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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (143848)	10/28/2008 5:33:42 PM
From: geode00	Read Replies (1) \| Respond to of 173976

$1.6 trillion in tax breaks is what...chump change? If the 'rich' don't like the tax situation then why don't they pack up and leave for an island somewhere? They have the means to protest. Shoot, corporations do this all the time. This isn't a short term financial problem, this is a problem 30 years in the making. The ideology, unsupported by evidence, that somehow 'capitalism' and government are at opposite ends of the spectrum is pure nonsense. Capitalism, the kind that is sustainable and stable over a long period of time, requires government to protect it from the worst players of monopoly, corruption and the like. This financial crisis is simply another in a long line of crises. It is the worst but, then again, we've had more than a generation to create it. I don't know exactly how serious it is (does anyone) but if isn't really as serious as Paulson et al make it out to be then we are suffering through massive extortion by banks, insurers and the like.