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Apartment for sale in Campal/Miramar area, Panaji, Goa. Spacious 3 bedroom flat (3BHK)available for sale in upscale area near Miramar beach Contact: [email protected] ------------------------------------------------------------------------ From: Mario Goveia > The economically weakest nations, like Zimbabwe and many other > African nations, many Latin American nations, and Cuba and N. Korea, > are economic basket cases because of their own corruption, > oppression and incompetent internal policies which assume that a small > number of powerful elites know what's good for everyone else, better > than they do. Date: Mon, 17 Aug 2009 23:59:05 -0400 From: "Bosco D'Mello" <[email protected]> #1) What has Zimbabwe, N. Korea, etc have to do with the Pope in this instance? Or even Aiyar-ji for that matter. Mario responds: The clue lies in the last 20 or so words of the excerpt shown above of what I wrote. In my opinion, the Pope was assuming he knew better what was good for everyone else when he made his comments in the encyclical. In economics, he doesn't. On reconsideration, and after much prayer, fasting and abstinence, I see that I should have made the connection more clear. So, you are correct in raising the question because to figure it out on your own would take adding two and two to make the connection:-)). Aiyar-ji, on the other hand, is your obsession. In my original response, which sent you careening into space, where you may still be, I did not even mention him. To see this and avoid "doing a Marlon" in future, please re-read: http://lists.goanet.org/pipermail/goanet-goanet.org/2009-August/181161.html Bosco wrote: #2) I suppose the 'powerful elites' referred to above also include the avaricious pinheads on Wall Street who have sucked trillions of dollars of the tax-payers dollars. Mario responds: No, these avaricious capitalists don't fit into this discussion, because I don't believe they presume to know what's good for everyone else better than they do. On the other hand, the decision to bail them out was pushed by people like Henry Paulson who thought they knew what was good for everyone else, and was an unfortunate decision should have not been made by Bush. It was one of his biggest mistakes. Under free market principles, not to bail them out would have been better for everyone else in the longer run. Other banks and investment banks that were better run would have quickly acquired the ones that could not make it. The owners and managers of the failed banks would have paid a heavy price for their serious mistakes, which is how the free market cleanses itself. Bosco wrote: #3) Weeks later, Aiyar-ji continues to confound Mario-G. Kamaal hai!! Mario observes: False. The real kamaal is Bosco's single-minded obsession with this person, Aiyar-ji, while the discussion has passed him by:-)) Aiyar-ji has never featured in any of my opinions on this subject. The only mention I have made of this person is to point this out when Bosco keeps bringing him up.
