linder.one
9/29/2010 2:38:00 AM
Phlip <phlip2005@gmail.com> wrote:
>On Sep 26, 5:40=A0pm, George Plimpton <geo...@si.not> wrote:
>> On 9/26/2010 5:36 PM, Phlip wrote:
>>
>>
>>
>>
>>
>> > On Sep 26, 5:31 pm, George Plimpton<geo...@si.not> =A0wrote:
>> >> On 9/26/2010 5:24 PM, Phlip wrote:
>>
>> >>> On Sep 26, 5:16 pm, George Plimpton<geo...@si.not> =A0 =A0wrote:
>> >>>> On 9/26/2010 3:37 PM, 5732 Dead, 875 since 1/20/09 wrote:
>>
>> >>>>> On Sun, 26 Sep 2010 15:18:18 -0700, ZNUYBV wrote:
>>
>> >>>>>> On Sep 26, 11:31 am, George Plimpton<geo...@si.not> =A0 =A0 =A0wro=
>te:
>> >>>>>>> "Gary" the convicted child molester, town drunk and Shame of Chic=
>o
>> >>>>>>> lied:
>>
>> >>>>>>>> Majority of Americans Want Swedish-Style Democracy and Income (T=
>ax)
>> >>>>>>>> Redistribution
>>
>> >>>>>>> Bullshit.
>>
>> >>>>>> Why should people who work have all the money?
>>
>> >>>>> Tell us what a commodities trader does that's worth a billion dolla=
>rs'
>> >>>>> salary.
>>
>> >>>> Earn many billions more for the investors.
>>
>> >>> And we should prostrate ourselves before them because they sucked
>> >>> money out of the system?
>>
>> >> They didn't suck any money out of the system.
>>
>> > The billions you said they "earned". Where does it go? Into new jobs?
>> > or into their bank accounts? What do they do with it?
>>
>> >>> Money that could have gone to services for
>> >>> the people who earned the goods whose value they gambled with?
>>
>> >> The money went to the people who deserved it: =A0the investors for tak=
>ing
>> >> risk and investing, the traders for making timely trades that earn mon=
>ey
>> >> for the investors.
>>
>> > Ah, so if I have a mosquito sucking my blood out, the mosquito
>> > "deserved it", for taking the risk of flying around me. And wanting my
>> > blood back is just "class envy". Gotcha!
>>
>> The mosquito and you didn't enter into a mutually beneficial trade. =A0Th=
>e
>> commodities investors and the trader did. =A0Pretty simple, really.
>>
>> The problem here is you think you are entitled to some of the investors'
>> money. =A0You aren't, of course.
>
>So... the trade was "mutually beneficial" (a magical concept dispensed
>by Straus's Chicago School of Economics, no doubt).
>
>But if I ask what my side of the "benefit" was... I'm not entitled to
>even know what it is?
What risk did you take? What effort did you put forth into making the
"benefit" possible?
JSL