posted on Dec, 17 2008 @ 09:28 PM
I have to say, the funny thing is that I don't believe in the reason put forth, but I do agree with the premises. Government shouldn't be bailing
out all these investment firms. At most, they should aid the small investors who loose out mainly due to the situation where they had money managers
who were supposed to be protecting them from such a disaster such as 401k investors, punish the people who took advantage of the situation, and leave
the big fish facing the results of the risks they took.
The U.S. hasn't been living off of the rest of the world, the rest of the world has been living off of the U.S., setting up trade negotiations with
the help of our crooked corporations that tip the odds against the average person in the U.S., and undermine the U.S. worker.
Free market economics are not the solution, they are the root cause of our current economic crisis. What free economics amounts to, is government
ignoring corporate crime, thus business becomes ever more corrupt until the system collapses. This is what was happening in the 1890ties, and the
1920ties, and it is happening here again now since repub neocons deregulated banking rolling back the laws that were in place to prevent an economic
crisis as we are currently facing.
In addition, this is not something that only effects the U.S. or is a result of what the U.S. has done, this is a result of what the WTO has done in
setting up these lopsided trade deals that screw the workers of the U.S.. The IC's and their associates are the people who created this mess, and
they should be the ones who are held responsible for their actions.