| TheRealMafoo said: From a few posts up:
The governments job is to protect it's people. A banks job it so maximize profits. I blame the government for not doing it's job. Not the banks for doing theirs. In a perfect world, there would be no sub prime lending, and regulation would exist so banks could not make money by taking advantage of people. The government program not only didn't protect the people from this kind of lending, it rewarded banks for doing it. |
I don't even really see how the first part is relevant. Like I said before, if you honestly think that if Republicans were in power that they would just leave the economy alone, you are fooling yourself. And Dems had a one person majority in the Senate. I don't think that automatically equates to "running the economy." And last time I checked, the market ran the economy, not the government. The government is more like a full time referee.
And you are wrong about banks. A bank's job is to remain financially solvent so that it can operate. Maximizing profits is secondary. I mean maximizing is profits is pretty damn hard to do when you have to close your doors because you run out of money.
Once again, you unfairly blame the government for every single thing that happens. I honestly can't even remember a large scale problem that has happened in this country where you blamed someone besides the government.
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
