Preserving U.S. Economy Over Free Markets (Short Sellers) [View article]
Free Market? Show me where such a thing exists. In a true free market, companies that make poor decisions would fail. If there was an actual free market economy, these bastards who built up $1 quadrillion worth of derivatives would have already been forced out, and there would be no reason for the taxpayer to prop them up. As a matter of fact, the whole subprime mortgage mess would never have happened in the first place, because interest rates wouldn't have been kept artificially low by central bankers. They would have been set much higher by the market, and all of the easy mortgages wouldn't have been available in the first place. Government intervention caused this mess, and more intervention is only going to make it worse. It ALWAYS does.
The Credit Crisis and the U.S. Dollar [View article]
Heresy! You should be burned at the stake! I have a Ph.D. in Economics and I've never heard such a load of B.S. We're just experiencing a... uh.... a slowdown. Yeah, that's it. Don't worry, the Fed and the IMF will bail us out, and we'll be back on our feet in no time.
Sort by:
Latest | Highest ratedPreserving U.S. Economy Over Free Markets (Short Sellers) [View article]
The Credit Crisis and the U.S. Dollar [View article]
;)