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Old 09-19-2009   #208 (permalink)
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lawcat
Understanding


 



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Re: Economics business.The Sub-prime Crisis. How bad is it?

Quote:
Originally Posted by LaurieAG View Post
Is 'government of the people, by the people, for the people' a bit passe in the modern world, it certainly seems so for our neo politicians.
Therein lies the trick. What does government "by the people" mean? What does "government for the people" mean?

Are there any benefits in globalism? Are there any costs? What are the risks? How does the government benefit from globalism? How do people beneift? What "government by the people" benefits?

There are too many judgment calls to find an answer, but if someone can derive a singular, reasoned, and ultimately convincing conclusion I would love to read it.

In the end it all goes to the question of profits: How much appetite for profit do we have considering the risks? And these are discretionary decisions.
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