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You are currently browsing the Oceans of Thought weblog archives for September, 2008.

Breaking News

Is the Market working? Yes, Unfortunately.

OceansOfThought @ September 30, 2008 # Comments Off

 
 I’ll glad you pay you Tuesday, for a hamburger today. – Whimpy
 
Intervention in Markets, with artificial price controls (high or low) taxes and regulation is never pretty when things revert back to their natural state, but a purely capital society cannot be left to itself without some regulation.  Monopolies are bad for competition, Trickle down [...]

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On the Coming Change in America

OceansOfThought @ September 21, 2008 # Comments Off

In great contests each party claims to act in accordance with the will of God…. God’s purpose is something different from the purpose of either party – and yet the human instrumentalities, working just as they do, are of the best adaptation to effect His purpose. – Abraham Lincoln
My My, how our country has changed. [...]

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On Failing Large Companies and True Risk

OceansOfThought @ September 17, 2008 # Comments Off

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. – Milton Friedman
In a capitalist society, big companies need to fail.  It refreshes them, it refreshes the market, and it makes us stronger. However, let’s make it clear, these failures does not actually [...]

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On The Turn of the Tide

OceansOfThought @ September 15, 2008 # Comments Off

The Stormy Present
We here have not written in a long time, there was not much to say, nothing we had not written or was reflected in print otherwise.  We, this grand expiriment was not about repeating news, but to be enlightened about the stormy present, a belief which said, ” Change course, or crash.”   It [...]

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