light of the latter. It would be like saying that a giant steam shovel is excessive when anyone should be able to feed themselves with a spoon.
MT: Money (capital) must move or else it will become stagnant... not gaining in value.
NS: With inflation and taxes, like rust never sleeping; capital must run just to stay even.
MT: The good capitalist enterprises ruthlessly competes for our wants to create more money to create more wants to make more money to create more wants.... ad infinitum, or so the wanting capitalist hopes. Are we in any agreement here, amigo?
NS: Are your wants in someone else’s hands? Socrates claimed he felt rich whenever he visited the market -- there were so many things offered that he felt no need for. I never blame a salesman for trying to encourage a sale. Even the serpent in the garden of Eden was just doing his job. If the purchase was ill considered, blame the individual whose job it was to give consideration to making it. That was his job, and he should have been doing it; not blaming others for not doing his job along with theirs.
MT: Now that I've offered some of what I think, does that gain any credibility with you?
NS: You are ever credible with me, Cecil. Please take no offense, as none was intended. I just felt my expressive efforts were inadequate to the task. Not to sell you on ‘my’ pov, but to clearly present a capitalist pov for your inspection, and refutation (if required). I’ve no doubt that capitalism can be faulted with sound reason, as can any ism.
Cripes, this is getting way toooo long; apologies. I'll give you a "Crazy Cloud" quote next time. I best bail. Bye.