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It took 25 years for the wild, unregulated market to reach this point; it's going to take decades for things to get back to normal once they put regulation back in control of the market. A 100% Free Market: what complete moron came up with that idea? Oh, yeah. Reagan. You know, the guy that had Alzheimer's and was prematurely senile? Now tell me again why people are even considering the possibility of putting another senile old man in as president; and this time one with an uncontrolled temper and no limit to the personal and professional ethics he'll throw aside in his mad dash for power? @darkforce apparently he already has plans for that power http://clipmarks.com/clipmark/756ACD85-BE92-4EE6-82D4-C408B4D8F7E5/ "Hang in there" his presidency will soon be over. Reagan just began the roll up of New Deal, setting the US back into the Boom/Bust economy cycle that lead not to one, but multiple recessions. This is in fact nothing new, the US has simply returned to the days of the Robber Barons and JP Morgan (who rescued the US economy, not once, but twice). And yet, some people blame the new deal for Americas economic problems (even though it fueled nearly 40 years of non stop economic growth) and want to return to the wild days of laizze-affaire(sp?) economics while complaining that the goverment buy out (proposed by the same people who deregulated everything) will lead to the rise of Soviet Amerika! Reading history books is not enough, you have to un... It is a legitimate debate to ask if it is and to what degree it is the government's responsibility to regulate markets as to avoid the depths that these cycles can have. It is not legitimate, as I have seen around these parts, to imply that this crash is due to the government and all we need is less government and everything will ("always" is implied here) be like it was. Markets crash - this is a fact of markets. |
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