Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Owen

“Capitalism had clearly failed in 2009”

#####################

Hopefully you wrote this as sarcasm, because nothing could be more wrong.

What failed was Liberal politicians (Bush, Pelosi, Reid, & Co), likely by design (Cloward-Piven), overheated the banking/mortgage sector by forcing banks to make loans to homebuyers who had no objective means of paying them back.

“Capitalism” had nothing to do with that. A state-run centrally planned economy had everything to do with that.


31 posted on 04/27/2024 10:15:32 AM PDT by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
[ Post Reply | Private Reply | To 24 | View Replies ]


To: Eccl 10:2

Of course it failed. It relies on a substance created from nothingness. How could it not fail?


36 posted on 04/27/2024 10:54:02 AM PDT by Owen (.)
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson