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Hello Yuki,
I'm glad you thought to take exception to my off handed comments. It
generated a lot of thoughts on this thread.
As far as my politics and religion are concerned, I am happy to share
my thoughts. I am a religious liberal and a political centrist.
Neither left, right, top , nor bottom. I believe that everyone with
a sound argument is right, even when they are in direct opposition
with another person's sound argument. There is little black and
white in this world. Most are shades of gray and what is right
depends on the particular time and situation. Good advice for stock
traders too.
As far as free markets are concerned vs government interference, I am
for the maximum amount of freedom that is practical. I believe the
role of the government should be to encourage entrepreneurship and
competition, while ensuring a level playing field. The government
should only get directly involved in sponsoring things that are in
the public's best and long term interest. Things that the private
sector will not tackle do due to the scale of the project or the lack
of profit motive. Many things fall into this category, but not as
many as the government tries to control now.
Instead of our recent governments focus on 4 year election cycles, it
should focus on making the WORLD healthy and prosperous 100 years
out. However, I also believe that people get the government they
deserve (in a democracy). If the average individual is voting for
movie stars instead of statesmen, then they will get bedtime stories
and special interests controlling the government instead of real
progress. Most voters base their choice on a single point of selfish
interest!
I am well aware of the shortcomings of the average person to be
fearful of not getting all that is possible (greed), or fearful of
losing what they have. It is all just a big game with a set of
agreed rules. However, we do need a referee to call foul and make
sure the rules are followed, or we will end up settling our
differences in most unpleasant ways.
Peace to you,
Dennis
On Jan 22, 2008, at 5:34 PM, Yuki Taga wrote:
> Hi Dennis,
>
> Think about what you said compared to the reality of the situation.
> Nearly unregulated free-market capitalism (as in CDOs, SIVs, et al)
> just about brought down the house.
>
> It's a funny cognitive dissonance. Ultra-right religious
> conservatives (not saying you are one), who are often also pure
> laissez faire market people (ditto), accept the negatives of human
> nature as inevitable when it comes to moral issues. But somehow,
> this same negative human nature is presumed, one would apparently
> suppose, to just vanish once human beings step forth into the holy
> cathedral of completely unregulated capitalism. "Let the markets run
> themselves completely," they say. But every time they get their way,
> they or the markets just about run the truck into a ditch.
>
> There. If you start a thread with serious potential for *conflict*,
> Dennis, load the wagons! ^_-
>
> Yuki
>
> P.S. Given the non-zero sum nature of equity markets, and their
> size, it's probably not a bad idea to do something in an attempt to
> stop potentially trillions upon trillions of dollars from simply
> being panicked out of existence. Money is simply uncreated, to use a
> rather ugly phrase, for the most part. That was allowed to happen in
> the early 1930s, with pretty sad consequences.
>
> Wednesday, January 23, 2008, 12:38:32 AM, you wrote:
>
> DB> Hello Tomasz,
>
> DB> There are many of us in this country (USA) that want to see the
> DB> markets take care of themselves. Unfortunately not enough are
> aware
> DB> of the issues involved and there is only one person running for
> DB> President that has that goal --Ron Paul.
>
> DB> It may take a complete financial disaster before everyone wakes up
> DB> and realizes that centralized control does not work well. No
> small
> DB> committee can understand all the factors involved in an
> economy. If
> DB> they could, then it follows that a small number of people (or an
> DB> individual) could know enough to make a quick fortune in
> fundamental
> DB> investing. And we know how hard that is to achieve!
>
> DB> Best regards,
> DB> Dennis
>
> DB> On Jan 22, 2008, at 10:23 AM, Tomasz Janeczko wrote:
>
>>> Hello,
>>>
>>> So helicopter Ben is in full panic mode now :-)
>>>
>>> It is pretty amazing and funny to see how this "free economy" is
>>> hand-operated :-)
>>>
>>> Best regards,
>>> Tomasz Janeczko
>>> amibroker.com
>>>
>>>
>>>
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>
>
>
> Please note that this group is for discussion between users only.
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> To get support from AmiBroker please send an e-mail directly to
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>
> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
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>
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