"Personally, I like the possible policy shift
from bailing out banks to bailing out manufacturing, but what
do I know?"
It seems like based on the discussions on this list, and on similar sites such as financial sense, that the economic principle guiding public action should be: bailouts make the problem worse, not better, and in fact, the bailouts are in large part the principle cause of our dilemma. So, it always puzzles me to see people here, and also on financial sense, then advocate the use of bailouts.
Seems like fascism is fascism, whether we are bailing out banks or production enterprises..ie, fascism is a linkage between state and business, for the furtherance of the interests of the state.
this seems quite different from the founding principles of the US, ie, the purpose of the state is to protect life, liberty and property...and not to foster growth in power of the state at the expense of the life, liberty and property of its citizens.
in other words, our new regime, like our current regime, does not represent US ideals, or a move away from fascism...
robin |
