By using this site, you agree to our Privacy Policy and our Terms of Use. Close
akuma587 said:
So what about people like Bernie Madoff. I don't think the market not having enough freedom was the problem there.

You are completely washing the financial institutions hands of all this. You act as if they had no role whatsoever when in reality they shoulder the majority of the blame. I have never said that the government doesn't share some responsibility as well, but many of the posters in this thread would blame the government for the sky being blue. I don't find any of you credible on this point because you blame the government for everything.

 

What did Madoff run off with, 50 billion? While that’s crazy, and I have no problem with regulation being in place to try and prevent that sort of thing, it had virtually no impact on our economy.

I guess the best way to put it, is the government can, and should regulate the market, just don’t try and manipulate it.

Those are very different things. Every time they try and manipulate it for whatever motives they have, very bad things happen.

And that might be the dumbest thing out of your mouth Akuma. We blame the government all the time, thus we must hate government, thus our complaints are meaningless. You’re smarter than that Akuma.