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This is them getting their just desserts.
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The Marxists enact laws that are ***guaranteed** to make the banking business fail.

Then to “solve” the crisis that they created, the Marxists essentially nationalize the banking business using the mantra of “capitalism failed”.

Have you read what is going on in the state of New York over apartment rents? The same thing!

The Marxists enact all sorts of zoning and environmental laws that make building apartments expensive and hard to build.

The rents rise as a result of an artificial ( government created) shortage.

The Marxists then enact price controls on rents. This makes it even **more** unprofitable to build or own any apartments whatsoever.

Apartments grow even harder to find for any renter. It is impossible for the owners of apartment buildings to make a profit or keep up repairs. Existing apartments are totally abandoned by their owners and allowed to collapse or catch fire.

Our government Marxists seeing that “capitalism failed” then take over the apartment building and apartment renting business, and everyone except the state approved elite get to live in Soviet-style cement block housing.

Sudetenland, please read “Atlas Shrugged” by Ayn Rand. The woman was a visionary, and completely right!

Congress deserves about half of the credit for the current economic crisis, the remainder rests squarely on the shoulders of Wall Street greed.

They took a bunch of worthless paper and bundled it into Triple A investment vehicles and sold them to a bunch of idiot CEO's. If you're conned by a conman, don't blame the conman, blame yourself.

As for the real estate problems of New York...who cares? Rent control isn't something that just fell out of the sky...or the Mayor's office, it has existed in New York since WWII. They were whining about it when I lived in Joisey back in the late 60's...if it is so bad, why are these guys still buying buildings? Only a fool would buy an investment or a building that loses money unless they found some advantage to it...can you say tax-shelter?

Most of those guys have been in bed with the local government for a long time...if you sleep with a snake, don't be surprised if it turns around and bites you on the a$$, it's a snake. No sympathy!

As for Ayn Rand, she was about half right and about half bright. Her proposals were about as practicable as Karl Marx's. I don't believe in Utopian visions whether they come from the Left or the Right.

The Marxists enact laws that are ***guaranteed** to make the banking business fail.

Damn, it's nice to see someone who get it, great post.

This whole thing was planned from the git go.

What is amazing is that the people are now rooting for government control of private business because it's their money. When you hold the purse strings you have the control so they gave the purse to the taxpayer. Really, pretty ingenious if you ask me.

Then 0 gets up and says we're not going to reward and continue to pay for failure with tax dollars, with a straight face I might add.

Simply amazing.