Posted on 10/05/2010 8:49:38 AM PDT by Rufus2007
So more government isn’t the answer to all of our problems? For a brief moment, that seemed to be the message Huffington Post editor-in-chief and co-founder Arianna Huffington was conveying.
On CNBC’s Oct. 5 broadcast of “Squawk Box,” Huffington, author of “Third World America” explained what she thought the role of government should be in an American economic system. Now whether she was playing to the CNBC pro-capitalist audience or not remains to be seen, but she did depart with the so-called progressive/liberal view of government’s role in the economy, and criticized the Obama administration.
“[S]o when it comes to the Obama administration’s policies, the problem has been rewarding people for taking excessive risks, which is not at the heart of capitalism,” Huffington said. “You and I have talked about that before. At the heart of capitalism is the assumption that if you take excessive risks and you fail, you’re on your own. The taxpayer is not on the hook. And we still have left the systemic risk in the system despite the financial reform bill that was passed. ‘Too big to fail’ has not ended and that really is the potential problem in the future.”
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I think she just hates corporations so much that anything she considers that helps them is wrong.
The government gave evil corportations money. That is bad.
Now, if they government just went in and did an absolute takeover, like Chavez, and gave “free cars” and such to the poor, that would be good.
Don’t you just hate it when a foreign gold digger ,who married a fag for his money, tells us how America should be run?
This weekend I heard Bob Brinker in full howl supporting TARP as profitable for the federal government and the taxpayer. That program has become surreal of late.
I wish someone would ask how she made her money. Married OIL.
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