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.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (68895)1/27/2010 11:59:59 PM
From: koan  Read Replies (1) | Respond to of 149317
 
The were not talking about chartiable corporations.

For the last 30 years our country has been operating under the illusion capitalism needs no regulation. What people failed to understand is that unregulated capitalism literaly undermines our demcoracy.

Democracy has to be in control of capitalism at all times.

When we enact laws that make corporations more powerful than people then the people are in danger. In the early 1900's workers were treated like dogs. Unions gave the people an opposing force to counter cruel employers.

Glass Steagal protected the banks for 60 years.