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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (80242)3/22/2007 9:22:55 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'..nobody is interested in letting the market work - they all think THEY know better. it is one of the measures of how deeply down the path toward socialism Western allegedly 'capitalist' democracies are.
one of the trade-offs one has to accept if one wants liberty is personal responsibility. a willingness to LET the market work, to allow it to punish foolish decisions.'

Both parties are going to screw it up. Republicans had complete control, too much socialism in fostering a debt based ownership society with no practical oversight in the post 9/11 world. The Democrats probably take the ball and run with it creating new safety nets rather than letting the free market work..