Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (413310)	9/4/2008 12:10:43 PM
From: TimF	of 1577163

Its free markets that enabled two major negatives to happen to this country......the housing debacle and the energy freezeup The "housing debacle" is well connected to the actions of government, and in any case is the type of failure that markets can and have recovered from many times, if not blocked by the government. As for energy the market has responded more rationally and appropriately than governments usually have. Consider the price controls on oil and gas (and briefly on many other things) instituted by Nixon, the expensive failed "synfuels" projects of the 70s, the restrictions and delays on oil and gas drilling (and on other sources of energy, including the alternatives you seek) imposed by government... The political decision making is what gets rigid solutions, the market is more flexible.

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