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To: GOPJ

Regarding McCain’s “weak response,” I’m not so sure that a confident-sounding statement such as “We must investigate!” would be that useful.

Even amongst economic experts, there is no consensus on what to do. Some say (correctly) that the Feds have no obligation to perform a bailout, and should therefore let the market correct itself. Others say (correctly) that the interconnectedness of all this toxic paper might have led to monetary deflation...with a corresponding contraction of payrolls, leading to unemployment and a full-scale depression.

I truly believe that there has been so much market distortion in the past few decades — indeed caused by government intervention, manipulation, and regulation — that there is no easy, no painless, way out.

Fundamental changes, such as (i) return to 100% gold standard, (ii) repeal of legal tender laws, (iii) forbidding fractional reserve banking, and (iv) dismantling the Federal Reserve, would go a long way toward preventing this from happening again (it would also go a long way toward radically curtailing government spending, radically reducing inflation, and stopping the “boom-bust” cycle). In addition, we could use a Constitutional amendment prohibiting government from interfering with the way in which a business conducts its affairs (such as offering loans, mortgages, etc.). The above is my “wish list.”

Something else that would be fantastic if mentioned loudly and clearly by Governor Palin: a renewed commitment by government to protect the citizen’s right to PROPERTY (including a renunciation of the government’s “right” of eminent domain). If Palin said something like that, it would be revolutionary.

I think most of us recognize this much: right now, she is the only viable hope for real, positive change in Washington; much more so than her honorable running mate.


27 posted on 09/22/2008 9:53:55 PM PDT by GoodDay (McCain-Palin '08)
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To: GoodDay
[Something else that would be fantastic if mentioned loudly and clearly by Governor Palin: a renewed commitment by government to protect the citizen’s right to PROPERTY]
 
Yes, but in conjunction with that must be a reevaluation of the idea of artificial "personhood" that is currently being endowed upon collective entities via corporate charter.
 
Collectivization of "private" property is leading to corporate, collectivist, communism.  It is enabling corporate collectives to implement socialist agendas that are antagonistic to the American idea of the individual - the individual who is endowed by their Creator with certain inalienable rights.
 
Certainly the right to pursue the truth, through discourse as well as by other means, is an integral part of the pursuit of happiness.
 
Capitalism must be subordinate to the individual pursuit of truth.  
 
Governance, in the form of Corporate Collectivism or otherwise,  should not be allowed to make itself into the object of  worship and servitude.  Governments - systems of governance - are merely tools; and as tools they should be used to secure the rights of the governed.  But objects of worship and servitude are exactly what governments become when the individual, out of whom the collective constructs itself, is deprived of the right of free speech - especially when that speech is critical of the collective itself.
 
That is precisely the reason for our 1st amendment separation between state and religion - WE were protected from being forced to WORSHIP the state.  But now the state has become the corporation.  Clever.
 
The 1st amendment right to free speech must be restored to ALL; whether in the physical collective workplace, or elsewhere.   To recognize the truth in this, we need only observe the silent obedience by which this socialist financial catastrophe was facilitated.
 
Truth and Honor must be restored to the workplace - and it begins, with the Individual. 
 
Let us speak freely again!
 
 

30 posted on 09/22/2008 11:04:25 PM PDT by LomanBill (A bird flies because the right wing opposes the left.)
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To: GoodDay
I think most of us recognize this much: right now, she is the only viable hope for real, positive change in Washington...

You're right. She's not an insider - and she's not afraid to go after the corrupt.

36 posted on 09/23/2008 7:47:07 PM PDT by GOPJ (Let free markets work - stupid companies SHOULD go belly-up - including Frannie and Freddie.)
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