Debunking the republican free-market myth

Discussion in 'Politics' started by Billo_Really, Jun 22, 2012.

  1. Billo_Really
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    Billo_Really Litre of the Band

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    The republican's keep saying how much they want a limited government, but there are examples all over the place showing they believe in the opposite. Here are 3 of those examples...

    Right-wing hypocrisy, knows no bounds.
     
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  2. SniperFire
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    SniperFire Senior Member

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    Well, there is 30 seconds of my life which I will never get back.
     
  3. Billo_Really
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    Billo_Really Litre of the Band

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    That's 30 seconds you never should've had in the first place.
     
  4. whitehall
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    whitehall Gold Member

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    Banks were forced by democrats to make bad loans or face civil rights litigation. The bad loans would be guaranteed by Fannie Mae but democrats had that base covered too. The House Banking Chairman who had oversight responsibility for Fannie Mae looked Americans in the eye and said Fannie was solvent when it was on the verge of collapse under a democrat majority in both houses of congress. We have learned that politicians are dumber and more dishonest than bankers. The problem seems to be how deeply democrats want to wade into the fascist quagmire and completely control the manufacture and distribution of goods and services.
     
  5. Ariux
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    Ariux BANNED

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    It's always nice when I read a post by someone who is informed.
     
  6. Texanmike
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    Texanmike Active Member

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    Ok. So then lets have real free markets. I would love to get rid of minimum wage and subsidies for companies. Lets have a small government and eliminate the FDA, the USDA and replace them with smaller, more efficient state run agencies. I'm all for that. I don't support a highly paid doctor or lawyer any more than I support a low wage earner, or any less. You set the market for your labor. Lets have a government that enforces contracts and does not attempt to define them. Can we? Please?

    Mike
     
  7. TruthSeeker56
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    TruthSeeker56 Silver Member

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    The banks flinched, buckled under pressure from politicians, and made loans to people who happily signed on the dotted line.

    So WHERE does the blame lie?

    With the banks who made "easy" credit available to unqualified people?

    Or with the people who were stupid enough to overextend themselves and borrow more money than they were capable of repaying?

    I say both the banks AND the borrowers are to blame, EQUALLY.

    Blame the Democrats. Blame the Republicans. Blame all of the politicians. They ALL deserve to be tarred and feathered!
     
  8. Texanmike
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    Texanmike Active Member

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    What is perhaps even worse is that they were all bailed out. Now the lesson is that if you get big enough you will be bailed out no matter how bad you screw up.

    Mike
     
  9. Billo_Really
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    Billo_Really Litre of the Band

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    The federal government never told the banks to dish out loans to people who could not afford it. The banks still had to do their due diligence in order to determine who was credit worthy. However, credit default swaps, changed all that.

    BTW, the majority of bad loans, were issued by private banks.
     
  10. Billo_Really
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    Billo_Really Litre of the Band

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    And leave us at the mercy of the corporate oligarchy?
     

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