MER fined 100million-postage cost last year 349 million

[trdrmac]

Charles Watson takes DYN from 50 to 8 and walks away with a $33,000,000 payday for his failure. Not to mention the $11,000,000 handout he got each year. I'm not sure which pisses me off more, this sort of stealing or someone who pays for their food with foodstamps and then hops in a new vette on the way out of the parking lot.

Capitalism should be the most efficient way to allocate capital, unfortunately we have politicians that are funded by the Watson's of the world and an American public that is so politically correct that real meaningful change seems almost impossible.

Maybe the next time a cashier gives me too much change I'll just keep it, no sense in having integrity if it doesn't pay dividends.

 

[chasinfla]

Originally posted by trdrmac
Charles Watson takes DYN from 50 to 8 and walks away with a $33,000,000 payday for his failure. Not to mention the $11,000,000 handout he got each year. I'm not sure which pisses me off more, this sort of stealing or someone who pays for their food with foodstamps and then hops in a new vette on the way out of the parking lot.

Capitalism should be the most efficient way to allocate capital, unfortunately we have politicians that are funded by the Watson's of the world and an American public that is so politically correct that real meaningful change seems almost impossible.

Maybe the next time a cashier gives me too much change I'll just keep it, no sense in having integrity if it doesn't pay dividends.

what's the market on a clear conscience?

"A good man leaves an inheritance to his children's children, and the wealth of the sinner is stored up for the righteous." - Proverbs 13:22

 

[trdrmac]

Originally posted by chasinfla



what's the market on a clear conscience?

I will give you a serious answer to what I suspect is a facetious question. Wealth will always be concentrated in a few hands, that of the lucky, smart, creative, hard working, and dishonest. And wealth will flow from bucket to bucket as cycles change. Personally, my net worth was higher 99 than it was in 95, but less now than 99. Why, cause I was a piggy who waddled up to the trough one too many times. So the money went somewhere to someone luckier, smarter, more creative or hard working than I. That is what capitalism is all about.

But for markets to exist and our system to continue to generate opportunity for wealth people need to know that what they are paying for is what they are getting. This goes for the small plumbing company, they lady who runs an accounting firm, and the big wig ceo. If people stop getting what they pay for they will stop buying and investing. If everyone ceases to invest capital then the markets dry up and we end up just existing like citizens in every country worldwide with dishonest leadership.

If DYN went the way of ENE or GX, or KM then there are little business people who will go out of business because of unpaid receivables. That means that the guy with the 80 IQ who busts his ass stocking shelves at K-MART is now unemployed. Now the economy is in a downturn and he can't find work. So he steals a loaf of bread and some peanut butter to get by. He gets 2 years for being a product of a management team that failed and stole money from the company owners (shareholders) who go to their million dollar houses and bitch about the rate of crime.

So the market value of a clear conscience is a system that creates opportunity, encourages work, and provides the unbeatable lifestyle that 95% of Americans enjoy. Look no farther than Mexico to see what years of corrupt politicians and power unfairly maintained by a few can do to a country. And wait until the Canadians put up fences when the ambitious Americans try to sneak across the border to find a better life.

(Tongue and Cheek and slippery Slope Added for effect )

 

[chasinfla]

Originally posted by trdrmac

Originally posted by chasinfla



what's the market on a clear conscience?

I will give you a serious answer to what I suspect is a facetious question. Wealth will always be concentrated in a few hands, that of the lucky, smart, creative, hard working, and dishonest. And wealth will flow from bucket to bucket as cycles change. Personally, my net worth was higher 99 than it was in 95, but less now than 99. Why, cause I was a piggy who waddled up to the trough one too many times. So the money went somewhere to someone luckier, smarter, more creative or hard working than I. That is what capitalism is all about.

But for markets to exist and our system to continue to generate opportunity for wealth people need to know that what they are paying for is what they are getting. This goes for the small plumbing company, they lady who runs an accounting firm, and the big wig ceo. If people stop getting what they pay for they will stop buying and investing. If everyone ceases to invest capital then the markets dry up and we end up just existing like citizens in every country worldwide with dishonest leadership.

If DYN went the way of ENE or GX, or KM then there are little business people who will go out of business because of unpaid receivables. That means that the guy with the 80 IQ who busts his ass stocking shelves at K-MART is now unemployed. Now the economy is in a downturn and he can't find work. So he steals a loaf of bread and some peanut butter to get by. He gets 2 years for being a product of a management team that failed and stole money from the company owners (shareholders) who go to their million dollar houses and bitch about the rate of crime.

