SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (76762)3/24/2008 7:54:36 AM
From: Fiscally Conservative  Respond to of 116555
 
Well said. The American Public should wake up~! Why should the tax payer have to bail out these clowns. Instead they should all be held accountable and thrown in jail

What the Fed has done in the last week has not been done since 1930's and the Press rarely speaks about it.

Accountability? They change the bankruptcy laws for the average Joe but the Big guys get a parachute and a federal bailout. That is a huge double standard.



To: koan who wrote (76762)3/24/2008 1:30:08 PM
From: Oblomov  Read Replies (2) | Respond to of 116555
 
The neo cons want a totally Lazzie fair market free of government regulation. They say pure capitalism works perfectly without government regulation and then when it doesn't work, because the idea is flawed from the beginning, they ignore the reason, or make up a reason and then they want a government bailout.


(I going to assume you meant "laissez faire")

Presuming that you are using the term "neocon" properly (e.g. David Frum or Norman Podhoretz), and not merely as an epithet, this is absolutely untrue!

The neocons love the New Deal, and claim FDR to be the greatest President of the 20th Century. So the neocons have much in common with so-called progressives, which should not surprise us, since they go to the same cocktail parties in DC and NYC.

They think that one reason for government to exist is to regulate markets.

Contrast these beliefs with those of true conservatives or libertarians, and you will understand why many people on the right reject the possibility of political alliance with neoconservatives.