What is Digg?9 Comments
- dontdoitjake, on 02/17/2009, -2/+7what about canada?
what about the uk?
youre right. neither of them are prosperous.
/sarcasm - supercandy, on 02/16/2009, -5/+10great post.
thanks... - emmettgolf, on 02/16/2009, -6/+10No population has ever prospered under a socialist economy.
- TopSlacker, on 02/17/2009, -1/+4In the eyes of Americans - Socialism = Communism
"OMG1!!111!! Communism, TV tells me that's evil. Die Socialism, die!!" - zclip, on 02/17/2009, -0/+2hell, what about Germany ... their standard of living trumps Canada & UK by far. Some people hold idealism so close to them they're blind to what's really going on
- inactive, on 02/17/2009, -5/+7For the "Fairness Doctrine":
"Left-wing zealots have often been prepared to ride roughshod over due process and basic considerations of fairness when they think they can get away with it. For them the ends always seems to justify the means. That is precisely how their predecessors came to create the gulag." -- Margaret Thatcher
For socialism:
“The trouble with socialism is that you eventually run out of other people’s money” –Margaret Thatcher.
I'll be here all week. - zclip, on 02/17/2009, -1/+2One might expect this from a site called rightwingnews, but seriously, what a steaming pile of garbage starting with this line:
"... at the root of the problem was the federal government forcing Fannie Mae and Freddie Mac to give risky loans to people who shouldn't have qualified in the first place ..."
You don't need to be for Socialism or Capitalism, and you don't even need an entire functioning brain to understand that the root cause of this economic collapse was NO REGULATION of new financial instruments. When we went from horse carriages to cars, we created rules and regulations to govern these new products and inventions. Is it really so hard to understand that new financial products absolutely NEED new regulations? Apply this to ANY market, any new product, anything that affects a society and you'll see it's necessary.
I'm not for over-regulation though - a balance has to be struck between capitalism that aims to make money by any means necessary (which is good for innovation) and the type of socially-conscious rules that aim to protect people from say, tainted food or toys made of lead.
Also, pure capitalism is unfortunately not self correcting, it's much like a powerful car without a driver. It will crash and burn and another call will pass it and take over the lead. Think of the some of the extinct cultures for example. What were the people of Easter Island thinking when they cut down the very last tree and brought on the collapse of their entire society? Nothing, probably. Cutting down that tree served someone's capitalist purpose at that moment and by the time anyone stopped to think of what was happening, it was too late. - uwiniwin, on 02/17/2009, -2/+2Moderation in everything is the key to success. Socialism carried to the extreme only results in economic disintergration as we have seen so many times in history.
- 67Cowboy, on 02/16/2009, -5/+3Sounds like he needs to be impeached too !!!!!
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