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


To: TimF who wrote (144341)10/31/2008 2:47:04 AM
From: geode001 Recommendation  Read Replies (1) | Respond to of 173976
 
He's blaming the home owner when it is clear there was also a tremendous amount of fraud and stupidity on the part of the mortgage and real estate professional. Right now the government is bailing out the pros but doing relatively little still about the individual home owner. By the time it gets around to doing anything, it may be too late anyway.

Subsidizing schools is done all the time by people with no children in school but with property to tax. Subsidizing an idiotic war is done by all of us even though it is for the benefit of oil companies. Subsidizing car companies even though we never buy their products is done by many of us as well. It happens all the time. So you are advocating the silly libertarian ideology that says everyone is on their own except for defense and police?

That's pretty much where you are going right?

Who is screaming about homeowners? All the screaming is about the financial system that gambled on CDOs. Where the hell have you two been?

There is virtually no addressing of the high rates of medical spending particularly by the right wing. The answer Republicans have is to make sure the government can't negotiate drug prices. The way to address medical spending is to reduce costs by making the system better and spreading the costs over the entire population. It also helps to have better medical schools turning out more doctors who can actually practice without killing and maiming people.

He doesn't have specific facts, just gripes mixed in with some misplaced anger. I didn't change the topic, you brought up this article.

Baloney. The 'free' market is a theory and nothing more. It exists in the ivory tower and not in real life. I find it amazing that people still believe in this notion especially after the blow up.

First you say this:People act stupidly in free markets as they do in any other system.

Then you immediately say this:People act stupidly in much greater numbers when government policy and pressure creates perverse incentives for their actions as it did in this case.

So is this the free market or not? You can't even decide.

"they just don't want government to do/control/spend/intervene as much as most governments do now."

That's so vague as to be meaningless. It is simply a complaint and nothing more.