reply to post by Gateway
Sorry, I never claimed that the markets are the cause of this problem, the problem is the government's failure to prosecute crooked business
As far as your claims that I support the bailouts, sorry, you can look at my posts on the bailouts. The solution is to arrest the crooks and make
them pay back all the money they stole.
Basically, your argument in favor of free markets is the same as communists in favor of communism. Every time you point out the failures of
communism, their response is that this was not pure communism. Just as there is no such thing as pure communism, there is no such thing as a free
market. Your complaints that this isn't a free market system is the same as the communist claims about communism.
There is no way around putting government in charge of the banking system. Either we have a fed reserve like we have now, which is one step away from
government control, or we have the U.S. Treasury issuing currency, which is how the system should operate. In both circumstances, the goverment is in
control of the issue of currency.
Don't tell me you think the concept of corporate script is superior.
When corporations run government, and have armies of lawyers to support their positions, yes, then government regulations are written to prevent entry
into business. This is a result of the government being controlled by the super wealthy, which is the direct result of trying to create a free market
system which will never exist. You run into the exact same problem when people foolishly try to create a communist state. Neither system can be
achieved, and never will, and both systems wind up with terribly corrupt governments controlled by elites.
Nothing will pretty much self regulate, that is a completely preposterous belief. It is like saying if we get rid of the laws and the police, people
will naturally act morally and not commit crimes, and those who do commit crimes will be taken care of by the community. Yeah, that system works
great. The real fact of the matter, it is far more difficult to root out crooked business men than it is to police other types of crime. The honest
businesses get cheated out of existance, and the crooks thrive.
The failed system we have now is the direct result of attempts to create a free market system, a system that will never exist, and can never work.
Say what you will, Reagan and the rest of the Neocons all claim to be for the free market, and that is their goal. The problem is that establishment
of a free market is a foolish and completely unrealistic goal.