Did the Precious make Golem a "winner"? Who possessed who?
Posted on 12/15/2009 7:13:40 AM PST by FromLori
>>Truth is....I have lost intrest in your posts.....next
>>time try to stay on task...we were discussing gold.....remember?
So that’s a “No” - you’re NOT gonna use your Goooold to pay for your own Darwin Award.
Thanks for clearing that up.
How much Gold can one of those Electric Wall Mart carts carry anyhoo?
all over....
Translation: “no, I won't use my Goooold to pay for my own Darwin Award because, at heart, I'm a socialist parasite and will leach off healthy folks who weren't as stupid as I was”.
>>......................................
You really like that “.” don't ya?
Practicin’ wheezing between syllables; or does it just get stuck when the Liquor makes you fall asleep on the keyboard?
Rudy was wise...
I think the nicety of that distinction would escape the seller. The playing field has to be somewhat equal for fairness to be applied. Where one side has the thumb on the other sides' throat, fairness goes out the window.
“Ba’al being a Hebrew word meaning lord, owner, master, possessor”
At least in order to get gold one has to buy it or find it up. Our real Lords and Masters, meanwhile, are ruining the world on a pile of PAPER, which is significantly easier to produce.
“It sure as hell isn’t in the commodity accounts of Quisling goldbugs who’ve DEBAUCHED this Nation’s moral framework along with its currency...
‘Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency...’”
I cannot fathom how anyone can straight-facedly argue that gold is what’s debauched our currency. Ever heard of paper?
“I think the nicety of that distinction would escape the seller”
Unless he uses violence or fraud, it matters not what the seller distinguishes about the larger implications of what he does. As Adam Smith pointed out, by seeking their own self-satisfaction, people are forced almost against their will by the Invisible Hand to benefit the lives of others.
It’s a crude formulation of the situation, and the seller could be the odd guy that likes hurting people. But I think it holds. He will charge a higher price in bad times, and that (along with other suppliers following suit) will help all the starving men, not juts the individual he’s selling to.
“The playing field has to be somewhat equal for fairness to be applied.”
No, it doesn’t. Or at least not for the sort of fairness I’m interested in. You can give labor unions all the benefit of the law you want (as we do), and call it “fair”. But it’s not fair. Not to the laborers who aren’t lucky enough to be in the union. In the same sense, you can force the seller to be more “fair” to the starving man and not get the best deal out of him possible. But it’s not fair to the other starving men. Their demad ought to drive the price up, as is only natural.
Again, it’s the situation that’s to blame, not the seller. If you step in and make life better for the starving man, you help that individual, but you don’t make the situation any better. Tough luck, I say, because economics is not about this or that individual. It’s about the system produced by millions of actions by individuals.
“Where one side has the thumb on the other sides’ throat, fairness goes out the window.”
Try not to look at it as the seller’s thumb. It’s nature’s thumb, or chance’s thumb, or whatever. I, for one, will never understand this characterization of bad situations as the time to throw away normal economic principles. If anything, it is ever MORE important to stick to free trade when times are bad.
For recognizing the situation as unfortunate does nothing to change the way the market best operates. There’s a reason economics is called “the dismal science”. Being dismal doesn’t mean it’s not “fair”. It’s infinitely fair, so long as one recongizes fairness doesn’t imply everyone’s happy, with sunshine, lollipops, rainbows, and all that.
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