Ronn! Blankenship said the following on 11/1/2008 12:24 AM:
> At 11:05 AM Friday 10/31/2008, John Williams wrote:
>> Lance A. Brown <[EMAIL PROTECTED]>
>>> Instead, we are faced with actors who will collude with each other to
>>> manipulate markets, subvert systems, and for the short term gain wit
At 11:05 AM Friday 10/31/2008, John Williams wrote:
>Lance A. Brown <[EMAIL PROTECTED]>
>
>
> > John Williams wrote:
> > > there will be decisions made by people, and people do make mistakes.
>
> > You are assuming everyone is a rational actor.
>
>By no means is everyone a rational actor. People ma
As the trick-or-treater came by tonight, I found myself tonight remembering
going to the Isaly's house on Halloween and getting Klondike bars with
pumpkin pie flavored centers... Mmmm. The Isaly's company invented the
Klondike bar... and at Christmas, we'd go caroling and they'd give us
Klondikes
Wayne Eddy <[EMAIL PROTECTED]>
> What about a system made up of a number of member states with various
> constitutions, with a higher federal level above consisting of a
> representative from each of the 13 member states.
Nice start, but why only 13 member states? :-)
> The federal level wou
- Original Message -
From: "John Williams" <[EMAIL PROTECTED]>
To: "Killer Bs (David Brin et al) Discussion"
Sent: Saturday, November 01, 2008 8:03 AM
Subject: Re: Democracy (was Health Care / The same damn topic all f-ing
week!~)
> Wayne Eddy <[EMAIL PROTECTED]>
>
>
>> How does the "s
Wayne Eddy <[EMAIL PROTECTED]>
> How does the "smaller & cheaper" political system work?
Badly, but less so.
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> Has anyone got any suggestions
> for a better political system?
Benevolent fascism?~)
Jon
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- Original Message -
From: "John Williams" <[EMAIL PROTECTED]>
To: "Killer Bs (David Brin et al) Discussion"
Sent: Saturday, November 01, 2008 7:07 AM
Subject: Re: Democracy (was Health Care / The same damn topic all f-ing
week!~)
> Wayne Eddy <[EMAIL PROTECTED]>
>
>
>> Has anyone got
Wayne Eddy <[EMAIL PROTECTED]>
> Has anyone got any suggestions for a better political system?
Smaller and cheaper.
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On Oct 31, 2008, at 3:50 PM, Wayne Eddy wrote:
> Has anyone got any suggestions for a better political system?
Replace our election system with a lottery, and just draft our leaders?
Not sure that wouldn't be better, given the notably dodgy integrity of
our current (pre- and post-HAVA) electio
- Original Message -
From: "John Williams" <[EMAIL PROTECTED]>
To: "Killer Bs (David Brin et al) Discussion"
Sent: Saturday, November 01, 2008 4:06 AM
Subject: Re: Health Care (the same damn topic all f-ing week!~)
> Bruce Bostwick <[EMAIL PROTECTED]>
>
>
>> I dropped out of most of th
http://www.forbes.com/opinions/2008/10/30/obama-drug-medicine-oped-cx_ch_1031hooper.html
Obama And The 'Drug Killer'
Charles Hooper 10.31.08, 12:00 AM ET
One of the unpleasant things I do as a consultant is recommend
that pharmaceutical firms halt the production of uneconomical new
medicines. I
Olin Elliott <[EMAIL PROTECTED]>
> Don Bodreaux wrote:
> >Your equating George W. Bush with FDR is spot-on ("Franklin
> >Delano Bush," October 20). Both presidents recklessly increased
> >government's role in the economy
By the way, I forgot to include a link to the editorial Don was respondi
Nick Arnett <[EMAIL PROTECTED]>
> On Fri, Oct 31, 2008 at 11:53 AM, John Williamswrote:
> > Now you only need to name 521 more people with that
> > kind of spending power to match Congress. If you can do that, then
> > we can talk about hundreds of state legislators and county supervisors.
> At
Nick Arnett <[EMAIL PROTECTED]>
> Companies aren't allowed to spend their revenue??? What do they have to do
> with it, put it under the mattress?
They must use most of it to fund continuing operations which are necessary for
next year's profit.
The only continuing operations of the government
On Fri, Oct 31, 2008 at 11:53 AM, John Williams
<[EMAIL PROTECTED]>wrote:
>
> The Federal budget is not equivalent to corporate revenue. The corporation
> is only free to spend the profits, unless they want to go bankrupt quickly.
>
Companies aren't allowed to spend their revenue??? What do they
>Your equating George W. Bush with FDR is spot-on ("Franklin
>Delano Bush," October 20). Both presidents recklessly increased
>government's role in the economy
This seems to me a pretty silly and a-historical comparison. The problems in
the economy at the moment are not the fault of "recklessl
Nick Arnett <[EMAIL PROTECTED]>
> You want to compare one organization's profits to
> another organization's revenue!!!
The Federal budget is not equivalent to corporate revenue. The corporation
is only free to spend the profits, unless they want to go bankrupt quickly.
And the corporations are s
On Fri, Oct 31, 2008 at 11:26 AM, John Williams
<[EMAIL PROTECTED]>wrote:
> Nick Arnett <[EMAIL PROTECTED]>
>
>
> > You could just as easily say that the CEO of
> > General Motors spends $172 billion all by himself.
