That's why I said "good rules and good regulations." Regulations can be independent of parties, or created by any party, both Bushes engineered a good number. But I was mostly thinking about Teddy Roosevelt. Or Eisenhower, or FDR. You must realize that Barney Frank, as far as I am concerned, is the son of Satan. He has nothing to do with "socialism." He has everything to do with EVIL. Anyway, the point is that laissez faire is a French phrase. It can be translated in several ways -- give away the store and get almost nothing in return ship American jobs overseas as fast as possible borrow as many trillions of dollars from the Chinese as they will lend give Wall Street bankers all they want and they will shaft everyone else open the border to every Mexican with two legs its fun to hollow out the US economy destroy the environment and pass along the costs to the citizens make the world safe for cartels and monopolies drive wages lower through all available means impoverish the middle class for the sake of the county club set multi-national anti-patriotism is good for business pretend that in the absence of rules and referees, men will be ethical pretend that in the absence of rules and referees, women will be ethical trust in the market to do all things is to trust in delusions vote for George W Bush My opinion of the matter. Unfortunately there is one last translation to report--
William Clinton was approximately just as bad as George Jr Laissez faire is suicidal We can do a helluva lot better than that and we had better do so. Billy ------------------------------------------------------------- In a message dated 1/6/2010 7:10:15 P.M. Pacific Standard Time, [email protected] writes: Sadly, the referees are no better than the players. Freddie and Fannie, the quasi-government agencies behind most (all?) of the bad housing loans have been given a virtual blank check by the government that should be regulating them, not enabling them. But they will continue to be enabled as long as Barney Frank's lover is still a high ranking official in these institutions. It wasn't DEREGULATION that led to Freddie and Fannie and their implosion, it was NO REGULATION IN THE FIRST PLACE. And McCain pushed for regulation of them only to have it voted down BY DEMOCRATS, yet Republicans have insane economic views. Sorry, I think that Socialism is an insane economic view, and it's not Republican. David _ "Free speech is meant to protect unpopular speech. Popular speech, by definition, needs no protection."—Neal Boortz On 1/6/2010 1:54 PM, [email protected]_ (mailto:[email protected]) wrote: Ernie : The problem, IMHO, is a flawed theory that won't go away, laissez faire economics. While it is impossible for me to be a Democrat because of the party's social issues positions ( most of which are Satanic ), I can never be a Republican because the GOP is the party of insane economic views. Why have business leaders called the shots for 30 years ? The undeserved popularity of laissez faire theory. The current recession has had a sobering-up effect and it has again become possible to see the structural problems in unregulated Capitalism. Dammit. When will they learn ? You can't have a football game without rules and referees. And if you want a good football game you had better have good rules and good referees. It is, when all is said, that simple. Billy =========================================== In a message dated 1/6/2010 10:04:27 A.M. Pacific Standard Time, [email protected]_ (mailto:[email protected]) writes: I may not like this trend, but I suspect they are correct that there will be more opportunities to make an impact on society (and the economy) via politics than entrepreneurship, as least relative to the last three decades. As a Radical Centrist, I am fascinated by such cyclical pendulum swings, as (like Newton before me :-) they seem to hint at some larger underlying dynamic: _http://current.com/items/90598372_genius-one-percent-inspiration-99-percent -grit.htm_ (http://current.com/items/90598372_genius-one-percent-inspiration-99-percent-grit.htm) If we could figure out the higher-order mechanic that makes the pendulum swing back and forth, perhaps we could escape both the cycles and partisan bickering between socialism and capitalism. Hey, one can dream... -- Ernie P. _http://bit.ly/7KbWwS_ (http://bit.ly/7KbWwS) In Pareto’s view, power rotates among different groups of elites. Overlooked in recent years, Pareto’s “circulation of elites†theory may be about to make a comeback. For the past 30 years, business leaders have essentially called the shots, proclaiming markets, deregulation, and globalization as their mantras. Global capitalism has triumphed at the expense of national governments. The world of business has attracted the brightest talent and offered the most attractive careers and compensation. The next few years will likely witness the return of the politician and the advent of a larger role for the state in the economy. Barack Obama, Angela Merkel, and Nicolas Sarkozy have shoved business titans off the front page. Politicians are now the ones in the driver’s seat.= _______________________________________________ Centroids mailing list: [email protected]_ (mailto:[email protected]) _http://radicalcentrism.com/mailman/listinfo/centroids_radicalcentrism.com_ (http://radicalcentrism.com/mailman/listinfo/centroids_radicalcentrism.com) Archives at _http://radicalcentrism.org/pipermail/centroids_radicalcentrism.com/_ (http://radicalcentrism.org/pipermail/centroids_radicalcentrism.com/) _______________________________________________ Centroids mailing list: [email protected]_ (mailto:[email protected]) _http://radicalcentrism.com/mailman/listinfo/centroids_radicalcentrism.com_ (http://radicalcentrism.com/mailman/listinfo/centroids_radicalcentrism.com) Archives at _http://radicalcentrism.org/pipermail/centroids_radicalcentrism.com/_ (http://radicalcentrism.org/pipermail/centroids_radicalcentrism.com/) _______________________________________________ Centroids mailing list: [email protected] http://radicalcentrism.com/mailman/listinfo/centroids_radicalcentrism.com Archives at http://radicalcentrism.org/pipermail/centroids_radicalcentrism.com/
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