tag:blogger.com,1999:blog-5341387552436652040.post4109606996897850941..comments2023-08-23T08:38:39.866-04:00Comments on NECO DRACONES: Blabbings of a Part Time Political-Economic DilettanteDubbahdeehttp://www.blogger.com/profile/00075702513873912334noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5341387552436652040.post-27590143423245563582008-10-01T16:51:00.000-04:002008-10-01T16:51:00.000-04:00One more thing. I don't want to only pile on the D...One more thing. I don't want to only pile on the Dems. I have no confirmation, but 'others' imply the Bush Administration did not really push the Fannie/Freddie thing because of their pursuit of Hispanic voters... grrreeaattt!<BR/><BR/>RonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5341387552436652040.post-90341602394370603242008-10-01T16:48:00.000-04:002008-10-01T16:48:00.000-04:00Ok- this seems a bit of a propaganda piece, but it...Ok- this seems a bit of a propaganda piece, but it was sent to me and backs up some of my thoughts. For what it is worth:<BR/>http://www.youtube.com/watch?v=1RZVw3no2A4<BR/><BR/>Still ranting,<BR/>RonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5341387552436652040.post-71766240920459351842008-10-01T12:59:00.000-04:002008-10-01T12:59:00.000-04:00Enron collapse = $60 billion more or less. Big inv...Enron collapse = $60 billion more or less. Big investigation, people go to jail. Reason- bad accounting practices. Result- Sarbanes/Oxley Bill.<BR/><BR/>Credit Crunch (Fannie Mae, Freddy Mac) = $700 billion !!!. No investigation called for. No one going to jail. Responsible people not villified, rather are economic advisors to Obama campaign. Reason- a government run agency that was not under Sarbanes/Oxley. <BR/><BR/>Ron<BR/>Still RantingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5341387552436652040.post-52961847575410253242008-09-30T14:26:00.000-04:002008-09-30T14:26:00.000-04:00I think we are in agreement. I am not an anarchist...I think we are in agreement. I am not an anarchist. My problem is that our problems seem to stem from government incompetence and corruption, yet the powers that be blame the private sector with the pretense of more government control and take over. <BR/><BR/>Did you see the video? You have to see this. It will MAKE YOU VERY MAD!! They knew all this would happen four years ago and did nothing. Yes, the Dems were blocking it, but where were the Repubs yelling from the rooftops? I blame them all. Lets clean house.<BR/><BR/>RonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5341387552436652040.post-63011698397296494042008-09-29T16:43:00.000-04:002008-09-29T16:43:00.000-04:00You have just begun to rant. Don't stop now. You a...You have just begun to rant. Don't stop now. You are just getting warmed up. <BR/><BR/>My point, of course, is that very few people really have the stomach for a true free market. Personally, I think that's OK. <BR/><BR/>The key of course, lies in the KIND of laws used, and in the AMOUNT of law used. I suspect that it is best to use the most efficient laws possible so that you can get away with the least amount of laws possible. <BR/><BR/>The idea is to set up the laws properly to encourage the right kind of market behavior, and discourage the wrong kind. Ultimately, ISTM, free markets are not about lawlessness. It is impossible to have markets without laws in a civilized nation. Market w/o laws (let's call them "natural markets") are rather like a field untended. There's lots of fecundity there, but it is unharnessed and will not yield much of use to anyone except the wild animals. What we want to call "Free Markets" are more like a cultivated garden. There are limits, the garden is weeded, plants are pruned. Put the gardner also puts up trellises so climbing plants can climb. He stakes the tomatoes, and fertilizes the plants. He lets plants go free in the best direction to create a bountiful and beneficial harvest for the gardener (the citizenry). <BR/><BR/>What kind of laws are those? What do I know? I'm a frikkin part time dilettante, for cryin out loud.Dubbahdeehttps://www.blogger.com/profile/00075702513873912334noreply@blogger.comtag:blogger.com,1999:blog-5341387552436652040.post-51587075654032451682008-09-29T15:06:00.000-04:002008-09-29T15:06:00.000-04:00From an AP article about the defeat of the bailout...From an AP article about the defeat of the bailout:<BR/><BR/>In her speech, Pelosi had assailed Bush and his administration for reckless economic policies. <BR/><BR/>"They claim to be free market advocates when it's really an anything-goes mentality: No regulation, no supervision, no discipline. And if you fail, you will have a golden parachute and the taxpayer will bail you out. Those days are over. The party is over," Pelosi said. <BR/><BR/>"Democrats believe in a free market," she said. "But in this case, in its unbridled form, as encouraged, supported, by the Republicans — some in the Republican Party, not all — it has created not jobs, not capital. It has created chaos."<BR/><BR/>Read this in contrast to the YouTube link I put up. Evil is the word I come up with.<BR/>RonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5341387552436652040.post-53799117066316549612008-09-29T12:41:00.000-04:002008-09-29T12:41:00.000-04:00You might want to watch thishttp://www.youtube.com...You might want to watch this<BR/>http://www.youtube.com/watch?v=_MGT_cSi7Rs<BR/><BR/>RonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5341387552436652040.post-12744399881346904752008-09-29T11:58:00.000-04:002008-09-29T11:58:00.000-04:00Of course, "free market" seems to mean different t...Of course, "free market" seems to mean different things to different people. Our crisis is not really a free market crisis. Much of the problem had to do with government policy in regards to sub-prime mortgages AND a willingness to print vast amounts of money. This is not private sector stuff. <BR/><BR/>The price of energy has also contributed to the lack of money to pay off debt. Who do we thank for the high cost of energy? That's right- the government, not the free market. <BR/><BR/>The cost of health care continues to soar, why? The medical profession and hospitals are not in the free market. The government regulates them in a way that ensures higher and higher costs and profit. Thanks Uncle Sam.<BR/><BR/>Bush's tax cuts helped the economy, but state and local taxes have gone up. Our city decided to reasses our homes at a few year back, when the price of homes skyrocketed. Wages have not increased, but our city seems to confuse the value of a home with the ability to pay more on taxes and utilies. Thanks government!<BR/><BR/>It is a joke to hear Senators running for President, when neither is willing to concede they have been a huge part of the problem. Do we really want our government to "solve" these problems?<BR/><BR/>Alright, I am done ranting.<BR/><BR/>RonAnonymousnoreply@blogger.com