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Do you and Neuling understand that you are talking about more governmental regulation which I think has done more to create the present situation than anything else? Too much regulation can be a bad thing unless you have a completely government controlled economy as in a socialism.
Some numbers:
Reasons for job loss this recession:
Regulation 0.3%
Lack of Demand: 29.7%
Regulation has next to NOTHING to do with the current economic situation.
Regulation has next to NOTHING to do with the current economic situation.
Regulation is being rammed down our throats as if a multi-trillion dollar real estate ponzi scheme had nothing to do with it. Are too many no wake zones the problem with a ship run aground?
We can save Capitalism by handcuffing the Communists that are inhabiting our White House. Easy? No, it's going to catapult us in to the most horrible Constitutional Crisis of which we never imagined. However, it must be done and is the answer to the thread's question.
I think the problem is this - the evidence shows that very large companies have a unique capability to subvert the political system toward their own ends - to rotate their officials into government posts, to "make or break" political candidates by threatening to dump money either for or against them, and to get the laws re-written more favorably for themselves over the course of years, via thousands of little tweaks and amendments buried throughout hundreds of obscure and ignored bills.
Once companies gain that level of size, they also gain power in our political system simply due to the way our system is structured (in terms of campaign finance and other factors).
Currently, Goldman Sachs is bankrolling the campaigns of Obama and Mitt at the same time for the next election. The same teflon dons who orchestrated the global economic nightmare. What's wrong with this picture?
Separation of corporation and governance is in order. "Owning" the law, or being above it by porous borders of transnational corps, makes orderly management completely untenable.
The only way to make people responsible is to bankrupt the state, throw all the employees out of work, and destroy the system of governance? Who in their right mind would consider this a rational way to do anything?
That's like teaching your kid responsibility by burning your own house down, punching your boss, and spending all your money on crack.
Oh wait, I made the assumption these people were in their right mind.
Tell you what, next time you hear a stump speech making claims... if they 'love' something, it's because they don't. If they hate something enough to claim the liberals did it, they're guilty as sin.
Quote:
Originally Posted by DRob4JC
For the most part, you are right.
There are some with the knowledge and the vigilance. However, sometimes you have to look at risk vs. reward.
In other words, the higher up you go on the financial scale, the less valuable human life becomes. And when a person desires to blow the whistle on something - and you get threats from people YOU KNOW will carry out those threats and get away with it and you understand you may or may not see your family anymore - well, let's just say you learn to chew cud.
Sounds like the never ending lesser of evil contest where the bar just keeps going lower and lower. How far should anyone go to 'compete' with prostitutes? We're obliged to uphold our own values. Any employer putting you in that position doesn't have a legit business plan. Think again about what's worthy of defense.
We can save Capitalism by handcuffing the Communists that are inhabiting our White House. Easy? No, it's going to catapult us in to the most horrible Constitutional Crisis of which we never imagined. However, it must be done and is the answer to the thread's question.
Ha Ha Ha Ha.......... you wouldn't know a Communist if you tripped over one........ sooooooooooooo funny.
Did someone tell you that Obama is a Communist or Socialist and you actually believed them......
That's not what I heard on Moyers. Those banks had so many interlocking investments with other banks and those of the world, that it would have had horrible results.
Horrible results for those institutions, yes.
These institutions would've collapsed, which would've necessitated some dramatic policy response to ensure liquidity in the markets.
That could've been done through, say, credit unions, or small banks, or anyone who had a workable business model following the collapse. Instead we never allowed them to collapse. These TBTF firms had poor business models, and therefore giving them money is simply corporate welfare.
Capitalism isn't worth saving -- it is inherently evil, and its fundamental basis is exploitation of the poor, the working class, and the environment in order to transfer wealth to rich capitalists (those who own the means of production). No amount of "reforms" will "save" a system that is so fundamentally flawed.
Kill the cancer of capitalism now and replace it with a just, participatory economic system.
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