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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Mary Cluney who wrote (3427)	12/21/2007 9:50:10 PM
From: TimF	Respond to of 42652

The way mortgages are dealt with in the US is hardly an example of unfettered capitalism. You get a targeted tax break for mortgages, you get the fed pumping liquidity in to or out of the system, including bailouts, and at various times you have pressure to lend to as many people as possible, than later pressure to shore up lending standards. All sorts of government intervention going on there.

To: Mary Cluney who wrote (3427)	12/22/2007 7:37:01 AM
From: Lane3	Read Replies (1) \| Respond to of 42652

unfettered capitalism Mary, please consider giving up your "unfettered capitalism" straw man. No one is suggesting unfettered capitalism. The choice is between fettered capitalism and fettered socialism.

To: Mary Cluney who wrote (3427)	12/24/2007 11:39:07 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 42652

OT: First problem: the article was written by whacko leftwinger Krugman; second problem: it was written it totally partisan New York Times; third problem: all of the arguments he made. For Example: "But homeownership didn’t broaden.” This is a total unmitigated lie. There have never been higher levels of home ownership, including minority home ownership. Why would anyone repost anything written by a liar? "Meanwhile, during the bubble years, the mortgage industry lured millions of people into borrowing more than they could afford," Recent studies have shown that the mortgage industry has been widely victimized by unscrupulous borrowers who lied on their mortgage applications with difficult to verify claims of income or by not reporting difficult to verify loans. "where were the regulators as one of the greatest financial disasters since the Great Depression unfolded?" Interesting question, but irrelevant to the discussion. The housing bubble that has caused minimal damage to our economy is suddenly elevated to a greater crisis than the dot com bubble that nearly destroyed our economy. Who reads this stuff and takes it seriously? "Mr. Greenspan wasn’t the only top official who put ideology above public " Nope, the democrats have done that relentlessly for the last two years. Where is the condemnation of Harry Reid? Nancy Pelosi? Hillary Clinton? Etc.? "now that it has all gone bad, people with ties to the financial industry are rethinking their belief in the perfection of free markets" And who is going to save us after government destroys the greatest medical system in the world? Who is going to dismantle the government regulation that makes qualified people uninterested in medical careers? "Given the role of conservative ideology in the mortgage disaster" Huh? Where does he dream up this stuff? What an idiotic thing to write. Who takes this stuff seriously? What honest news paper would even consider this guy for obits?