To: cripplecreek
"We will instead let the laws of economics rob them of 10 times as much, and moralize it as virtue".
When is anyone going to learn the first principle of economics, that you do not benefit by beggaring your neighbor, but do benefit by his doing well?
16 posted on
09/26/2008 2:56:02 PM PDT by
JasonC
To: JasonC
you do not benefit by beggaring your neighbor, but do benefit by his doing well?
You tell me. I bought and paid for a house I could afford. The guy who "owns" the house next door and two others now finds that what he really owns is nearly a million dollars worth of debt.
Who is the sucessfull one here? Me with no debt or the guy with a huge debt?
31 posted on
09/26/2008 3:18:59 PM PDT by
cripplecreek
(Paying taxes for bank bailouts is apparently the patriotic thing to do. [/sarc])
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