>
> That is ridiculous. GM's average annual profit over 1998 to 2004 (about
> a S
Nick Arnett <[EMAIL PROTECTED]>
> You could just as easily say that the CEO of
> General Motors spends $172 billion all by himself.
That is ridiculous. GM's average annual profit over 1998 to 2004 (about
a Senate term) was $3.2 billion (they lost money the past 4 years). There
are 14 people on
On Fri, Oct 31, 2008 at 10:13 AM, John Williams
<[EMAIL PROTECTED]>wrote:
>
> Another example is Congress. It looks likely that the Federal government
> will spend more than $4 trillion this year. That comes to about
> $7,500,000,000.00 per congressperson in one year. And very likely
> about the s
Bruce Bostwick <[EMAIL PROTECTED]>
> I dropped out of most of these when one
> conversation reached the point of suggesting that government
> regulation, and not the 1920's equivalent of particularly clueless day
> traders, caused the Great Depression.
I don't blame you. It can be devastat
Lance A. Brown <[EMAIL PROTECTED]>
> I'm done with this conversation since you ducked my question about what
> should replace government regulation.
I'll answer that if you answer my question:
How can I predict what the stock market will do over the next year?
Bruce Bostwick <[EMAIL PROTECTED]>
> tired of the repetition of one answer to every problem, because some
> things are just not nails.
Government regulations are definitely not nails. Ticking time bombs
would be a better metaphor.
___
http:/
On Oct 31, 2008, at 12:37 PM, Bruce Bostwick wrote:
> On Oct 31, 2008, at 12:20 PM, Lance A. Brown wrote:
>
>> I'm done with this conversation since you ducked my question about
>> what
>> should replace government regulation. If you want to have a
>> conversation about what can/should be used in
On Oct 31, 2008, at 12:20 PM, Lance A. Brown wrote:
> I'm done with this conversation since you ducked my question about
> what
> should replace government regulation. If you want to have a
> conversation about what can/should be used instead of government
> regulation, let's do it. Otherwise
John Williams wrote:
> Lance A. Brown <[EMAIL PROTECTED]>
>
>> What's different between the ability of government actors
>> to make "large" mistakes vs. the ability of private actors to make
>> "large" mistakes?
>
> Government legally requires actors to behave in certain ways. Private
> actors mu
Lance A. Brown <[EMAIL PROTECTED]>
>Scale-wise, it seems to me that there are several
> sets of private actors that can generate errors as large or larger than
> the government can or has.
Another example is Congress. It looks likely that the Federal government
will spend more than $4 trillion t
Lance A. Brown <[EMAIL PROTECTED]>
>Scale-wise, it seems to me that there are several
> sets of private actors that can generate errors as large or larger than
> the government can or has.
What private actor can control $1 trillion dollars in bailouts?
Even on a local level, look at the vast amo
Lance A. Brown <[EMAIL PROTECTED]>
> What's different between the ability of government actors
> to make "large" mistakes vs. the ability of private actors to make
> "large" mistakes?
Government legally requires actors to behave in certain ways. Private
actors must use more subtle means.
> John,
John Williams wrote:
> Lance A. Brown <[EMAIL PROTECTED]>
>
>
>> John Williams wrote:
>>> there will be decisions made by people, and people do make mistakes.
>
>> You are assuming everyone is a rational actor.
>
> By no means is everyone a rational actor. People make mistakes, act
> emotionall
Dear Editor:
Your equating George W. Bush with FDR is spot-on ("Franklin
Delano Bush," October 20). Both presidents recklessly increased
government's role in the economy - a move that proved (in FDR's
case) and will prove (in Bush's case) to do nothing but saturate the
economy with such uncertain
Lance A. Brown <[EMAIL PROTECTED]>
> John Williams wrote:
> > there will be decisions made by people, and people do make mistakes.
> You are assuming everyone is a rational actor.
By no means is everyone a rational actor. People make mistakes, act
emotionally instead of rationally, and generall
John Williams wrote:
> It is obvious that no system is perfect. No matter whether it is a
> centrally controlled system, or a completely decentralized system,
> there will be decisions made by people, and people do make mistakes.
> I'd rather have a fault-tolerant system that tends to evolve toward
Where's My Bailout?
http://www.youtube.com/watch?v=d9nk8XwHbS4
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http://online.wsj.com/article/SB122541582835686689.html
Don't Just Do Something. Stand There.
by Russell Roberts
.
"A recession is coming (or has already arrived) no matter what happens in
Washington. The question is whether the attempt to forestall it is going
to make it worse and turn it
http://www.nytimes.com/2008/10/31/business/31bailout.html?_r=1&oref=slogin
Quotes about some of the pervese incentives the government has created:
"Why am I being punished for having bought a house I could afford? I am
beginning to think I would have rocks in my head if I keep paying my mor
At 06:39 PM Thursday 10/30/2008, John Williams wrote:
>Nick Arnett <[EMAIL PROTECTED]>
>
>
> > Some rules, of course, if the aim is universal health care. That doesn't
> > make the government the provider or administrator of the service.
>
>If all the money has to go through the government, it is
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