Comments on Ben Bernanke's Confirmation

Discussion in 'Economy' started by Richard-H, Dec 3, 2009.

  1. Richard-H
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    Richard-H Gold Member

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    :hellno:
     
  2. Paulie
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    Paulie Platinum Member

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    A liberal who doesn't approve of Bernanke? But I thought he helped 'save' the economy along with O?
     
  3. Richard-H
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    Richard-H Gold Member

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    Unlike conservatives, liberals do not think in lock-step with one another. If you'd read up on the Bernanke confirmation hearings, you'd know that the Senator from Vermont, a Socialist, is one of the leading opponents of a Bernanke confirmation.

    As far as the recovery of the economy - it is not the responsibility of the federal government to cause an economic boom, it's only responsibilty is to prevent a humanitarian disaster. So far we haven't had a humanitarian disaster, so the Obama administration is doing it's job.

    It is the responsibilty of the private sector, not the government, to get us out of a very poor economic state.

    So far the private sector has completely failed in doing it's part to get the economy to recover. The free market has failed. As a matter of fact, it seems that the private sector is doing everything possible to make the economy as bad as they possibly can, then turn around and blame the government.

    Perhaps, if the government is responsible for the state of the economy, then we need Constitutional amendments which would extend the government's powers so that it can manage the economy.

    What do you think?
     
  4. Paulie
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    Paulie Platinum Member

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    You'll have to forgive me for not reading any further than this. :rolleyes:
     
  5. Limey
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    Limey Member

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    That's not quite fair. The problems were generated by neo-liberalism. Those conditions were imposed by the government. Whilst we can't understand the market without referring to the government, we certainly can blame the folly of previous government policy for creating the conditions perfectly suited to economic collapse
     
  6. Richard-H
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    Richard-H Gold Member

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    Your blaming 'Neo-Liberalism' is such lock-step conservative thinking that it's laughable. Thanks for proving my earlier point.

    The only government policies that have attributed to the current economic crisis have been a reduction in regulations and regulation enforcement under the leadership of a conservative government. In fact this crisis has been caused by a lack of government policies, not because of them.

    It was increased freedom in the private sector that set up the conditions for this collapse - a total failure of the free-market.

    And please try to remember that this collapse happened during the Bush administration - under the auspices of a Bush appointed Fed chairman.
     
  7. Richard-H
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    Richard-H Gold Member

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    Do you conservatives get together in classes and practice your responses or what?

    One, two, three 'SAY FRENCH'

    Four, five, six 'ROLL EYES!'

    One, two, three 'SAY FRENCH'

    Four, five, six 'ROLL EYES!'

    One, two, three 'SAY FRENCH'

    Four, five, six 'ROLL EYES!'
     
    Last edited: Dec 4, 2009
  8. Limey
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    Limey Member

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    Neo-liberalism is a political economic term (e.g. "Neoliberalism is the ideological expression of the return to hegemony of the financial fraction of ruling classes"). It has nothing to do with the petty party political games. You might want to re-think your reply
     
  9. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    The free market isn't being allowed to do its job because of the policies of Obama and Bernanke.
     
  10. Richard-H
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    Richard-H Gold Member

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    The free market already did a job on our economy which is why we're in this mess!
     

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