Comments on: The World From Two Perspectives http://legacydaily.com/2009/01/the-world-from-two-perspectives/?utm_source=rss&utm_medium=rss&utm_campaign=the-world-from-two-perspectives thoughts, lessons, observations, and experiences from a life's journey Wed, 22 Feb 2012 22:36:11 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: legacy daily http://legacydaily.com/2009/01/the-world-from-two-perspectives/#comment-276 legacy daily Fri, 23 Jan 2009 13:52:27 +0000 http://legacydaily.com/?p=198#comment-276 I cannot disagree with Rocky regarding the government programs but have blind faith in the United States to remain the one-eyed king in the land of the blind (In regione caecorum rex est luscus. ~ Desiderius Erasmus) at least during my lifetime. I cannot disagree with Rocky regarding the government programs but have blind faith in the United States to remain the one-eyed king in the land of the blind (In regione caecorum rex est luscus. ~ Desiderius Erasmus) at least during my lifetime.

]]> By: Rocky Humbert http://legacydaily.com/2009/01/the-world-from-two-perspectives/#comment-275 Rocky Humbert Fri, 23 Jan 2009 13:13:43 +0000 http://legacydaily.com/?p=198#comment-275 Rocky and you share at least one thing in common. Rocky does not subscribe to Barron's either. He finds it lying (in a plastic bag) on the pavement outside of his office building on Monday morning; peruses it for two minutes; and then carefully replaces in the plastic bag -- for delivery to its lamentable, intended recipient. Every rule has an exception, and while acknowledging that Nieman Marcus clothing is extremely expensive, there are differences between quality clothing and knockoffs. Just as there are differences between Coca-Cola and Safeway House Brand Cola. The beauty of the free market (and free choice) is the ability for consumers to express their own preferences and choices. If Coca-Cola is overpriced, it will not sell and will go out of business. No such remedy exists for Government Programs, which cost vastly more than any Nieman Marcus sweater. Rocky and you share at least one thing in common. Rocky does not subscribe to Barron’s either. He finds it lying (in a plastic bag) on the pavement outside of his office building on Monday morning; peruses it for two minutes; and then carefully replaces in the plastic bag — for delivery to its lamentable, intended recipient.

Every rule has an exception, and while acknowledging that Nieman Marcus clothing is extremely expensive, there are differences between quality clothing and knockoffs. Just as there are differences between Coca-Cola and Safeway House Brand Cola. The beauty of the free market (and free choice) is the ability for consumers to express their own preferences and choices. If Coca-Cola is overpriced, it will not sell and will go out of business. No such remedy exists for Government Programs, which cost vastly more than any Nieman Marcus sweater.

]]> By: legacy daily http://legacydaily.com/2009/01/the-world-from-two-perspectives/#comment-274 legacy daily Fri, 23 Jan 2009 13:10:58 +0000 http://legacydaily.com/?p=198#comment-274 Rocky, Thank you for stopping by. I understand your point. I have been to Neiman Marcus once where, among other high priced merchandise, I saw a sweater for $1,200 which at TJ Max was $4.99. Even at 90% off that store is way out of my league. I don't subscribe to Barron's either as I'd much rather read your blog instead. Rocky, Thank you for stopping by. I understand your point. I have been to Neiman Marcus once where, among other high priced merchandise, I saw a sweater for $1,200 which at TJ Max was $4.99. Even at 90% off that store is way out of my league. I don’t subscribe to Barron’s either as I’d much rather read your blog instead.

]]> By: Rocky Humbert http://legacydaily.com/2009/01/the-world-from-two-perspectives/#comment-272 Rocky Humbert Fri, 23 Jan 2009 01:37:22 +0000 http://legacydaily.com/?p=198#comment-272 Why does capitulation matter? Is it one of those memes that writers at Barron's et al care about... but is perhaps irrelevant? Looking for capitulation is like rummaging at the 90% off rack at Nieman Marcus... You may find lots of clothes, but they will likely be in the wrong size, wrong color and perhaps have an extra sleeve or two. A perhaps better approach would be to pick the clothes that you like, decide the price that YOU are willing to pay ... and only feel a bit of regret if someone else is able to buy the same pair of shoes for less money .... Certainly better than going barefoot ... Thank you for commenting at www.onehonestman.wordpress.com ... I'm glad you enjoyed your visit. Why does capitulation matter? Is it one of those memes that writers at Barron’s et al care about… but is perhaps irrelevant? Looking for capitulation is like rummaging at the 90% off rack at Nieman Marcus… You may find lots of clothes, but they will likely be in the wrong size, wrong color and perhaps have an extra sleeve or two.

A perhaps better approach would be to pick the clothes that you like, decide the price that YOU are willing to pay … and only feel a bit of regret if someone else is able to buy the same pair of shoes for less money …. Certainly better than going barefoot …

Thank you for commenting at http://www.onehonestman.wordpress.com … I’m glad you enjoyed your visit.

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