Wall Street Protests

[Raze]

badgenome said:

Raze said:

Ah, again, resorting to personal level insults instead of having a discussion. It's unfortunate.

Surely you're capable of doing a google search, no? Read a bit, learn the reality. This mess started nearly 40 years ago.

Deregulation under Regan - http://www.digitalhistory.uh.edu/database/article_display.cfm?HHID=406

Deregulation under Carter - http://mises.org/daily/535

Deregulation during the Ford/Carter administrations - http://www.jthtl.org/content/articles/V5I2/JTHTLv5i2_Crain.PDF

They sold your country out from underneath you before you were even a thought.

And this proves... what? That there were and are people who want less regulation? That's hardly a secret. What exactly am I supposed to even be looking at here? For fuck's sake, this is the most random collection of links I've ever seen, and only one of them even mentions financial deregulation at all and only then in passing. What I'm asking you to do is offer even the flimsiest support for your asinine assertion that deregulation, as opposed to people living beyond their means on easy credit for many years, led to where we are now.

Come on, use Ctrl-F and type "deregulation" if you don't want to read the whole article. Not just financial, but for the other industries too. Look what it did for them then, and the megapowers they've become since they were let off the leash.

As for a flimsy link, here http://washingtonindependent.com/82632/clinton-faults-himself-for-financial-industry-deregulation

I don't disagree that people screwed themselves over and lived irrationally, that's not the debate. You said, and I paraphrase, that we need more deregulation to make the economy better. History has shown, as provided through the before-mentioned links, that while some deregulation makes for immediate fixes, it has horrible results down the road. In the above link, is a brief blurb, an admission by Clinton, that his financial deregulation led to the creation of megabanks like BoA, who have recently just pulled a fast one on the Fed itself that threatens the entire financial structure of the United States.

My point is simple, deregulation was the weapon that killed America, and the United States government was the one to pull the trigger.

And once again, manage to respond without sounding so immature with the personal attacks, as you state my view as "asinine". You make yourself look foolish. Converse like an adult.