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Pastimes : Discussion Thread
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To: c.hinton who wrote (1605)8/12/2008 2:21:53 PM
From: TimF  Read Replies (1) of 3816
 
the market blew it in 29 and again in 87.

The government (including the fed) blew it in 29 on in to the 30s.

As for 87, the market did pretty well in both the 80s and the 90s.

otherwise there is no balancing monied interests.

Big government is more likely to help monied interests by restricting competition (both directly, and in less obvious ways like increasing regulation which big companies can deal with better than small or medium companies, and which can be tilted to favor those with influence)
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