--- In [email protected], [EMAIL PROTECTED] wrote: > > In a message dated 6/3/05 6:46:27 P.M. Central Daylight Time, > [EMAIL PROTECTED] writes: > > Actually, the best is a mix of capitalism and socialism. Pure laissez-faire > capitalism was tried > and failed when the US stock market crashed and we entered the great > Depression. Only > semi-socialistic protections like the Social Security Trust Fund and the > FDIC have prevented > similar catastrophes here. > > > > > Believe it or not I can agree pretty much with Easyone on this. I'm not > against a safety net or two as long as they aren't abused. Banking laws, > strictly > enforced, will do more to protect against great stock market crashes.
It's more than a few banking laws Look, rich people have more power, fair enough? Money is Power, is that too far out for you? The more money you have, the easier it is to get more, OK? If this weren't true, there would be no need for a stock market. Every business would only need bootstraps. Am I sounding like a Commie yet? So the rich have more power, and like people in power throughout all of recorded history, they want to keep it that way. Rich people have more say when it comes to rule making time ( or do you disbelieve all the news about lobbyists, government/business revolving doors, and 500 years of Western history. Our Society has to work hard to maintain a regime of progressive taxation, redistribution of SOME wealth, and prohibition of bribery and graft. It's the only smart thing to do, to keep the demon fire of capitalism inside the fireplace, where it does the most good. Unbridle capitalism, and you'll have a wreck on your hands. Adam Smith said as much. It's true. The so-called "Free Market" fundamentalism that's been pushed for over 20 years now to the point where most people assume it must be true, is fully a crock. "The disadvantaged want the tools to help them become rich," Yeah sure, but more important is to keep the already rich mofos from stacking the deck against them. "A strong middle class makes the class warfare argument an anachronism" By "strong middle class" you must mean a middle class that is stable, secure and optimistic about the future. Check again. Is that the reality in the U.S.? "live more prosperous lives than their parents." Prosperity is a matter of perspective. I guarantee you that all your soothing talk doesn't change the anxiety and stress felt all though America at the state of current affairs. And you think it's not time to ramp up the "Class War." Mounting a "Class War" is like "Mounting a War" on tooth decay. Whether you get your war on or not, the bacteria keep growing. "Trickle Down Prosperity" is a crock. Give it up. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
