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To: coconutt2000
"Greed most definitely had something to do with it"

You should stop using this word or define it.

People are appalled by gouging. But what's gouging? Nobody has ever defined it yet. It was not Goldman Sachs who was flipping condos in FLorida and Nevada. So, whose greed we are talking about?

In the dotcom era, wasn't it Joes and Jills who were playing the market while at work, buying and selling within a couple of hours? Then too, after the bubble burst, people were pointing at greedy corporations. Nonsense: most corporation are owned by millions of people that are retired or save for retirement.

Don't fall for this form of class warfare.

12 posted on 08/10/2009 8:36:53 PM PDT by TopQuark
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To: TopQuark

Greed is part of the human condition. As Sowell points out, it is like gravity. It is present in all business transactions, be it bad or good, it is there.

Plus, your post made very little sense as a response to my post.


17 posted on 08/10/2009 9:02:52 PM PDT by coconutt2000 (NO MORE PEACE FOR OIL!!! DOWN WITH TYRANTS, TERRORISTS, AND TIMIDCRATS!!!! (3-T's For World Peace))
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To: TopQuark
You should stop using this word (greed) or define it.

Greed is not wanting to keep what you’ve earned. Greed is wanting something that somebody else earned.

We should quit thinking of capital and labor as somehow antithetical and competitive with one another and understand they are perfectly complimentary.

36 posted on 08/18/2009 12:29:09 PM PDT by MosesKnows (Love many, Trust few, and always paddle your own canoe)
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