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what's that saying, "even a broken clock is right twice a day ".
Ron Paul like Glenn Beck makes 1,000 predictions, just because the 5 right guesses get publicized does not negate the fact that there are still 995 wrong ones.
People on message boards make 1000's of accusations.
This is what I don't understand, libertarians get upset whenever government tries to regulate an industry, so why is regulating contracts ok, but nothing else?
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Originally Posted by nighttrain55
I'm well aware frauded is not real word, and quit ignoring my overall point, why should the government intervene?
It honestly sounds like you are confusing libertarianism with anarchism. If the government doesn't enforce the rules that we play by then a vacuum will emerge and eventually the mafia will step up to the place and provide what the government won't.
Ever been to Russia? The mafia owned clubs and cabs are very safe precisely because the cops couldn't provide security.
Why is it the job of the government to protect people from fraud? If you believe that the free-market solves any issue that government might try to intervene, why is fraud separated from that? If I sucker you into a contract, wasn't it your responsibility to know what you were signing in the first place?
The government does NOTHING to protect the consumer from fraud, as you would know if you have been a victim of it.
I lost a $10,000 downpayment to a pool contractor in Florida (who took over his father's reputable company and ripped off countless consumers before declaring bankruptcy), and found that not only was there no way to get my money back, but you can't even get their Contractor's Certification license revoked--not even when multiple families were ripped off. This rip-off artist simply started ANOTHER pool company under another name and repeated the process...and still does, as far as I know. The State of Florida, and the Local Governments he operated in, couldn't care less.
And after the hurricanes in Florida, roofing companies made a killing by collecting huge "deposits" for roof repair (50% of the price of a new roof, which was 10 times the price of a new roof before the hurricane), and then did the same thing--declared bankruptcy and started up another company under a different name.
Truth is, it is extremely negative that the government tries to pretend it cares about consumer fraud and could do anything about it, because it creates the false impression that there is some recourse when you are ripped off.
Why is it the job of the government to protect people from fraud? If you believe that the free-market solves any issue that government might try to intervene, why is fraud separated from that? If I sucker you into a contract, wasn't it your responsibility to know what you were signing in the first place?
My question for libertarians is where in the world is libertarianism working?
The government does NOTHING to protect the consumer from fraud, as you would know if you have been a victim of it.
Just look at the banking crash. Were people protected from the fraud the banks participated in with the government? No. Nobody was held accountable. Quite the contrary they were rewarded with even more taxpayers dollars.
My questions for libertarians is where in the world is libertarianism working?
Where has it been allowed to work? Ron Paul tried and tried to stop the banking fiasco and was dismissed as a kook. How can something work when it's not allowed to?
Are you saying that it would have been bad to have enacted a system that made the banks 100% responsible for their own bad debts?
Where has it been allowed to work? Ron Paul tried and tried to stop the banking fiasco and was dismissed as a kook. How can something work when it's not allowed to?
Are you saying that it would have been bad to have enacted a system that made the banks 100% responsible for their own bad debts?
Which leads us to this question. When have progressive policies ever been successful?
Where has it been allowed to work? Ron Paul tried and tried to stop the banking fiasco and was dismissed as a kook. How can something work when it's not allowed to?
Are you saying that it would have been bad to have enacted a system that made the banks 100% responsible for their own bad debts?
If its such a great idea, why hasn't it already been tried?
True. The Soviet Union fell. As did a huge portion of those Eastern European countries under their umbrella. The European Union isn't exactly hunky dorey these days. Even other rust belt cities such as Cleveland, have suffered decline due leftist policies and too much of one party in power. Yep... Forward.
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