Hi y'all - we have no absolutes in the market or anywhere else. I have much experience with the market, and I believe, a good understanding of what would happen without the regulations that we do have. Free trade has not caused our present situation. Indeed, if we had free trade and brokers were liable for their bad moves, instead of being able to sell their lousy loans to the Govt. willy nillly, we (I) wouldn't be suffering now. I've lived through it before in 1987. I get the impression that you seek nirvana or perfection. That is not going to happen - I use what we have to best advantage and I find it better than most alternatives.
On Oct 8, 4:52 pm, ornamentalmind <[EMAIL PROTECTED]> wrote: > “I generally like to believe in an unfettered free market system. > Having said that we have rules and regulations in place for trading in > shares/commodities/foreign exchange which I believe are adequate if > properly enforced.” – clog > > Oh, yes clog! Many people like to believe in it (an unfettered free > market system)…along with other mythologies. > Case in point, you follow you preference of said belief with > qualifiers. Thus, denuding the adjective > ‘unfettered’. Then you follow this with another fantasy of ‘adequate > if properly enforced’. > > I don’t mean to be too harsh with you clog, you seem like a likable > enough person and I appreciate your views, it’s just that all of the > above equates to unprocessed thinking in my book. > > Hehe, ‘start in the middle and move about a bit.’!!! Well, yes, you > say ‘waffling’ and I say ambivalence. In such situations, a preferable > statement would be “I have no idea.”, no? :-) > > Having said this, I’ll jump into the fray and suggest that such > ‘rules’ and ‘good thoughts’, as common as the memes are, have precious > little to do with the full impact and truth of reality. > > On Oct 8, 2:39 pm, Clogtowner <[EMAIL PROTECTED]> wrote: > > > > > Hi y'all - I generally like to believe in an unfettered free market > > system. Having said that we have rules and regulations in place for > > trading in shares/commodities/foreign exchange which I believe are > > adequate if properly enforced. For example, if I sell a stock and use > > the money immediately to buy another stock, I am using unsettled funds > > and I am unable to sell that stock until settlement. This is one of > > many good rules which go some way to preventing fraud (of course the > > system is not perfect and there is always fraud.) > > Where do I draw the line? I could write an essay on this one. It is > > somewhere between a socialist state and an unregulated free market > > economy. It would define the rights of man without infringing on his > > freedom. It would start with "do no harm" and end with "for the > > greater good" taking into account both, but relying solely on neither. > > I've started waffling. I don't know where to draw the bloody line but > > I'd start in the middle and move it about a bit. > > > On Oct 8, 2:23 pm, ornamentalmind <[EMAIL PROTECTED]> wrote: > > > > Clog, two questions: > > > > 1. Do you believe in a free and unfettered free market system? > > > > 2. Where do you draw the line? > > > > On Oct 8, 8:52 am, Clogtowner <[EMAIL PROTECTED]> wrote: > > > > > Hi y'all - yes I agree with Taylor. Especially quoting from Orn "Not > > > > everyone is open to supporting the common good." I would doubt that > > > > anyone here would not support the common good, but we have differing > > > > views on how to do it. I believe in a free enterprize, free market > > > > system. I saw the results of an excessive welfare state when I was > > > > younger, Having said that, I don't consider myself a right wing > > > > fanatic - there is a line to draw and I hope it wouldn't be too far > > > > from Orn's. > > > > > On Oct 8, 10:26 am, Taylor <[EMAIL PROTECTED]> wrote: > > > > > > <<Clearly some have vested interests and/or ideological beliefs > > > > > against some of them. That is why I said "...most of us.." meaning the > > > > > majority in the USA. Not everyone is open to supporting the common > > > > > good. >> > > > > > > Interesting that you seem to imply that those who disagree with you > > > > > have a character flaw.- Hide quoted text - > > > > > - Show quoted text -- Hide quoted text - > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Memphis Freethought Alliance" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/memphisfreethoughtalliance?hl=en -~----------~----~----~----~------~----~------~--~---
