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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (7815)	4/28/2009 11:11:33 PM
From: koan	Read Replies (3) \| Respond to of 86356

There is a larger problem with unregulatd capitalism few ever consider. To a large degree it undermines democracy. It is important for all of us to remember, that demcracy is the single greatest invention of the human species and must be protected at all times. Economic systems and the character of our welfare state, will always change and evolve constantly, but it is important for us to always conduct that change within the frame work of a strong democracy. >>koan, another name for the last 8 years is "crony capitalism". It's very similar to fascism and has very serious consequences, as we just found out. What I find unbelievable is that the very people who created this economic calamity are now upset when Obama applies the medicine to fix it. Shows you how diminished the GOP has become. It really is a shadow of its former self. Having said that, there are still some good GOP members left. I still like Huckabee, for one. He's a big believer in renewable energy.<<

To: RetiredNow who wrote (7815)	4/29/2009 6:54:56 AM
From: Brumar89	Respond to of 86356

Yeah just look at the connections of the Fannie Mae and Freddie Mac board members. Talk about crony capitalism. Political stooges running both companies. Franklin Raines, chair and CEO of Fannie Mae, after being Clintons budget director. A Harvard Law grad, advisor to Obama. JAmes Johnson, the chair and CEO of FMN before Raines, a Mondale staffer. Chaired Kerry's VP selection committee, helped Obama on same issue during his Presidential campaign. Rahm Emanuel - Freddie Mac board during a period it falsified earnings. Barney Franks boy friend was an exec at Fannie Mae. The above off the top of my head.

To: RetiredNow who wrote (7815)	4/29/2009 6:54:59 AM
From: Brumar89	Respond to of 86356

Yeah just look at the connections of the Fannie Mae and Freddie Mac board members. Talk about crony capitalism. Political stooges running both companies. Franklin Raines, chair and CEO of Fannie Mae, after being Clintons budget director. A Harvard Law grad, advisor to Obama. JAmes Johnson, the chair and CEO of FMN before Raines, a Mondale staffer. Chaired Kerry's VP selection committee, helped Obama on same issue during his Presidential campaign. Rahm Emanuel - Freddie Mac board during a period it falsified earnings. Barney Franks boy friend was an exec at Fannie Mae. The above off the top of my head.