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Financial Services

For Forbes, Wall Street's Most Powerful Player Is ...

Full story: International Herald Tribune

In Forbes's latest list of the world's most powerful people, some choices come as little surprise.

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Mainstream America

Greenwich, CT

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#2
Nov 13, 2009
 

Judged:

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CAPITALISM IS THE SPRINKLER; GOVERNMENT THE VALVE

The government isn't greater than free market capitalism. Our politicians have more control over capitalism than is healthy. They believe repeated government intervention is helpful when it's actually a hindrance. Think of it like a sprinkler and a garden:

Capitalism is the high-powered sprinkler which feeds the garden. Government is merely the valve which keeps it pointed in the right direction. It's a necessary device, but it's not the mechanism spraying out the nutrients which keep the garden green.

When you overuse the valve, and interfere with the natural cycle of the sprinkler, all patches of the garden don't get fed. Overregulation prevents the sprinkler from completing its rotation, just like excessive government stimulus doesn't boost an economy. It merely stops free markets from naturally correcting themselves. Excessive use of the reset button on the valve won't keep the whole garden green, it just artificially grows one patch.

Since: Aug 09

Indianapolis, IN

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#3
Nov 13, 2009
 

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Mainstream America wrote:
CAPITALISM IS THE SPRINKLER; GOVERNMENT THE VALVE
The government isn't greater than free market capitalism. Our politicians have more control over capitalism than is healthy. They believe repeated government intervention is helpful when it's actually a hindrance. Think of it like a sprinkler and a garden:
Capitalism is the high-powered sprinkler which feeds the garden. Government is merely the valve which keeps it pointed in the right direction. It's a necessary device, but it's not the mechanism spraying out the nutrients which keep the garden green.
When you overuse the valve, and interfere with the natural cycle of the sprinkler, all patches of the garden don't get fed. Overregulation prevents the sprinkler from completing its rotation, just like excessive government stimulus doesn't boost an economy. It merely stops free markets from naturally correcting themselves. Excessive use of the reset button on the valve won't keep the whole garden green, it just artificially grows one patch.
Excellent analogy.
Mainstream America

Greenwich, CT

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#4
Nov 13, 2009
 

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Hiawadda wrote:
<quoted text>Excellent analogy.
Why thank you! Spread the word! Socialism and excessive government is the path to poverty.

Since: Aug 09

Indianapolis, IN

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#5
Nov 13, 2009
 

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Mainstream America wrote:
<quoted text>
Why thank you! Spread the word! Socialism and excessive government is the path to poverty.
It is mediocrity for all, with long hours.

“Are the martinis ready yet?”

Since: Jun 07

cold comfort farm

ISP: Lanham, MD

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#7
Nov 15, 2009
 
Mainstream America wrote:
CAPITALISM IS THE SPRINKLER; GOVERNMENT THE VALVE
The government isn't greater than free market capitalism. Our politicians have more control over capitalism than is healthy. They believe repeated government intervention is helpful when it's actually a hindrance. Think of it like a sprinkler and a garden:
Capitalism is the high-powered sprinkler which feeds the garden. Government is merely the valve which keeps it pointed in the right direction. It's a necessary device, but it's not the mechanism spraying out the nutrients which keep the garden green.
When you overuse the valve, and interfere with the natural cycle of the sprinkler, all patches of the garden don't get fed. Overregulation prevents the sprinkler from completing its rotation, just like excessive government stimulus doesn't boost an economy. It merely stops free markets from naturally correcting themselves. Excessive use of the reset button on the valve won't keep the whole garden green, it just artificially grows one patch.
You would't also be know as 'Chance the Gardner'?
Excellent post!!!!!!!!!!
Mainstream America

Greenwich, CT

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#8
Nov 16, 2009
 
too droll to troll wrote:
<quoted text>
You would't also be know as 'Chance the Gardner'?
Excellent post!!!!!!!!!!
LOL. No, that's Peter Sellers but thank you!
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Daily Horoscope for December 24

Scorpio

If you're feeling brave enough, you should get out all your receipts`, and then tot up how much you've spent this month. Or don't you have the courage to do so? It will be far better to know the truth than to pretend that everything's all right. But don't let it spoil what promises to be a delightfully enjoyable and rather emotional day.

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