OT Confiscatory taxation
On Mar 21, 10:44*am, BAR wrote:
wf3h wrote:
those people ran AIG into the ground. what fairy tales do you read? do
you know AIG has $150,000,000,000 in govt money in it?
Are you more concerned with punishing individuals who work at AIG or are
you more concerned with AIG becoming a healthy private enterprise again?
i'm concerned with me and the financial health of the middle class.
the rich, who've screwed the middle class like we're $2 whores, don't
deserve ****.
Apparently the president and *people in leadership positions in the
senate and house have no concept of what to do about the economic
problems the country is facing today and are using every minor excuse to
divert the public's attention from their failures.
the right wing 'free market' folks got us into this mess....they
created the largest economy collapse since the great depression
Who is your employer?
Where do you buy your food?
Where do you buy your clothes?
Where do you buy your durable goods?
The free markets have a self correcting mechanism.
what fairy tales have you been reading? where's your proof? where's
the mechanism? if this were true, we wouldn't have to bail out the
bankers and wall street managers because they're too big to fail
people like you are like the people on the titanic who drowned because
they insisted it was unsinkable.
Government's only solution to problems is more regulation and taxation.
now you're saying to continue with those failed policies because of
your faith in them? you're worse than a creationist!
The failed policies are from over regulation by the government and
trying to implement social policy rather than follow sound business
principles.
OVER regulation? what regulations FORCED the amount of credit default
swap derivatives to balloon from $920 billion in 2000 to SIXTY TWO
TRILLION dollars in 2007?
go ahead...tell me what govt regulation caused this much greed.
we DID de-regulate the market. and collateralized default swaps went
from $920B in 2000 to SIXTY TWO TRILLION DOLLARS in 2007....
If we are playing the blame game, then you should be upset with Clinton.
goalpost shifting. where's your proof that 'free' markets exist or
that they're self correcting.
in addition, it was the free market fundamentalists like phil gramm
who forced congress to pass DE REGULATION....so you've failed to prove
your case.
is that the type of de regulation you had in mind?
Why should we keep propping up AIG and other private enterprises with
taxpayers money? Shouldn't we just let them go bankrupt? Or does the
fact that the Dodd and Frank would lose too much in campaign
contributions if that were to happen have any bearing on the decisions
by the legislative branch of government?-
which has what to do with the fact the free market failed. it was a
laboratory exercise in YOUR view of capitalism and it's damn near
wrecked the united states.
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