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Investments > Investing Science > Re: Friedman's ...
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Re: Friedman's Folly

by orangatang1@[EMAIL PROTECTED] May 17, 2008 at 07:02 AM

On 17 May, 04:10, Vide...@[EMAIL PROTECTED]
 wrote:
> On May 16, 8:14 pm, orangata...@[EMAIL PROTECTED]
 wrote:
>
>
>
>
>
> > On 16 May, 00:28, Vide...@[EMAIL PROTECTED]
 wrote:
>
> > > On May 15, 6:12 pm, Les Cargill <lcarg...@[EMAIL PROTECTED]
> wrote:
>
> > > > Vide...@[EMAIL PROTECTED]
 wrote:
> > > > > On May 15, 1:09 am, orangata...@[EMAIL PROTECTED]
 wrote:
> > > > <snip>
>
> > > > > =A0machavillion freedom. freedom to do what, to whom, for what?
yo=
u are
> > > > > a indoctrinated fool.
>
> > > > You've shown repeatedly that you don't understand either of
> > > > Machiavelli nor Friedman.
>
> > > =A0sure i do. its you that is the chanter. so, if freidman says all
> > > information is perfect, markets are perfect, and all persons
involved
>
> > this is just rubbish. information does not have to be perfect for
> > trade to be free.
>
> =A0of course its rubbish. thank you. then if you are dealing with a
> cheat and a liar, you are free to be fleeced, or is there a way to get
> recourse once you discover you have been cheated?
>
> all that is required is for someone to want =A0to sell
>
> > something and someone else to want to buy it. perfect information is
> > not necessary.
>
> =A0of course that is what is really meant by free markets, free to be
> fleeced, lied to, and cheated.
>


if you feel you have been cheated then don't do business with the
person who cheated you again. tell me how socialism prevents people
from cheating you.


> > > in a transaction are rational, and have correct, perfect
information.
> > > that is a straight shooter, who does not practice double speak. or,
he=

> > > was a idiot, possibly insane not to understand his fellow human
being,=

> > > and completely ignorant of history. which was he?
> > > =A0all fascism is, is libertarianism in decay.
>
> > wrong. fascism requires a strong central government. libertarians want
> > the state to be a small as possible.
>

as you changed the subject i take concede this point and will stop
arguing that libertarianism leads to fascism. i will try to answer the
points you made.

> =A0ROTFLOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! everywhere
> libertarianism is even partially tried, unemployment sky rockets,


unemployment was lower when america had fewer trade restrictions and
lower taxes.


> indebtedness soars, the wealth gap explodes, economic debacles are


indebtedness is caused by lax lending policies of banks. full reserve
banking would slove this quickly.


> everywhere. and at the same time jails bulge with the losers, and a
> police state rises. see thatchers u.k., pinochets chile, the u.s.a.


a police state is inconsistent with libertarianism. with fewer laws
and a smaller government there is less requirement for law
enforcement.


> the last 30 years. on top of that, the free market, self reliant, self
> responsible, rugged individual, born with a silver spoon in their
> mouths as they pull themselves up by their own bootstraps with tax
> payer dollars warriors come with their hands out for a bailout every
> time. see 1929, 1987, 1998 or9, 2001, 2007-08, and counting.
>


libertarians do not agree with tax payer bailouts.


> =A0it is socialists, like you, who
>
> > want a strong government.
>
> =A0you mean the founding fathers, and the amendments that were made to
> the constitution in the early years of america. the amendments were
> made close to the period of the founding of this country. libertarians
> are handmaidens to the fascists. fascism is simply libertarians in
> decay.


"In the United States, libertarianism is claimed to be the philosophy
advocated by Thomas Jefferson and several of the Founding Fathers."

http://en.wikipedia.org/wiki/Libertarian

a good article btw. perhaps you should read it.

>
> =A0in fact it is socialism that requires a
>
> > strong state.
>
> =A0you do not even understand what you are talking about.
> =A0what is the definition of a crank? one who gives out advise that
> makes no sense at all.
> =A0what is the definition of a crank? one who accepts, or embraces
> advise that makes no sense at all.
>
> =A0a small state is not capable of taking a large fraction
>
> > of everone's income by force (this is called 'tax').
>
> =A0yep, its working in somalia.
>
> > every regulation imposed by government restricts freedom.
>
> =A0fredom to steal you mean.
>
> =A0clearly some
>
> > regulations are necessary,
>
> =A0then its not a free market.
>
> =A0but libertarians want as few restrictions
>
> > on their personal freedom as possible.
>
> =A0our jails and mental institutions are full of people who will agree
> with you.
>
> =A0this includes being free to
>
> > earn their own money and spend their own money.
>
> =A0its not your money. its the governments money. you get to use it on
> their conditions.
>
> =A0socialists (like you)
>
> > want the state to forcably take other people's money and spend it.
> > thus transfering power from the individual to the state.
>
> definition of a cult:Confusing Doctrine Encouraging blind acceptance
> and rejection of logic through complex lectures on an incomprehensible
> doctrine, Chanting and Singing Eliminating non-cult ideas through
> group repetition of mind-narrowing chants or phrases- Hide quoted text -
>
> - Show quoted text -
 




 1 Posts in Topic:
Re: Friedman's Folly
orangatang1@[EMAIL PROTEC  2008-05-17 07:02:06 

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tan12V112 Sun Nov 23 4:21:56 CST 2008.