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


To: ChinuSFO who wrote (134855)7/26/2013 8:14:16 AM
From: RetiredNow  Read Replies (2) | Respond to of 149317
 
I agree we need to focus on joblessness, but Quantitative Easing does nothing for joblessness. Everyone thinks the government and the Fed are the ones that need to do something about joblessness. What if that turns out not to be true? What if it is entrepreneurs, and small and large business owners who are the ones who have the most power to create jobs?

Somehow along the way, we've become a giant nanny state, where everyone keeps screaming for the government to help them. The government has helped us into joblessness. Time for the government to get out of the way.

As to your comment about not suing the bankers, you and I have always fundamentally disagreed on the nature of the Rule of Law and the importance of ensuring this country remains one where the Rule of Law is enforced. I know many immigrants to this country do not believe in equal justice under the law, because they never saw that in their own countries and they expect this one to be the same...corrupt. Well, they are getting their wish. This country has decided that the Rule of Law doesn't matter and that we can selectively choose which laws to enforce. The result is corruption on a massive scale and an impoverishment of the 99%.

Laws are not created to be conveniently ignored when it is expedient. Laws are created to be enforced at all times to achieve the purpose for which the law was enacted. When a banker commits a crime, he must go to jail, not let off scott free just because we're afraid of the financial consequences. The consequence of letting all these guys off scott free was predictable. We now have more debt, more risk taking, and more corruption than in 2008. Not only was the problem not solved, but it is worse now, and we are being set up for another, even larger and nastier fall.

And who will get hurt the most as usual? The 99%. The 1% never worry too much about these things.