>> But the leaders there won't let it happen because of their greed for
>> money. Nice idea, but it discounts basic human nature.

>
> It seems to me that this greed thing is a shared trait among all persons
> in power. That is why a "republican form of government" is best.

> The Trucker wrote:

>>> But the leaders there won't let it happen because of their greed for
>>> money. Nice idea, but it discounts basic human nature.

>>
>> It seems to me that this greed thing is a shared trait among all persons
>> in power. That is why a "republican form of government" is best.

> Machiavelli said that republics _always_ get corrupted by the rich. He
> therefore admire monarchies, which were like a family business. The
> monarch took a longer view than the republic because he wanted to hand
> the family business down later to his heirs.

> The Trucker wrote:

>>> But the leaders there won't let it happen because of their greed for
>>> money. Nice idea, but it discounts basic human nature.

>

>> It seems to me that this greed thing is a shared trait among all persons
>> in power.  That is why a "republican form of government" is best.

>
> Machiavelli said that republics _always_ get corrupted by the rich. He
> therefore admire monarchies, which were like a family business. The
> monarch took a longer view than the republic because he wanted to hand
> the family business down later to his heirs.
>
> But he also admired the German city state system in which no matter
> what the local government was, craftsmen could, and did, vote with
> their feet. We see Singapore today do well because of this. They
> understand the professional class can get on a plane any time, so they
> dont bother pandering to the masses. Chavez and Fidel have, and have
> seen professionals leave their economies on that account. Recently
> Rauel has tried to start turning that around. ...

> On Sun, 11 May 2008 09:37:49 -0700, Day Brown wrote:
>

>> The Trucker wrote:

>>>> But the leaders there won't let it happen because of their greed for
>>>> money. Nice idea, but it discounts basic human nature.

>>> It seems to me that this greed thing is a shared trait among all persons
>>> in power. That is why a "republican form of government" is best.

>> Machiavelli said that republics _always_ get corrupted by the rich. He
>> therefore admire monarchies, which were like a family business. The
>> monarch took a longer view than the republic because he wanted to hand
>> the family business down later to his heirs.

>
> Monarchy was quashed by the United States Constitution because the people
> simply would not accept it. Machiavelli may have been absolutely correct
> but if you actually look at the Constitution you will find how the people
> of that time intended to prevent this "corruption by the rich". Please
> assume a House of Representatives in which each thirty thousand people had
> a representative. That would be ten thousand independent votes on every
> piece of legislation. It would, according to most people, be a populist ...

> The Trucker wrote:

>> On Sun, 11 May 2008 09:37:49 -0700, Day Brown wrote:

>

>>> The Trucker wrote:

>>>>> But the leaders there won't let it happen because of their greed for
>>>>> money. Nice idea, but it discounts basic human nature.

>>>> It seems to me that this greed thing is a shared trait among all persons
>>>> in power.  That is why a "republican form of government" is best.

>>> Machiavelli said that republics _always_ get corrupted by the rich. He
>>> therefore admire monarchies, which were like a family business. The
>>> monarch took a longer view than the republic because he wanted to hand
>>> the family business down later to his heirs.

>

>> Monarchy was quashed by the United States Constitution because the people
>> simply would not accept it.  Machiavelli may have been absolutely correct
>> but if you actually look at the Constitution you will find how the people
>> of that time intended to prevent this "corruption by the rich".  Please
>> assume a House of Representatives in which each thirty thousand people had
>> a representative.  That would be ten thousand independent votes on every ...

> The gas problem is really just a an extension of the Generalized
> Investing Problem.
> And the only advice that can really be given to poor investors is:
>
> I) Learn how to invest when you're young, reinforce the lessons,
> and don't forget it.
>
> II) Learn that the only thing saving money will get you is to a
> bank.
> III) Learn that the only thing banks invest in is governments.
> IV) Learn to diversify, divest, modernize, and upgrade your
> Portible Folio;
> or die like an idiot.

> zzbunkerwrote:

>>   The gas problem is really just a an extension of the Generalized
>> Investing Problem.
>>   And the only advice that can really be given to poor investors is:

>

>>    I)   Learn how to invest when you're young, reinforce the lessons,
>> and don't forget it.

>

>>    II)   Learn that the only thing saving money will get you is to a
>> bank.
>>    III)  Learn that the only thing banks invest in is governments.
>>    IV)  Learn to diversify, divest, modernize, and upgrade your
>> Portible Folio;
>>          or die like an idiot.

>
> Much of the information needed you refer to was not available. The board
> members of Enron and Worldcom did not share their plans with the young
> people you have in mind while they were gutting the business.
> ...

> zzbunker wrote:

>> The gas problem is really just a an extension of the Generalized
>> Investing Problem.
>> And the only advice that can really be given to poor investors is:
>>
>> I) Learn how to invest when you're young, reinforce the lessons,
>> and don't forget it.
>>
>> II) Learn that the only thing saving money will get you is to a
>> bank.
>> III) Learn that the only thing banks invest in is governments.
>> IV) Learn to diversify, divest, modernize, and upgrade your
>> Portible Folio;
>> or die like an idiot.

> Much of the information needed you refer to was not available. The board
> members of Enron and Worldcom did not share their plans with the young
> people you have in mind while they were gutting the business.
>
> In an honest system, what you propose works. But we do not have that. ...

> On May 15, 11:27 pm, Day Brown hughes.net> wrote:

>> zzbunkerwrote:

>>> The gas problem is really just a an extension of the Generalized
>>> Investing Problem.
>>> And the only advice that can really be given to poor investors is:
>>> I) Learn how to invest when you're young, reinforce the lessons,
>>> and don't forget it.
>>> II) Learn that the only thing saving money will get you is to a
>>> bank.
>>> III) Learn that the only thing banks invest in is governments.
>>> IV) Learn to diversify, divest, modernize, and upgrade your
>>> Portible Folio;
>>> or die like an idiot.

>> Much of the information needed you refer to was not available. The board
>> members of Enron and Worldcom did not share their plans with the young
>> people you have in mind while they were gutting the business.
>>
>> In an honest system, what you propose works. But we do not have that.

> ...