So the market value of a clear conscience is a system that creates opportunity, encourages work, and provides the unbeatable lifestyle that 95% of Americans enjoy. Look no farther than Mexico to see what years of corrupt politicians and power unfairly maintained by a few can do to a country. And wait until the Canadians put up fences when the ambitious Americans try to sneak across the border to find a better life.

(Tongue and Cheek and slippery Slope Added for effect )

i meant that no amount of money will buy a clear conscience and it is worth more than all the goods in the world so it's a bad trade to sell.

High IQ people are subject to time, chance, business cycles, other peoples misdealings or mistakes, etc.etc.etc. No one will force anyone to steal a loaf of bread, until the time when it becomes illegal 'to buy or sell without the mark.' But then it would 'be better to obey God rather than man.'

I have long since stopped selling short the initiative and comeback ability of a free people.

 

[daniel_m]

Originally posted by trdrmac

Originally posted by chasinfla




So the market value of a clear conscience is a system that creates opportunity, encourages work, and provides the unbeatable lifestyle that 95% of Americans enjoy. Look no farther than Mexico to see what years of corrupt politicians and power unfairly maintained by a few can do to a country. And wait until the Canadians put up fences when the ambitious Americans try to sneak across the border to find a better life.

Right. Along with keeping our institutions (especially schools) secular, the prevalence of the rule of law is essential for a western democracy to survive (and thrive).

 

[daniel_m]

Originally posted by chasinfla


But then it would 'be better to obey God rather than man.'

Chas is it really necessary to bring god into it on every second post??

The beauty of democracy is that it isn't reliant on any god figure for its success. In fact, I would say that it succeeded in spite of him.

 

[chasinfla]

Originally posted by daniel_m


Chas is it really necessary to bring god into it on every second post??

The beauty of democracy is that it isn't reliant on any god figure for its success. In fact, I would say that it succeeded in spite of him.

That's probably a rhetorical question but may I answer it anyway? And please don't think I'm being sharp, I can't think of a better way to say it just now.

I think you have an obvious prejudice. thank you for allowing me, in your concept of a democracy, to post according to the dictates of my conscience. Anything less would be a double standard, and that wouldn't be democratic, would it? Have I asked you why you <i>don't</i> 'include God in every second post'?

My friend, I beg to differ with you on two points. First, if you are referring to the American system of government, it is not a 'democracy,' it is a Constitutional Republic based on elected representation and self-government. Second, the number of people who are smarter than you and certainly smarter than I am who attribute every success any people has ever known to the blessing of God Almighty is exhaustive.

In fact, if one is faithfully logical, he will conclude that the success of a land based on 'self government' is at <i>least</i> directly proportional to the true honor of God -- the Author of natural law -- known by the people. I personally think it is geometrically proportional.

Just my $.02 in response to your questions of me; some might argue that the 'why's' of my post are not relevant to this thread, however, though I am glad to answer.

 

[Rigel]

I think what's important is doing the best with what you have to work with. A slow man who tries to do good but can't is doing way better than a smart man who uses his mind to steal from others. He looks like he's the better man but he isn't really.

 

[daniel_m]

Originally posted by chasinfla

Second, the number of people who are smarter than you and certainly smarter than I am who attribute every success any people has ever known to the blessing of God Almighty is exhaustive.

Couple of things.

1) People "smarter" than me.
Intelligence, in terms of raw, computational brain power, is so overrated it's not funny. Nevertheless, various tests rank me in the top 5-10% of the population, and *I*, for one, attribute more than 50% of the worlds ills (now and in the past) to be a direct result of beliefs in god figures. (guess what, the list of people that agree with *me* is exhaustive too.)


2) There are certain factions that would like to see America become the christian version of Iran. I remain ever vigilant of that threat. But, you seem harmless enough, so I'll let it go. Feel free (as is your perfect right) to post as you like.

 

[chasinfla]

<i>"After 40 years as a pit trader, I've known hundreds of good traders. I believe that the common denominator among successful traders is an athletic background. Knowing how to lose and come back is the most important factor in trading....."</i>

Herny S. Shatkin
Shatkin, Arbor, Karlov, & Co.