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  • The Credit Bubble: Deregulation Gone Wild  [View article]
    "Free Markets"? Reminds me of Orwell's Animal Farm: "all Animals are equal, but some are more equal than others." And in case you're confused, most people here are equivalent to the horse.

    Until there is some real teeth and real consequences (as in jail time, fines exceeding the payout and barring from the financial industry) this behavior will continue. Having Uncle Sam subsidize this lemonade stand isn't going to make the kids play fair.

    Socialize the risk, but privatize the profits. The sad thing is that they're using the 'poor homeowner' and the 'average American' as the rally point; omitting that this bailout will do far more to impoverish the country than letting things go its natural way.
    Apr 06 11:58 am |Rating: 0 0 |Link to Comment
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