We’re ALL to blame, but let the market forces sort it all out!
Thursday, October 2nd, 2008There’s plenty of blame to go around for this economic crisis…
and we’re ALL to blame for this economic mess.
we’ve become lazy and spoiled living on credit.
Market after market industry after industry have been deregulated and striped of reasonable oversight by the “free market.” The “free market” politicians we the people elected.
bubble-crash bubble crash bubble crash…Karl Marx’s proposal number five explains this cycle: government control of capital. every time the government steps in and “Saves us” by throwing more money at the problem. its gotten to the point where the government is borrowing money internationally to do it. So now our tax dollars go to pay the interest off of these loans…
injecting money doesn’t improve liquidity, that’s bullsh1t and its never worked, ever. Milton Friedman was wrong.
All you hear is this bailout is the only way. bullsh1t
This bailout plan blows its the socialization of wall street. a huge government grab of capital
Where are the indictments?
The secretary of the treasury has become more powerful than the president!?
Whatever happened to the free market? letting the market forces correct themselves?
Milton Friedman was wrong. Speculation is bullsh!t, money value should be based on real commodities like gold.
Raising the FDIC limit to 250k was a ok move to sweeten the deal, but its still not sweet enough.
How about:
The interest on car and credit cards being tax exempt again?
Wouldn’t it help to be able to write off interest paid on credit card and car loans like you can with mortgage interest?
Instead of buying toxic assets with a 50/50 bet on any possible future return..
Why not direct deposit every tax paying American citizen $100,000 via the IRS system?
That’s a better bet because most of us will actually pay off our bills with that money, and actually be able to start saving money and start having the money BEFORE we buy.
Its not a sustainable system we have going here, every crisis uncle SAM is there to intervene
Yay capitalism! we truly are free! yeah right!
There’s money in the system, big drop Monday, look what happened Tuesday, it went up?
Come one free marketers stand by your idealism and let the market forces correct it all! Too big to fail my a$$, let it fail, you were too big to begin with then.
Let the heads fall and the doomsday come, we’ll all come out of it much better off!