Lack Of Government Oversight The Problem

Discussion in 'Current Events' started by Orange_Juice, Sep 27, 2008.

  1. Orange_Juice
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    Orange_Juice Senior Member

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    Before the idiotic dittoheads start screaming a Big Lie about how the government created the financial crisis let's get the facts staright:

    http://www.nytimes.com/2008/09/27/business/27sec.html?em





     
  2. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    I say again, the Soviet Union thought socialism and central planning were great ideas! Just a shame that their economy collapsed as a result.
     
  3. Care4all
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    Care4all Warrior Princess Supporting Member

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    i think secretary paulson is a socialist or communist too!!!! should he be burned at the stake for his ''socialism for the wealthiest'' $700 billion dollar bailout plan for the wall street crooks? ;)
     
  4. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    No, but he should resign in disgrace.
     
  5. Orange_Juice
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    Orange_Juice Senior Member

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    Why? For saving the Free Market system with government intervention? :cuckoo:

    Let's face it, you right wing wackos need to go play with your Tonka trucks and let the grown ups fix this mess. It's the right thing to do for America. The fact that we get to shit all over the right's anti-government ideology is just an added benefit :razz:
     
  6. Diuretic
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    Diuretic Permanently confused

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    They are an object lesson indeed. It's why socialism has flourished in other countries, because the failures of the Soviet Union are that object lesson.
     
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  7. dilloduck
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    dilloduck Diamond Member

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    Shut what program down ?
     
  8. Care4all
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    Care4all Warrior Princess Supporting Member

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    the program that allowed banks etc, to self govern themselves, and back in to the oversite of the SEC who relinquished it...? i think?
     
  9. dilloduck
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    dilloduck Diamond Member

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    Which program was that--did it have a name ?
     
  10. pegwinn
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    pegwinn Top of the Food Chain

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    Nope. He should be accountable for any failures in his specific area of control. Regulation is like a laxative, good in small, controlled, monitored doses. Just the right amount and things flow smoothly, too much and you just shit yourself.

    Additionally, in a bureaucracy things work upwards. In a bureaucracy the mushroom effect (kept in dark, being fed bullshit) is the natural way. Real accountability means the section heads and their immediate supervisory personnel need to be axed.

    'Twere me, I would not allow him the luxury of quitting. He needs to get out of the office and demonstrate leadership by touring the area and personally supervising the cleanup.

    That is an excellent point. I don't agree with the socialist or communist model myself, but Darwin will out. Cool points for you.
     

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