| senseinobaka said: I think you have that wrong. This correction (read failure) is a free market function. Unscrupulous lending practices do not last long in a free market and the free market eventually rips a new anus into corporations that practice them. Now, I dont agree with economic fascism (fascism = government legislative control of private business and property, it's different than socialism which is government seizure of private business and property), so I definately dont think the government should dictate how a business uses it's own money, but I dont think the government should protect the business from the consequences of using their own money unwisely. Facist policies have been shown to be more damaging in the long run than the free market. Just think about it, how often do you hear about large free market businesses failing compared to large businesses in a fascist market. Compare financial institutions to airlines for starters.
|
I stopped listening as soon as you said that government legislative control of private businesses and property is economic fascism.
We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls. The only thing that really worried me was the ether. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke
It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...." Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson
