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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: tejek who wrote (261650)7/18/2010 9:17:18 AM
From: RetiredNowRead Replies (2) of 306849
 
First, the Dems have a choice as to whether they want a bill that doesn't solve the root causes. Instead, they chose to move forward with a bill that's worthless.

Second, this GOP is not my GOP and they are decidedly NOT for free markets. This GOP believes in socialism for the wealthy and unregulated free markets for corporations. That isn't even close to the free markets I believe in. I believe in regulations and enforcement and I do NOT believe in laissez faire. But I do believe that our government should not bail anyone out and should not interfere with the wiping out of investors who take too much risk and home buyers who buy too much home. Let the risk takers burn for their foolish risks. The sooner the better. Free markets ensure that those who take too much risk are wiped out. That resets the markets so they can continue on a path of sustainable growth.

Your DEM markets are terrible. Your markets are ones where the wealthy are bailed out and where the wealthy pass on their errors to the masses by allowing our government to buy up their toxic assets. All the wealthy criminals who created this mess are still wealthy and Obama and the Dems enabled that. My free markets would have put them in bankruptcy, wiped them out, and put them in prison afterwards for their fraudulent, criminal activity.

Where's the WS and bankster perp walk under Obama and the Dems? It doesn't exist. Instead, WS and the banks got their way again with this sham of a FinReg bill. Did the GOP gut the bill? Yes. Were the Dems complicit? Yes. If the Dems were honest, they would have screamed to high heaven about how the GOP was blocking any meaningful reform and they would have refused to move forward with anything less than a reinstitution of Glass-Steagel and derivatives regulations and exchanges with no exceptions. But they caved and when they did that, they lost all of their integrity and they lost all the remaining votes of centrists and independents like me.
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