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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (413273)9/3/2008 7:21:27 PM
From: tejek  Read Replies (2) of 1576129
 
Markets work well—not perfectly, but well—because they are not engineered from the top-down. They are chaotic. They encourage experimentation. They allow mistakes. In markets, even the mighty can fall. Not so in regulated markets.

Its free markets that enabled two major negatives to happen to this country......the housing debacle and the energy freezeup. Free markets discourage gov't regulation......hence the housing mess. Free markets were unconcerned that oil may be running out and discouraged the development of alternative energy sources until to late......hence the current energy crisis.

Tim, you and your cohort put too much faith in free markets. I am tired of such rigid thinking. Its really fukked this country up the last 8 years.
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