kiwiman127
Comfortably Moderate
=================Those weren't a product of "unfettered capitalism"...They were the product of insiders gaming a highly regulated marketplace.=====================Which was this country designed for Unfettered capitalism or the people?
Unfettered capitalism hasn't really been good for Main Street America. All one has to do is look at the Saving & Loan failures in the late 80's, the financial sector collapse that was a main culprit to our recent recession, off-shore outsourcing and flat wages for the working class. Unfettered capitalism is great for the few but not for the masses.
You want more jobs for the working classes?...The cut the taxes and regulations that have chased them offshore.
I just got done showing that when the financial sector gets deregulated bad things happen.
The Savings & Loan disaster was the result of the deregulations installed in the early 80's and the recent failures are attributed to the deregulation of that sector in the late 90's.
All the time there were tough regulations on those sectors there were no massive failures but then deregulation sets in and walla, failures and the cost taxpayers. That's 2 for 2, not a great testimony for deregulation.