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

To: Skeeter Bug who wrote (109894)	11/12/2007 6:25:20 PM
From: Freedom Fighter	Respond to of 132070

Skeeter, >the root cause, well ahead of the flawed banking system, was greed. see the recurring theme here? selfishness and greed fed the more recent bubbles in stocks and housing, too.<< With a sound banking system, the downsides of greed would be greatly limited. Now you can argue that the flawed banking system was put in place originally because of greed. I agree with that. But again, it does not have to be that way. The founders actually argued about some of this, but I don't think people really understood the flaws very well at the time. I suggest you do some reading at: www.mises.org and www.lewrockwell.com There are an endless number of good books on the monetary system, banking, the history of money, the causes of the business cycle etc....