> >> I'm done with this conversation since > >> you ducked my question about what > >> should replace government regulation.
> > our resident troll does that a lot. i > suspect he is an ayn rand, libertarian > > wannabe, or he just likes to agitate. > one would think that the current > > collapse would wake this guy up. > It depends on what they think is the > cause of the current collapse. If you're > crazy enough, I am pretty sure you can > blame it on what little regulation remained > getting in the way of good, honest business > people trying to do good, honest business. > I'm so tired of that old song. They've been > singing it since FDR, and it's still not true, > although they've sung it so long and so loud > that it has actually bent many millions of > minds into thinking that it is common sense. > It never was, it is not now, it never will be. > Dave i still don't understand how regulation is to blame; i would sure like to hear some examples from someone... i'm not saying de-regulation is the only cause of the current crisis. there are many other factors. the iraq war had a lot to do with it, which made a lot of money for arms dealers, war contractors, etc. bush's cronys and other opportunists also did well with the real estate and other bubbles. now they will all be buying and selling their ill gotten capital and bailout subsidies to make even more during the continuing wild market fluctuations. Just like the crash of '29 cured many of the excesses from selling on margin, a way was found around such regulations, thanks again to the bush administration and his chainsaw surrogates. i wonder how long the lessons being learned from current excesses will prevent greed in the future? a way will be found... we have a deficit economy; it served a purpose at one time, but it is way out of control. pouring taxpayer liens in at the top of the financial system is not the answer. people are out of work. now people are beginning to start to live within their means. now is a good time to play the market corrections if you have disposable cash, or can get some of that bailout money.... now is the time for a "new" new deal to deal with america's. infrastructure projects. now that the rest of the world is feeling the domino effect of globalization, it is time to turn away from unrestrained growth. the developing nations should see where it leads and start producing for themselves, instead of sending the fruit of their workers' labors to us. maybe they will see how the bankers, brokers, agents, arms dealers and other contract pimps are ripping off the disenfranchised. we need a new, green socialism model that conserves the earth's resources, recycles industrial waste, reuses, rebuilds and extends the longevity of technology rather than designing products to wear out in three years or less, so they can be trashed for the next version. if governments are going to indulge in deficit spending then do it creating jobs in cleaning up the planet, health care, education and other creative, rather than destructive enterprises... jon _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l