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To: ex-snook

We have much more regulation and strangulation of the economy now. The debt and devaluation of the dollar alone are putting massive strain on the economic engine of this country. The sheer cost of government is choking it.


97 posted on 06/27/2011 3:04:49 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: GeronL

There needs to be a little regulation of the economy. You cant afford to always be so rigid and extreme. With no regulation, just think of what companies like goldman sachs and aig and their ilk would do to the middle and lower classes, as if they havent destroyed them already with their toxic loans and investments. Then they got bailed out, and companies like goldman sachs patted themselves on the back for a job well done and issued 6 billion dollars in bonuses, from those bailouts.

That is what put a massive economic strain on this country in the first place, that is what got the ball rolling. Stop thinking we are all angels because we are not, with the absence of law there will be chaos, and in the absence of economic regulation or oversight atleast people will not be able to get away with the shi.t they have gotten away with. Doesnt help that we have a socialist in government who entered the equation at the same time.


238 posted on 06/30/2011 1:47:45 AM PDT by hannibaal
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