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Old 09-22-2008, 10:55 AM
 
12,771 posts, read 7,807,103 times
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Quote:
Originally Posted by paperhouse View Post
We really need to stop playing the blame game. The entire system is corrupt and benefits those with the best connections to politicians in DC regardless of party.

1. We need to create competing currencies whose values are tied to certain commodities. We need a way to shore up our financial system with dollars that are worth something. We cannot get rid of the Federal Reserve system overnight, but we do need a way to make sure the economy can continue to function.
2. We need real change in the regulation industry. Instead of protecting the corporate interests that have made bad decisions and invested in failing enterprises, we need a system of regulation that protects the consumer and the taxpayer. What we're doing now is the exact opposite.
3. We need to understand that the market is doing what it was expected to do. When Bush/McCain say that the fundamentals are strong, they are correct. The market collapse is being brought on by malinvestment and greed. When it reaches this point, the only thing it can do is fail. Propping it up with artificially produced currency is a political tool. The inflation that will be brought on by this "rescue plan" will be as bad or worse than the Great Depression.

In less than 3 weeks, we've gone from a quasi free market system to a fully functioning socialist democracy. The only thing we vote for now is who will better represent our needs in the Oval Office rather than the needs of the country as a whole. Benjamin Franklin warned us that when the electorate realizes they can vote themselves the Treasury, the Republic will be lost. That day has arrived.
Well said. People need to stop with the Dem/Rep BS and focus on what matters. Its just a big pissing match between the two parties with no real difference between the two of them.

We need solutions, not a bunch of childish "well he said...but she said" gibberish from our "candidates" if you can call them that.
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