http://www.youtube.com/watch?v=7wusgcG4rfo
Or do they?
We'll probably soon find out.
Kinda embarrassing. I'm a huge Ronald Reagan fan, but he spoke without the perspective offered by the economic collapse caused by the policies that he (and I, and many others) supported. Originally Posted by blowpopYou're flat wrong about that. The anti-Reagan counter-revolutionary policies, including (among other craziness) liars' loans and near-exponential enlargement of government regulation regime (compare Federal Registers then, and now) kicked the legs from beneath the economy, then the looming dome of uncertainty of Obamanomics delivered headkicks.
You're flat wrong about that. The anti-Reagan counter-revolutionary policies, including (among other craziness) liars' loans and near-exponential enlargement of government regulation regime (compare Federal Registers then, and now) kicked the legs from beneath the economy, then the looming dome of uncertainty of Obamanomics delivered headkicks.So you think that the whole lack of government regulation on the lending industry had nothing to do with the mess we're in?
Gov. Christie has brought Reagan principles back to the failed state of New Jersey. Watch and learn as the New Jersey economy recovers. Originally Posted by Don T. Lukbak
Neither side of the aisle has a lock on wisdom or good policy. Originally Posted by blowpopJust those in the aisle.
It is people who cause fanancial problems, not regulations or the lack thereof. The liberal minded pretends that people do not know any better, so more regulation will "control" them. While the conservative pretends that people know better and need less "direction" in their affairs. Originally Posted by LexusLoverI don't think "knowing better" is the issue at all. I think it's the motivation for profit, which is what drives our entire capitalistic system. A good corporate executive is most concerned with maximizing return for his shareholders. Unfortunately, practices that lead to this are often at odds with the public interest.