True, but derivatives grew tremendously during Bush administration and anti-regulation is part of the Republican platform. However, money buys access and favors no matter which party is in power which is why I really dislike underserved accumulation of wealth. This is supposed to be a democracy not a plutocracy/cleptocracy. Wealth should go to those that move society ahead (growth businesses and breakthrough technology), not caretakers and parasites.
The key issue here is that a democratic government is answerable to everyone while a business answers only to it's owners and immediate customers who are still in reach. I believe in democracy first capitalism second. Both are flawed because they depend on balancing human flaws to come up with what is the best overall course to benefit everyone. Both can be warped from the fair path by an accumulation of power, but that is easier in the commercial field. There are no better alternatives in my view, but democracy should stay preimminent.
Regards,
Mark
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The whole thread (52 posts)
- Obama buttmonkeys: "The Recession Is… Over?"
- I have been saying since early this year that the Recession would be over in July.
- Heard on the news a couple of days ago.
- You're buying this?? (n/t)
- Look at it this way.
- You can look at it this way, too.
- "...people will believe them" Maybe.
- Bush didn't sign into law all those budgets and spending bills?
- re: "...people will believe them" Maybe.
- The difference between public and private sectors.
- Who ever said it was "good?"
- Republicans
- Businesses are people.
- And then those taxes are squandered....
- re: Businesses are people. - True and False
- Corruption and power
- Absolute Bull
- I must admit Marsby
- That's what the government will keep telling you.
- And Historians (n/t)
- Big Business
- re: Big Business - No
- Um...you might want to go over that post again.
- Big Business
- And Historians (n/t)
- Absolute Bull
- Corruption and power
- Businesses are people.
- Republicans
- Who ever said it was "good?"
- The difference between public and private sectors.
- "...people will believe them" Maybe.
- You can look at it this way, too.
- Look at it this way.
- Return of the Buttmonkeys
- I have been saying since early this year that the Recession would be over in July.