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	<title>Comments on: Top 10 at 10: Brazil-style capital controls?; &#8216;US more duck than phoenix&#8217;; Congressional mood turning ugly; Dilbert</title>
	<atom:link href="http://www.interest.co.nz/ratesblog/index.php/2009/11/20/top-10-at-10-brazil-style-capital-controls-us-more-duck-than-phoenix-congressional-mood-turning-ugly-dilbert/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.interest.co.nz/ratesblog/index.php/2009/11/20/top-10-at-10-brazil-style-capital-controls-us-more-duck-than-phoenix-congressional-mood-turning-ugly-dilbert/</link>
	<description>Interest rates, exchange rates and the economics behind them</description>
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		<title>By: Neven911</title>
		<link>http://www.interest.co.nz/ratesblog/index.php/2009/11/20/top-10-at-10-brazil-style-capital-controls-us-more-duck-than-phoenix-congressional-mood-turning-ugly-dilbert/comment-page-2/#comment-49013</link>
		<dc:creator>Neven911</dc:creator>
		<pubDate>Wed, 25 Nov 2009 03:26:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.interest.co.nz/ratesblog/?p=5934#comment-49013</guid>
		<description>Kate: &quot;This is an ethics test&quot;
Mark: &quot;Ok&quot;
Kate: &quot;There are 3 people in a burning building, A Num, A Nobel Laureate and a Merchant banker, you only have time to save one, who do you choose&quot;
Mark: &quot;I have to save somebody?&quot;
Kate: &quot;Yes!&quot;
Mark: &quot;Is there time to start a bidding war?&quot;
Kate: &quot;Arrhhhhhh&quot; 

Apologies to Scott Adams</description>
		<content:encoded><![CDATA[<p>Kate: &#8220;This is an ethics test&#8221;<br />
Mark: &#8220;Ok&#8221;<br />
Kate: &#8220;There are 3 people in a burning building, A Num, A Nobel Laureate and a Merchant banker, you only have time to save one, who do you choose&#8221;<br />
Mark: &#8220;I have to save somebody?&#8221;<br />
Kate: &#8220;Yes!&#8221;<br />
Mark: &#8220;Is there time to start a bidding war?&#8221;<br />
Kate: &#8220;Arrhhhhhh&#8221; </p>
<p>Apologies to Scott Adams</p>
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		<title>By: Doug</title>
		<link>http://www.interest.co.nz/ratesblog/index.php/2009/11/20/top-10-at-10-brazil-style-capital-controls-us-more-duck-than-phoenix-congressional-mood-turning-ugly-dilbert/comment-page-2/#comment-48872</link>
		<dc:creator>Doug</dc:creator>
		<pubDate>Tue, 24 Nov 2009 20:03:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.interest.co.nz/ratesblog/?p=5934#comment-48872</guid>
		<description>Mark Hubbard, take heart.  More than a trillion in short-term US debt is due in the next month.  The Treasury has no option other than to roll it over into longer-term treasuries.  To make them attractive to holders they will have to increase the yield on them and this will increase interest rates.  Of course, they can try and print their way out of it, but the only buyers will be the Fed through Goldman, JPM, et al.  The jig is up.</description>
		<content:encoded><![CDATA[<p>Mark Hubbard, take heart.  More than a trillion in short-term US debt is due in the next month.  The Treasury has no option other than to roll it over into longer-term treasuries.  To make them attractive to holders they will have to increase the yield on them and this will increase interest rates.  Of course, they can try and print their way out of it, but the only buyers will be the Fed through Goldman, JPM, et al.  The jig is up.</p>
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		<title>By: Kate</title>
		<link>http://www.interest.co.nz/ratesblog/index.php/2009/11/20/top-10-at-10-brazil-style-capital-controls-us-more-duck-than-phoenix-congressional-mood-turning-ugly-dilbert/comment-page-2/#comment-48855</link>
		<dc:creator>Kate</dc:creator>
		<pubDate>Tue, 24 Nov 2009 12:23:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.interest.co.nz/ratesblog/?p=5934#comment-48855</guid>
		<description>I have to smile!  From climate-deniers, to ethics-deniers.  :-)

But the point is, everyone makes moral/ethical judgments everyday - and every person tends towards one or other of these approaches in their decision-making.  None is &#039;better&#039; than the other, but each provides a framework or a basis on which to consider what is good or bad, right or wrong.

