> Les Cargill cfl.rr.com> wrote:

>>
>> Because of having my observations biased ( by working for three European
>> companies and then a Canadian firm ), I suspect there's simply a delay.
>>
>> It would be nice if I were wrong. I fear the Euro is as much a fashion
>> statement as anything else. If the Europeans can jigger ... *gulp*
>> infusions of cash to manage unfunded mandates, then we'll all get to see
>> how that works, including the Chinese and Americans.
>>
>> We'll see. The European tactics look very good right now.
>>

> Canada's situation is far better than it was in 1982 or 1991 when those US
> recessions dragged us in. We avoided the 2001 US recession totally.
>
> The petro-loonie and the Pacific rim have helped, but what we really need
> to
> do is diversify more than now. Our connections with the USA represent ...

>
> "John Galt" bluebottle.com> wrote in message
> news:axxHj.28278$Uf4.8322@en-nntp-08.dc1.easynews.com...

>> John Galt:
>> "Jerry Kraus" yahoo.com> wrote in message
>> news:a2b78e90-cd19-439f-8eb9-e2a5c26cce44@b1g2000hsg.googlegroups.com...
>> On Mar 29, 2:33 pm, "John Galt" bluebottle.com> wrote:

>>> John Galt:"Jerry Kraus" yahoo.com> wrote in message

>>
>>

>>> I suspect you're using a novel definition of the word.
>>>

>>
>> Capitalism is a desire to accumulate Capital. Where do you think the
>> word comes from? That is the same as Greed. A Capitalist is Greed-
>> driven, insofar as he/she is a Capitalist. It's really not very
>> complex. Bill Gates is a Capitalist. Warren Buffet is a Capitalist.
>> Richard Cheney is a Capitalist. ...

>>
>> as the economy grows, it needs more money to function.

>
> And it will be produced by the market, it is called earnings....
>
> There are no earnings when the government prints money. The money tree in
> Ottawa and DC produce no wealth. Productivity does.
>

> On Mar 29, 1:59 pm, "Canuck57" unixhome.net> wrote:

>> tcq.net> wrote in message
>>
>> news:3a0e3782-57a1-4f7d-b63b-57e87a3dfbf5@8g2000hsu.googlegroups.com...
>>
>>
>>

>>> On Mar 29, 8:49 am, "Econotron" hotmail.com> wrote:

>>>> "anon" privacy.net> wrote in
>>>> messagenews:1PhHj.50$ta2.10@trndny05...

>>

>>>> I may offer an alternative here.
>>>> 1. The market sets interest rate.
>>>> 2. No reserve requirements. Deposit insurance is voluntary.
>>>> 3. No oversight (well, may be very limited).
>>>> 4. No lender of last resort (bankruptcy, as Andy pointed out).
>>>> 5. Fed chairman can lecture, but should be required to wear an orange ...

>
> "Canuck57" unixhome.net> wrote in message
> news:XRzHj.5182$rd2.778@pd7urf3no...

>>>
>>> as the economy grows, it needs more money to function.

>>
>> And it will be produced by the market, it is called earnings....
>>
>> There are no earnings when the government prints money. The money tree
>> in Ottawa and DC produce no wealth. Productivity does.
>>

>
> printing of money is a legitimate function of the government to fulfill
> demand for money.
>

>

> Jerry Kraus wrote:

>> On Mar 29, 2:07 pm, "Canuck57" unixhome.net> wrote:

>

>>
>> In any case, Greed -- and that is all libertarianism is, Greed as a
>> God -- doesn't work...

> On Mar 29, 2:57 pm, forbisga...@msn.com wrote:

>> On Mar 29, 12:46 pm, Jerry Kraus yahoo.com> wrote:

>
>
>
>

>> Capital is a necessary part of progress. A hamer is capital.
>> If you use a hammer to build something you are using capital.
>> Capital makes labor more efficient. There's nothing wrong with
>> being a capitalist only with being greedy.

>
> A hammer isn't Capital. A hammer is just a tool.

> It can be provided
> free of charge.

> On Mar 29, 3:20 pm, forbisga...@msn.com wrote:

>> On Mar 29, 1:03 pm, Jerry Kraus yahoo.com> wrote:
>>

>>> On Mar 29, 2:57 pm, forbisga...@msn.com wrote:

>>

>>>> On Mar 29, 12:46...

> John Galt bluebottle.com> wrote:

>> More corrupt than Libertarian. Libertarian economics doesn't necessariy
>> assume that the markets will behave well all the time -- in fact, they
>> assume just the opposite. What they do assert is that although the
>> governement is quite able to fix the markets when they distort, the
>> goverment will fail to do so by (most of the time) choosing the wrong "fix."
>>

> There's a TV show called "Jericho", about a massive nuking of the USA and
> such.
>
> It was cancelled by NBC, but revived due to fan support.
>
> The most facinating discussions I read about the show were in Libertarian and
> Survivalist news groups!
>
> It hit a home run!

> On Mar 29, 2:33 pm, "John Galt" bluebottle.com> wrote:

>> John Galt:"Jerry Kraus" yahoo.com> wrote in message

>
>

>> I suspect you're using a novel definition of the word.
>>

>
> Capitalism is a desire to accumulate Capital.

> Where do you think the
> word comes from? That is the same as Greed. A Capitalist is Greed-
> driven, insofar as he/she is a Capitalist.