Obama says "You're on your own' economics" won't work...

[TakeAStepBack]

Im not trotting it out as anything other than to squish your partisan nonsense. The real reason for the 2008 burst is the federal reserve's policies. The same ones that they are continuing today to pop another bubble. Only it's the dollar and government spending that is the new bubble to burst.

 

[Truthmatters]

Laissez-faire - Wikipedia, the free encyclopedia



United States

Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.[20] The reason for this was the economic and financial chaos the nation suffered under the Articles of Confederation. The goal was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.

 

[healthmyths]

History has proven over and over again unfettered capitalism reverts to all the wealth being concentrated at the top and NO MORE capitalism

What history?
This is HISTORY!
In years 1000–1820 world economy grew sixfold, 50 % per person.
After capitalism had started to spread more widely, in years 1820–1998
world economy grew 50-fold, i.e., 9-fold per person.
In most capitalist economic regions such as Europe, the United States, Canada, Australia and New Zealand, the economy grew 19-fold per person even though these countries already had a higher starting level, and in Japan, which was poor in 1820, to 31-fold, whereas in the rest of the world the growth was only 5-fold per person.
Capitalism - Wikipedia, the free encyclopedia

Before capitalism World economy from 1000 to 1820.. six times in 8 centuries
AFTER capitalism.. in less then 2 centuries economies grew 900% to 1,900%

A rising tide raises all boats!

Now that is a HISTORY lesson!

Prove to me your statement!
Get your F...king FACTS straight!

THERE IS NO WAY anyone can improve their lifestyles equal to what has happened in the last 200 years! Think!!
You are communicating around the world instantly something THAT would NEVER have occurred EXCEPT in capitalistic environment!

 

[TakeAStepBack]

That does not prove your assertion at all. In fact, quite the opposite.

 

[DiamondDave]

Laissez-faire - Wikipedia, the free encyclopedia



United States

Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.[20] The reason for this was the economic and financial chaos the nation suffered under the Articles of Confederation. The goal was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.

1 person's extremist position and opinion is the 'proof' you are offering??

yeah, twatsicle, that is lame even for you

 

[Truthmatters]

http://www.enotes.com/topic/American_School_(economics)

 

[Truthmatters]

when is history has unfettered markets worked as you claim.



You know when it worked like I claimed........ EVERY time it was in practice

 

[DiamondDave]

http://www.enotes.com/topic/American_School_(economics)

Not that you can even paste a link right, idiot

But you can find and throw out all kind of thesis papers, college opinions, etc from all over the spectrum... even by whackos that mimic your extremist, hyper-partisan stance

You like to make your little blanket statements and assert them as proof and offer personal opinions of extremists as your backing in reality...

Sorry *****, it don't work that way

 

[Truthmatters]

there was NO market controls as the kings and queens of europe developed

 

[occupied]

Im not trotting it out as anything other than to squish your partisan nonsense. The real reason for the 2008 burst is the federal reserve's policies. The same ones that they are continuing today to pop another bubble. Only it's the dollar and government spending that is the new bubble to burst.

You also might look into how the first ever GAO audit of the fed came about. Face it, republicans are just not going to challenge the financial sector no matter how bad they screw up the economy or suck money out of circulation.

 

[Truthmatters]

Name a time in history where unfettered markets produced what the righht always claims they will?

 

[Claudette]

Regulatory agencies dont do the job anyway. And it was both republicans and democrats that voted regulatory repeal and funding cuts. Your partisan hackery is showing.

Yup. Oversite apparantly wasn't overseeing anything. Hence the crash.

That reg really worked well.

 

[Truthmatters]

Grover Norquist knows what unfettered markets will produce.

A government so week it can be drowned in the bath tub.

 

[Truthmatters]

Regulatory agencies dont do the job anyway. And it was both republicans and democrats that voted regulatory repeal and funding cuts. Your partisan hackery is showing.

Yup. Oversite apparantly wasn't overseeing anything. Hence the crash.

That reg really worked well.

Oh really?

then why did the Bushg SEC hold back for eight years the broker rules in GLBact?

 

[The T]

Grover Norquist knows what unfettered markets will produce.

A government so week it can be drowned in the bath tub.

Funny? The Founders sought to make Government FEAR the people...

 

[Truthmatters]

SEC Votes for Final Rules Defining How Banks Can Be Securities Brokers
Eight Years After Passage of the Gramm-Leach-Bliley Act, Key Provisions Will Now Be Implemented
FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.

 

[Truthmatters]

Grover Norquist knows what unfettered markets will produce.

A government so week it can be drowned in the bath tub.

Funny? The Founders sought to make Government FEAR the people...

Yes ALL the people through votes NOT just the wealthy through money

 

[Truthmatters]

Your party wants a weakened American government so they can drown it in the bath tub.

They said it right out loud

 

[The T]

Grover Norquist knows what unfettered markets will produce.

A government so week it can be drowned in the bath tub.

Funny? The Founders sought to make Government FEAR the people...

Yes ALL the people through votes NOT just the wealthy through money

So is this why YOU defend Obama?

 

[Claudette]

Regulatory agencies dont do the job anyway. And it was both republicans and democrats that voted regulatory repeal and funding cuts. Your partisan hackery is showing.

Yup. Oversite apparantly wasn't overseeing anything. Hence the crash.

That reg really worked well.

Oh really?

then why did the Bushg SEC hold back for eight years the broker rules in GLBact?

Oh Really?

Why did Barny Frank say FF were doing just great?? Oh and why did Dodd not pay any attention to McCain and Bush when they tried to tell em shit was coming re: Fannie and Freddie??