Wasn't FDR the only US President to run for more than three terms successfully and didn't he preside over the worst economic depression in US History? Seems to me folks should have feared FDR's tyranny and booted his crippled-gansta ass out. Fear has helped man survive for tens of thousands of years so fear isn't the problem. It's the apathy of the knowledgeable that contributes to the panic as they resign themselves to the status quo. The long term solution is to attach real assets to the dollar like silver and/or gold. The short term solution is to let these companies die because no business is too big to fail under capitalism. If investors are allowed to buy up chucks of companies at prices the market is willing to pay then, American can weather any economic storm.To suggest otherwise is simply protectionism of a different sort with the same outcome, prolonged economic pain.Letting companies previously thought to be too big to fail, actually fail might mean that, some blue chipper Yalies and Harvard types can't buy that $100 million dollar yacht before their 40th birthday but, so what? The argument that a company is too big to fail is nonsense and does nothing to increase confidence in the folks whose children will have to pay that loan back with their labor. Too big to fail is as weak as the argument that welfare without accountability works.We can make America great by letting the market compete and by electing people to office that will refuse to protect donor's and their businesses from competition within the marketplace.
I want Sarah Palin to fix it! She's on a mission from God. She can put some lipstick on it and shoot it in the face... oh wait, she'll need Cheney's help for that. Never mind.
enantiodromiaSep 19, 2008
you got it backwards, they are all Democrats now. Big Central Government. Lots of spending. No state's rights.
freedm4allrnoneSep 20, 2008
Wasn't FDR the only US President to run for more than three terms successfully and didn't he preside over the worst economic depression in US History? Seems to me folks should have feared FDR's tyranny and booted his crippled-gansta ass out. Fear has helped man survive for tens of thousands of years so fear isn't the problem. It's the apathy of the knowledgeable that contributes to the panic as they resign themselves to the status quo. The long term solution is to attach real assets to the dollar like silver and/or gold. The short term solution is to let these companies die because no business is too big to fail under capitalism. If investors are allowed to buy up chucks of companies at prices the market is willing to pay then, American can weather any economic storm.To suggest otherwise is simply protectionism of a different sort with the same outcome, prolonged economic pain.Letting companies previously thought to be too big to fail, actually fail might mean that, some blue chipper Yalies and Harvard types can't buy that $100 million dollar yacht before their 40th birthday but, so what? The argument that a company is too big to fail is nonsense and does nothing to increase confidence in the folks whose children will have to pay that loan back with their labor. Too big to fail is as weak as the argument that welfare without accountability works.We can make America great by letting the market compete and by electing people to office that will refuse to protect donor's and their businesses from competition within the marketplace.
abisinisterSep 20, 2008
$2 Trillion and counting,watch your money your retirement,Your the one paying for this greed lust lost<a class="user" href="http://digg.com/business_finance/2_Trillion_Dollar_US_Financial_Meltdown_Bush_and_Republican">http://digg.com/business_finance/2_Trillion_Dollar ...</a>
yudukeSep 23, 2008
the republicans deregulated wall street. the dems can't break the myriad republican filibusters, so they effectively don't control congress yet.
yudukeSep 23, 2008
I want Sarah Palin to fix it! She's on a mission from God. She can put some lipstick on it and shoot it in the face... oh wait, she'll need Cheney's help for that. Never mind.