November 13-2008:
Maximizing Profit By Any Means Necessary!
President George W. Bush said on Wall Street today, that the Free Market System is what America was using for sixty years, to promote it's democracy, and grow this country's economy. And when government gets in the way of this idea and practice, then there is the tendency to stifle creativity, growth, competition, and may cause stagnancy eventually.
But what he failed to highlight are the following:
* If the Free Market and their entrepreneurs are allowed to conduct themselves in a fashion that uses the profit motive at any means necessary. Then those who are unable to compete in the system will eventually be swallowed up or die.
* Secondly, without safety measures, and some fair trade practices introduced in this system. Wanton Greed, Usurpation, and Trickery, will be the modus operandi for doing business.
* Finally, humans are by and large dishonest. People will try to manipulate any person or system, in order to gain the most from it. Competition is beneficial in the Free Market environment, if there are rules of conduct that all players MUST adhere to, in order for equal opportunity, with equal access to all trading spheres to occur.
When all of the above elements fail to apply, a disconnect ensues, and financial disaster soon follows!
Derryck.
NYC.
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