Homestead mailing list

[Leslie <cayadopi AT yahoo.com>]

Gene, on Atlas Shrugged updated.....
OMG !!!!   That is super funny !!!!  Wonderful !!!
 
 
Bob, on 1st editions.
Can't say I have anything close to the first editions.  I bought the CDs not 
too long ago.  Makes road trips pass by easier, as that is one book I don't 
mind re-reading from time to time.
 
 
 
Here's another funny I heard on a radio show:
 
AND NOW A MESSAGE FROM OUR SPONSOR:
 
Hey is your economy in trouble?  Scamwell is the biggest TARP ever created.  
Look!  It absorbs toxic mortgages like magic!  But wait!  If you don’t like 
bailing out bad loans it converts to a bank asset buyout.  Just like that.  
You’ve never seen anything like it.  And it doesn’t stop there.  How about 
troubled automakers?  Why not!  Scamwell can do it all.  Let’s keep those 
unprofitable companies intact and keep those overpaid union workers happy.  
How about a bankrupt State?  Scamwell is the terminator.  With Scamwell your 
budget deficit won’t be back.  Scamwell’s Miracle TARP is more than a bargain 
at any price, but for a limited time only.  We can’t guarantee this price all 
day, it’s only $700 billion dollars and growing.  So, what are you waiting 
for?  Everybody get in line for the biggest bailout in history!  You won’t 
want to miss this limited time offer while the Fed can still print the money. 
  This offer
 void where reason prevails.  No guarantees made that Scamwell will work.  
Effectiveness is contingent upon the government’s ability to fleece taxpayers 
indefinitely.
                                  
~Financialsense.com 11/22/2008 3rd hour radio show.
 



>From lynnw1366 AT hotmail.com  Sat Dec  6 15:47:41 2008
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Subject: Re: [Homestead] National Debt Much > $100 Trillion & the BondMarket
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>Atlas Shrugged is a wonderful read (overlooking the prose), and Rand was
>brilliant, but she did not have all of the answers.  Greed is not good, it
>is a vice.  Selfishness is only good in a philisophical sense, and the
>selfishness argument is actually >circular.

In Rand's philosophy, capitalism only worked because it was allowed to fall
flat on it's face if it failed. She would be horrified at the current
bailouts. Greed is only good  if it also serves the interests of other
people, too. Creating a superior product or  service because one is greedy
and wants lots of business  is a win/win for the producer and the customer.
Creating a shoddy product because of greed SHOULD put the producer out of
business fast. Today we bail them out, so they can keep being bad
capitalists. Sigh.

Lynn Wigglesworth