The rule for posting here is that we strickly believe in the First Amendment to the US Constitution....We believe that there remains an identity called the "Political Economy"and that the decision by the Administrators of modern educational institutions was not necessarily wise when they carved it into two subjects of study. Any post that discusses Politics or Economics or the interaction of the two in the broadest sense is welcome here.
Have fun and be happy.........
ALWAYS TAKE YOUR BASIS OFF THE TABLE..........IF YOU OBEY THIS RULE YOU CAN NEVER LOSE YOUR ASS
Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed.
The law of the jungle has not been mitigated by technology.........biomanbaba
The words below remain as true today as when written
The leisure class lives by the industrial community rather than in it. Its relations to industry are of a pecuniary rather
than an industrial kind. Admission to the class is gained by exercise of the pecuniary aptitudes -- aptitudes for acquisition
rather than for serviceability. There is, therefore, a continued selective sifting of the human material that makes up the leisure
class, and this selection proceeds on the ground of fitness for pecuniary pursuits. But the scheme of life of the class is in
large part a heritage from the past, and embodies much of the habits and ideals of the earlier barbarian period. This archaic,
barbarian scheme of life imposes itself also on the lower orders,with more or less mitigation. In its turn the scheme of life, of
conventions, acts selectively and by education to shape the human material, and its action runs chiefly in the direction of
conserving traits, habits, and ideals that belong to the early barbarian age -- the age of prowess and predatory life.
"Is it not He whose immortal hand, engraving on the heart of man the code of justice and equality, has written there the death sentence of tyrants? Is it not He who, from the beginning of time, decreed for all the ages and for all peoples liberty, good faith, and justice? He did not create kings to devour the human race. He did not create priests to harness us, like vile animals, to the chariots of kings and to give to the world examples of baseness, pride, perfidy, avarice, debauchery, and falsehood. He created the universe to proclaim His power. He created men to help each other, to love each other mutually, and to attain to happiness by the way of virtue." Robespierre
"A man who is born into a world already possessed, if he cannot get subsistence from his parents on whom he has a just demand, and if the society do not want his labour, has no claim of right to the smallest portion of food, and, in fact, has no business to be where he is. At nature's mighty feast there is no vacant cover for him. She tells him to be gone, and will quickly execute her own orders, if he does not work upon the compassion of some of her guests. If these guests get up and make room for him, other intruders immediately appear demanding the same favour. The report of a provision for all that come, fills the hall with numerous claimants. The order and harmony of the feast is disturbed, the plenty that before reigned is changed into scarcity; and the happiness of the guests is destroyed by the spectacle of misery and dependence in every part of the hall, and by the clamorous importunity of those, who are justly enraged at not finding the provision which they had been taught to expect. The guests learn too late their error, in counter-acting those strict orders to all intruders, issued by the great mistress of the feast, who, wishing that all guests should have plenty, and knowing she could not provide for unlimited numbers, humanely refused to admit fresh comers when her table was already full." MALTHUS
The universal part of the cross of Gold speech.........
When you [turning to the gold delegates] come before us and tell us that we are about to disturb your business interests, we reply that you have disturbed our business interests by your course.
We say to you that you have made the definition of a business man too limited in its application. The man who is employed for wages is as much a business man as his employer; the attorney in a country town is as much a business man as the corporation counsel in a great metropolis; the merchant at the cross-roads store is as much a business man as the merchant of New York; the farmer who goes forth in the morning and toils all day, who begins in the spring and toils all summer, and who by the application of brain and muscle to the natural resources of the country creates wealth, is as much a business man as the man who goes upon the Board of Trade and bets upon the price of grain; the miners who go down a thousand feet into the earth, or climb two thousand feet upon the cliffs, and bring forth from their hiding places the precious metals to be poured into the channels of trade are as much business men as the few financial magnates who, in a back room, corner the money of the world. We come to speak of this broader class of business men.
Ah, my friends, we say not one word against those who live upon the Atlantic Coast, but the hardy pioneers who have braved all the dangers of the wilderness, who have made the desert to blossom as the rose, the pioneers away out there [pointing to the West] who rear their children near to Nature's heart, where they can mingle their voices with the voices of the birds-out there where they have erected schoolhouses for the education of their young, churches where they praise their Creator, and cemeteries where rest the ashes of their dead-these people, we say, are as deserving of the consideration of our party as any people in this country. It is for these that we speak. We do not come as aggressors. Our war is not a war of conquest; we are fighting in the defense of our homes, our families, and posterity. We have petitioned, and our petitions have been scorned; we have entreated, and our entreaties have been disregarded; we have begged, and they have mocked when our calamity came. We beg no longer; we entreat no more; we petition no more. We defy them!
The gentleman from Wisconsin [Vilas] has said that he fears a Robespierre. My friends, in this land of the free you need not fear that a tyrant will spring up from among the people. What we need is an Andrew Jackson to stand, as Jackson stood, against the encroachments of organized wealth. William Jennings Bryan
SBFM http://stockcharts.com/c-sc/sc?s=sbfm&p=D&yr=0&mn=3&dy=0&i=p25650043489&r=1510 THLD http://stockcharts.com/c-sc/sc?s=THLD&p=D&yr=0&mn=6&dy=0&i=p25650043489&r=1510
INCY http://stockcharts.com/c-sc/sc?s=INCY&p=D&yr=0&mn=6&dy=0&i=p25650043489&r=1510 CTIX http://stockcharts.com/c-sc/sc?s=CTIX&p=0&mn=6&dy=0&i=p25650043489&r=1510 hhhhhddddhdddddddhttp://stockcharts.com/c-sc/sc?s=CTIX&p=D&yr=0&mn=6&dy=0&i=p25650043489&r=1510http://stockcharts.com/c-sc/sc?s=CTIX&p=D&yr=0&mn=6&dy=0&i=p25650043489&r=1510
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