If the only decisions we had to make as a society were economic ones, then &quot;man qua man, laissez faire, non initiation of force&quot; might suffice.  But, with that perspective in mind, I would ask is a lie an initiation of force?  Consider which of these three statements regards lying is your perspective?

1. I tell the truth because lying is always wrong.

2. I would tell a lie if it was the best thing to do in the circumstances.

3. I find it very difficult to tell a lie.

Whichever is &#039;most you&#039; reveals the principle ethical/moral perspective you have.

In my opinion, understanding our own moral values - that is, how we make ethical choices (and we make them every day!) is something everyone should be conscious of about themselves.</description>
		<content:encoded><![CDATA[<p>I have to smile!  From climate-deniers, to ethics-deniers.  <img src='http://www.interest.co.nz/ratesblog/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
<p>But the point is, everyone makes moral/ethical judgments everyday &#8211; and every person tends towards one or other of these approaches in their decision-making.  None is &#8216;better&#8217; than the other, but each provides a framework or a basis on which to consider what is good or bad, right or wrong.</p>
<p>If the only decisions we had to make as a society were economic ones, then &#8220;man qua man, laissez faire, non initiation of force&#8221; might suffice.  But, with that perspective in mind, I would ask is a lie an initiation of force?  Consider which of these three statements regards lying is your perspective?</p>
<p>1. I tell the truth because lying is always wrong.</p>
<p>2. I would tell a lie if it was the best thing to do in the circumstances.</p>
<p>3. I find it very difficult to tell a lie.</p>
<p>Whichever is &#8216;most you&#8217; reveals the principle ethical/moral perspective you have.</p>
<p>In my opinion, understanding our own moral values &#8211; that is, how we make ethical choices (and we make them every day!) is something everyone should be conscious of about themselves.</p>
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		<title>By: W. Kunz</title>
		<link>http://www.interest.co.nz/ratesblog/index.php/2009/11/20/top-10-at-10-brazil-style-capital-controls-us-more-duck-than-phoenix-congressional-mood-turning-ugly-dilbert/comment-page-2/#comment-48845</link>
		<dc:creator>W. Kunz</dc:creator>
		<pubDate>Tue, 24 Nov 2009 08:19:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.interest.co.nz/ratesblog/?p=5934#comment-48845</guid>
		<description>Mark, one day in the near future you driving down Queen Street 10am with your luxury Hummer will be hit by one - 
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&amp;objectid=10611252

….for a weak up call.

Scientists are telling us of climate changes and it is obvious on many fronts. If it is &quot;manmade&quot; or not is irrelevant. We do need greener policies anyway.</description>
		<content:encoded><![CDATA[<p>Mark, one day in the near future you driving down Queen Street 10am with your luxury Hummer will be hit by one &#8211;<br />
<a href="http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&amp;objectid=10611252" rel="nofollow">http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&amp;objectid=10611252</a></p>
<p>….for a weak up call.</p>
<p>Scientists are telling us of climate changes and it is obvious on many fronts. If it is &#8220;manmade&#8221; or not is irrelevant. We do need greener policies anyway.</p>
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		<title>By: Alex</title>
		<link>http://www.interest.co.nz/ratesblog/index.php/2009/11/20/top-10-at-10-brazil-style-capital-controls-us-more-duck-than-phoenix-congressional-mood-turning-ugly-dilbert/comment-page-2/#comment-48831</link>
		<dc:creator>Alex</dc:creator>
		<pubDate>Tue, 24 Nov 2009 05:16:23 +0000</pubDate>
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		<description>Why am I  not suprised that Telecom is mixed up in all this? Cheetahs never change their stripes .........</description>
		<content:encoded><![CDATA[<p>Why am I  not suprised that Telecom is mixed up in all this? Cheetahs never change their stripes &#8230;&#8230;&#8230;</p>
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