Second, this GOP is not my GOP and they are decidedly NOT for free markets.
Oh yes they are. Oh yes they are. They are corrupted but they are still the party of free markets unleashed.
There was little to no regulation of industry under Bush. There was no expectation that gov't can do good things, create new industry and prevent problems. We saw the results.....Madoff, banks gone crazy, dangerous derivatives, people snookered, etc..........that's a very common result when free markets are given full reign. Banks failed after Bush because bankers were allowed to run amok. The same thing happened after the Reagan era when the savings and loans ran amok.
The fantasy of free markets is a myth along with many other myths perpetuated by the GOP. Other GOP myths.....that the rich love us and want the best for us; that give the rich a tax break and it will trickle down to the masses; that white Christian people are good, that free markets are fair and will benefit everyone; supply and demand is the best way to determine salaries, etc. All crap......lies perpetuated to maintain the status quo for the elites in this country. For the past 30 years or so, the rich have gotten richer at the expense of the rest of us. A very small percentage of people control more and more of the wealth in this country. This is what causes revolutions.
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.
You may believe this but that's not what most conservatives in this country believe. BTW home buyers are not getting bailed out........they are choosing to walk away from their homes and ruining their credit. Americans have become very facile and that may well be our undoing.
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.
Most Dems in this country are just as unhappy as you are. This country did not have the choice to do as you say......teach the rich tough love. If we had, it would have brought down the world economy. America's form of capitalism had unleashed a virus on the world. That virus would have spread and thrown the world into a global depression unless we took drastic measures. To make believe that wasn't teh case is very disingenuous.
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.
I don't know who told you that the FinReg bill is a sham but you need to listen to the CCs of banks and get their perspective on the bill. They are none too happy.
If you want governmental 'perfection', you need to move to China and try to get into the gov't and work your way to the top. That you will be able to get everything your own way.
Democracies are messy.....they rarely do things perfectly because every move is based on a series of compromises.
Obama is the best president in decades. This Congress is better than the ones under Bush. We let the Republicans back into power this fall when they have done nothing to rehab their party and come to terms with their incompentence, then we are fukked........big time! I will seriously consider leaving the country. |
