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To: Elroy Jetson who wrote (102025)	9/16/2009 12:35:12 PM
From: Hawkmoon	3 Recommendations Read Replies (2) \| Respond to of 116555

Perhaps you could outline your preferred big government solution. At least I can differentiate between "big government" and "big money". Ask yourself what role "big government" played in the most recent scandal? Did "big government", via it's regulatory authority, prevent, or enable, "big money" to leverage up to 40:1? Did "big government" facilitate an uregulated "bucket shop" we call the Credit Default Swap markets to accrue $500 Trillion in notional value? The "big government" that permitted Ratings Agencies to tell us they could collude with the Investment Banks to turn sh*t into gold by mixing Sub-Prime into Prime and giving it a AAA rating? Did "big government" prevent convicted felons from operating as mortgage brokers? mortgagenewsdaily.com I'm for a government that serves the people it claims to represent. We're not getting much of that right now, but maybe the recent outcry we're seeing from angry voters will get the message sent that it's time for government to fulfill it's role of preventing corporate greed from overshadowing the needs of the people that vote those politicians into power. At the same time, we have to prevent power hungry politicians from accruing economic power under their authority that chokes off private innovation and competition. And if they don't fulfill that role, throw them out of office and get someone who will do the job. Government has a role in regulating finance and business from harming the voters/taxpayers. It also has a role in facilitating technological research in areas where the private market lacks a profit motive for doing so. Without the government, we likely would not have our aerospace industry, the internet, or interstate highway system. So those few examples alone provide proof that "big government" can provide an economic benefit. But "big government" has no role, IMO, accumulating economic power to itself in areas where proper competitive private market forces can adequately provide goods and services. In fact, it's government's role to INSURE that competitive forces work and monopolies are prevented (or heavily regulated). You can support "big money" if you wish, but my perspective is that neither "big money" , nor "big government" should be permitted to accumulate inordinate control over economic forces that impact the taxpayers of this country. When either one, or both, get out of control, they need to be whacked hard. Hawk