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Did capitalism fail or did government fail?

Which failed?  

36 members have voted

  1. 1. Which failed? Capitalism or government?



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government deregulated and business abused it for personnel gain. it was pure greed.

 

lol government gave business more freedom and we all got burned. that why they made the regulation in the first place. you can't blame government.

 

lol lmao...

 

You just blamed government for DEREGULATING FINANCIALS...... then you claimed we could not blame them...... :lol::lol: :lol: :lol::lol:

 

tommy....... Stay with me here.... Focus.......

 

Is it government's RESPONSIBILY, DUTY, OBLIGATION to protect citizens from unethical financial practices?

 

A. YES

 

B. NO

 

Simple question.....

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then why did republicans sponsor the bill.

 

so your pro regulation??

 

i thought that business was supposed to police themselves.

 

so you admitt government protects its citizens with regulations?

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Nice try, but I was referring to individual income. "Families" have changed because of divorce, welfare and other factors.

 

If a woman who'd been working gets a divorce, her "family's" income has dropped likely by half.

 

Even Paul Krugman admitted that everyone's income went up under Reagan.

 

The mean went down, because lower-income workers, non-working wives, immigrants and former welfare recipients, joined the labor force, but they have to be excluded from stats, because they had ZERO income previously.

 

Tracking those workers already in the work force, incomes went up dramatically, perhaps 30% off the top of my head.

 

Bleat away, troll.

So you admit that families had to gross more to break even.

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then why did republicans sponsor the bill.

 

so your pro regulation??

 

i thought that business was supposed to police themselves.

 

so you admitt government protects its citizens with regulations?

 

It's not an either/or fallacy RETARD.

 

WHO supports allowing financials to make off with trillions of our dollars you f_cking idiot???????

 

The government is SUPPOSED to protect us against threats we cannot possibly protect ourselves against so.... what do you morons do??? Regulate light bulbs..... :lol::lol: :lol:

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Cap started out as a wonderful idea, all as you had to do was work hard and you could be rich, and if you were not rich well you could still make a living and be comfortable. Besides said the capitalist look at Russia and these other countries with their extreme form of socialism, they are run by dictators, and we are free. Well someone said that some freedom is great and freedom without limits is chaos. We are now going through the chaotic period. In theory as Ayn Rand espoused cap is a exciting concept in reality the rich become richer and the poor become many

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Cap started out as a wonderful idea, all as you had to do was work hard and you could be rich, and if you were not rich well you could still make a living and be comfortable. Besides said the capitalist look at Russia and these other countries with their extreme form of socialism, they are run by dictators, and we are free. Well someone said that some freedom is great and freedom without limits is chaos. We are now going through the chaotic period. In theory as Ayn Rand espoused cap is a exciting concept in reality the rich become richer and the poor become many

 

Capitalism still IS a wonderful idea. It only becomes bad when you MORONS elect corporate banking whores to Washington D.C. :lol::lol:

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It's not an either/or fallacy RETARD.

 

WHO supports allowing financials to make off with trillions of our dollars you f_cking idiot???????

 

The government is SUPPOSED to protect us against threats we cannot possibly protect ourselves against so.... what do you morons do??? Regulate light bulbs..... :lol::lol: :lol:

 

In case you missed it, tommy, he concedes your point here.

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In case you missed it, tommy, he concedes your point here.

 

 

Very close to it anyhow.

 

ONCE AGAIN...... regulation IS NOT an either/or logical fallacy.....

 

There's SMART regulation that actually PROTECTS citizens from harm and then there's 90+% of our current regulation that eliminates competition written by lobbyists.

 

We need 90% MORE regulation on financials and 90% LESS regulation on legitimate business.

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ONCE AGAIN...... regulation IS NOT an either/or logical fallacy.....

 

There's SMART regulation that actually PROTECTS citizens from harm and then there's 90+% of our current regulation that eliminates competition written by lobbyists.

 

We need 90% MORE regulation on financials and 90% LESS regulation on legitimate business.

 

This is more or less my point of view. The government should have gone after the financial sector and saved healthcare reform for a rainy day, in that sunny period following the beginning of the financial crisis.

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This is more or less my point of view. The government should have gone after the financial sector and saved healthcare reform for a rainy day, in that sunny period following the beginning of the financial crisis.

