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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (109853)11/9/2007 7:20:54 PM
From: Freedom Fighter  Read Replies (1) | Respond to of 132070
 
KT,

I just explained that.

Capitalism has some imperfections that are exploited by people who do not like it in order to gain power for themselves and to make the world into an image they prefer. The powerful corrupt people go along with the program because they can gain even more.

The "fish" don't even understand the issues. They vote in ignorance.

If Mises was in charge, we wouldn't have had a depression to begin with. There would have been no Fed, no easy money, and more importantly, no fractional reserves. The banking system would have been sound and there would have been no bubble.

Also, the corrupt and left of the time would not have been able to blame it on capitalism instead of the structural flaws in the banking system that have been around for a very long time because of greed.