El Pinko
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Wed Aug-06-08 10:33 AM
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Poll question: Who's more to blame for the debt/speculation/bubble that's destroyed the dollar and our economy? |
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Edited on Wed Aug-06-08 10:36 AM by El Pinko
Who's more to blame for the debt/speculation/bubble that's destroyed the dollar and our economy?
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bryant69
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Wed Aug-06-08 10:36 AM
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1. that last one could be reworded |
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" Both are to blame and neither are to blame - the inherent flaws of capitalism have eventually caught up with American Capitalism - this crumbling is no surprise and should be applauded as it will hopefully lead to an abandonment of predatory capitalism and and ousting of the corporatist class." Bryant Check it out --> http://politicalcomment.blogspot.com
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El Pinko
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Wed Aug-06-08 10:40 AM
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2. I'm not inclined towards wishful thinking. |
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For now, we will have to settle for Hope® and Change™. (IE, a repeat of the Clinton years, and that's only if we're UNBELIEVABLY lucky. Hell, we may be lucky to have a repeat of the Carter years the way things are heading...)
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sinkingfeeling
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Wed Aug-06-08 10:43 AM
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3. In all fairness, I blame St. Ronnie for starting the 'trickle down' economic theory, privatizing |
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government functions, reducing regulation, and the birth of 'debt capitalism'. The Bushes carried on. Bill Clinton failed to counter this trend effectively.
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ellenfl
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Wed Aug-06-08 10:59 AM
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aspergris
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Wed Aug-06-08 11:16 AM
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for fuck's sake, i have to repeat this ad infinitum and people STILL DON'T get it.
debt/speculation/bubbles have formed (and popped) for centuries.
it is NOTHING new.
it is the NATURE of capital markets. in the long run it's part of a healthy process of price discovery.
morons who chase bubbles will of course get slaughtered. that's their frigging fault.
we have had bubbles in economies for CEN-TU-RIES.
study markets.
plus ca change.
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El Pinko
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Wed Aug-06-08 12:37 PM
Response to Reply #5 |
6. Then your answer is essentially #4. |
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Thank you for your smug little reply.
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Wed May 01st 2024, 11:19 AM
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