Why are some "Libertarians" applauding a candidate who wants the Feds to regulate banks? (Obama, independent)

[Bily Lovec]

looks like another "Im butthurt over uncle barry's debacle last night" post

[GuyNTexas]

Originally Posted by Savoir Faire

Seriously, I don't get it. Is that what passes for Libertarian nowadays??

That would be a sane person who recognizes the obvious .... that as crooks go, no one does it better than bankers who must be watched and regulated like the thieves they've proven themselves to be since biblical times. That's why.

And, because of the very few real powers and obligations the Federal government actually has under the constitution, the responsibility to coin money and regulate the value thereof is probably the most important, and most neglected for the past 100 years.

[pknopp]

It has been explained time and time again that being a libertarian is not the same as being an anarchist. I'm sure that pointing this out again will make little difference.

[LibertyForever]

Originally Posted by TempesT68

Exactly, real libertarians think both candidates are clowns, but there are many hard right wing lunatics that claim to be libertarians, but are not.

Like Glenn Beck.

[Savoir Faire]

Originally Posted by ThinkBeforeYouVote

Because regulation protects freedom. Regulation is how you combat fraud and manipulation, which hurt the economy.

Libertarians are not Anarchists. Just like Democrats are not Socialists.

A free market is not an unregulated market, it's merely one which is open and which does not have borders to entry.

So Libertarians who want to get rid of the Federal Reserve are full of shyt anarchists and not true Libertarians?

[pknopp]

Originally Posted by Savoir Faire

So Libertarians who want to get rid of the Federal Reserve are full of shyt anarchists and not true Libertarians?

You can have regulations on the banks and no federal reserve. It's silly to believe that everyone who believes in a general idea must all believe exactly the same thing.

[Savoir Faire]

Originally Posted by pknopp

You can have regulations on the banks and no federal reserve. It's silly to believe that everyone who believes in a general idea must all believe exactly the same thing.

Don't the Feds regulate the banks on a federal level???

[pknopp]

Originally Posted by Savoir Faire

Don't the Feds regulate the banks on a federal level???

Based upon the last 8-10 years, no.

[Savoir Faire]

Originally Posted by pknopp

Based upon the last 8-10 years, no.

I'm sure Romney wants the feds to regulate Wall Street, yet many Libertarians want to eliminate the Fed.

I see a conflict here.

[pknopp]

Originally Posted by Savoir Faire

I'm sure Romney wants the feds to regulate Wall Street, yet many Libertarians want to eliminate the Fed.

I see a conflict here.

Sure, just like many they will go with the one they decide is the lesser of two evils.

Obama hasn't fulfilled many of the promises the left believed he would but yet they will vote for him.