 

Government uses regulation:

 

1. So large corporations can eliminate their competition-VERY BAD for consumers as the entire premise of a market system is.... competition

 

2. Allow financials to practice unethical behavior which of course led to the financial crisis.

 

We need 90% MORE regulation on financials and 90% less regulation on the rest of business......

 

If a regulation impedes competition in any way it needs to be scrapped.

 

Captialism and free markets are GREAT....

 

Government is a necessary tool to protect society

 

Government+Capitalism=disaster

 

But one has a duty to safeguard it's citizens from the other so....... let's blame capitalism..... :lol::lol: :lol: :lol::lol::lol::lol::lol:

 

 

I can see none of you have solved problems for a living.....

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Government uses regulation:

 

1. So large corporations can eliminate their competition-VERY BAD for consumers as the entire premise of a market system is.... competition

 

2. Allow financials to practice unethical behavior which of course led to the financial crisis.

 

We need 90% MORE regulation on financials and 90% less regulation on the rest of business......

 

If a regulation impedes competition in any way it needs to be scrapped.

 

Captialism and free markets are GREAT....

 

Government is a necessary tool to protect society

 

Government+Capitalism=disaster

 

But one has a duty to safeguard it's citizens from the other so....... let's blame capitalism..... :lol::lol: :lol: :lol::lol::lol::lol::lol:

 

 

I can see none of you have solved problems for a living.....

Actually, it was government intervention that caused the financial crisis. Without government, the financial institutions would not have been able to take such huge risks because the people giving them the money to make those risky bets (depositors) would have imposed "market discipline" on them by refusing to give them money unless they invested it wisely. When the government steps in to back (and many times actually mandate) the risky bets, then the depositors no longer care what the banks do with their money, and thus you eventually get the financial crisis.

 

Yes, if we are foolishly going to have massive government involvment in the banking/mortgage/finance industries, then we have to also accept massive regulations to keep things from blowing up. But the best solution would be for the government to get the hell out entirely and allow the free market to work.

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Capitalism fails, but so does any government, because they are always systems designed by flawed humans. The only way a just society will ever exist is if we turn over all the machinations of governing to AI, as computer programs have no ambition thus cannot be corrupted by power, envy, greed, etc.

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Capitalism fails, but so does any government, because they are always systems designed by flawed humans. The only way a just society will ever exist is if we turn over all the machinations of governing to AI, as computer programs have no ambition thus cannot be corrupted by power, envy, greed, etc.

 

If computers were THAT advanced they would simply eliminate the human race..... :lol::lol: :lol:

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Capitalism fails, but so does any government, because they are always systems designed by flawed humans.

 

Capitalism isn't "designed." It's the cumulative actions of what people do voluntarily if given the chance with minimal protection by government.

 

 

The only way a just society will ever exist is if we turn over all the machinations of governing to AI, as computer programs have no ambition thus cannot be corrupted by power, envy, greed, etc.

 

There's the Totalitarian Vision of the radical left.

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Well I would agree is more fascism that capitalism but..... the only way it gets there is THROUGH the government which of course the dopey progressives REFUSE to admit..... :D:D

 

I wonder why? Is their indoctrination really THAT strong? :huh:

yes and I would like to add that while fake libs can't see it that way the fake right can't see that corporations will create collectivism if they are allowed to do whatever they want. I'm one of those wierdos that can't stand mega corporations and sell out government

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the fake right can't see that corporations will create collectivism if they are allowed to do whatever they want.

What in the world does that mean?

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yes and I would like to add that while fake libs can't see it that way the fake right can't see that corporations will create collectivism if they are allowed to do whatever they want. I'm one of those wierdos that can't stand mega corporations and sell out government

 

Well as far as corporations go government is what's allowed them to get so large without competition to begin with. Corporations have been using regulations to solidify their businesses for decades.

 

Under a REAL free market, competition would naturally prune businesses to size. If a business go too large and inefficient, it would eventually lose market share to another competitor.

 

So, once again, government IS the problem, or least the tool business uses to get over on us.

 

I agree with Nighthawk until we're talking pure financials, paper swaps, derivatives. Anything else could be and would be self regulatory.

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Every solution proposed is lopsided in approach. The true strength in the economy stems from the confidence of the consumer. Lowering taxes won't make people spend more money. Deregulation helps people lose money.

:lol::lol: :lol: :lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol:

 

BBWWAAAAAAAA!!!!!!!!!!

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