Subject:
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Re: Taxes from Lego auctions?
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Sat, 25 Dec 1999 06:02:44 GMT
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Viewed:
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2889 times
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In lugnet.off-topic.debate, Larry Pieniazek writes:
> Usury schmusery. Who cares what the bible says? I can't believe you were
> using it to support your argument. Interest is legitimately set by the
> market. In a free market, money costs what the market says it does.
> Lenders compete for business by setting the rate they want to get.
> Borrowers compete for money by setting the rate they're willing to pay.
>
> I, as a capitalist, have the right to dispose of my capital as I see
> fit, based on my choice of risk and reward ratios. Don't you DARE tell
> me that I can't enter into a contract with a borrower that has fixed
> payments, including interest. You have no right to restrict my ability
> to enter into contracts that way.
Okay, sorry. I see that you are talking something like my language. And I
wasn't using the bible to justify anything, merely pointing out the many
faiths have this idea in there somewhere (relating it back to another offshoot
of this thread). I guess what I find/found a little hard to follow is the
particular way you are negotiating your ideals AND real world activities. I
have real world activities too, but I find that they rarely have anything to
do with my ideals. Let's just say that the real world is in the basement of
my ideals.
And no, I don't really care what sort of quasi-ponzi, quasi-tontine, quasi-
whatever sorts of schemes my fellows want to get involved in -- truly their
own business.
And your right, the thread(s) are getting out of hand -- taxes, interest,
property...
...Where will it end?
Merry Xmas, Hopper Man!
=)
-- Richard
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Message is in Reply To:
 | | Re: Taxes from Lego auctions?
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| Whoa, whoa... (...) This, above, has almost NOTHING to do with interest. It so happens that I agree with some (most? almost all?) of your points(1). I'd prefer that my money be issued by a private bank, and backed by something tangible, instead of (...) (27 years ago, 25-Dec-99, to lugnet.off-topic.debate)
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