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post #47 of (permalink) Old 04-27-2010, 06:17 PM
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Join Date: Mar 2009
Location: Germany
Age: 31
Posts: 20,524
Re: Credit crisis in Greece, others to follow...?

Originally Posted by prima donna View Post
The motif of proponents of big government seems to be that government has a perpetual duty to interpose itself, whereas the motif of proponents of free enterprise is the vanquishment of any regulatory system. It doesn't take a genius to deduce that a hybrid model of the aforementioned philosophies would suffice.

What's the purpose of engaging one another when the results are predetermined ? If everyone religiously adheres to a certain ideology, is not the very point of discourse undermined ? The notion of a world in which unfettered free markets exist is, well, quixotic. Similarly, the notion of a world in which personal finances and private companies are micromanaged is, well, absurd.

Wall Street is inhabited by wildly intelligent people, yet some are naive enough to regard such individuals as magnanimous and innocuous. Main Street is inhabited by average investors, many of whom enter the market fully aware of the inherent risk involved, yet desirous of wealth. Why should the government reward the cupidity of fools ?

My diatribe has nothing to do with Greece, but I've noticed that each thread pertaining to finance succumbs to a similar fate: simplistic, ideologically based skirmishes.
Excellent post.

Originally Posted by philosophicalarf View Post
Armstrong says in-competition testing will never catch anyone, only out-of-competition testing and the blood passport can.

Tennis has no blood passport system, and does basically no out of competition testing.

The methods and drugs used by Armstrong in 1999 would work in tennis right now, with zero chance of being caught (not slightly surprising to anyone familiar with the topic, btw).
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