View Poll Results: Bailout or Let the Market Work Itself Out?

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72. This poll is closed
  • Bailout

    22 30.56%
  • Let the Market Work

    50 69.44%
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Thread: BAILOUT: Yes or No?

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  1. #11
    Member Member Koga No Goshi's Avatar
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    Default Re: BAILOUT: Yes or No?

    Quote Originally Posted by Mangudai View Post
    You're oversimplifying in the extreme. Nobody is against all regulation, and nobody is for every conceivable regulation. The main divide is that republicans favor only regulation to protect the public safety, democrats also favor regulation to distort price incentives to promote the interests of the underprivileged.
    I absolutely am not, in the context of Republican control for the last 8 years and CR's insane piecemealed tack-on arguments to say this is all the fault of Democrats and minorities and "liberal pet projects." If Republicans believe there can be good regulation (debatable, especially considering the GOP's voting record), and also believed that Freddie and Fannie and the financial market needed it, nothing stopped them from sitting on their hands for 8 years and then, when the whole thing exploded, blaming it on Democrats. What great leaders on this issue.

    And, your characterization of the differences is very inadequate. The kinds of regulations various different Democrats may support can run the gamut and frequently DO cover issues like safety and public health, rather than just some imaginary oppress-the-whites pro-minority advocacy you seem to be implying. The only consistency, whatsoever, to what Republicans seem to support when it comes to corporations, laws, and regulation, is what's profitable for corporations who have significantly contributed to the current GOP congress, the GOP politicians up for re-election, or the present GOP administration. Iraq, for instance... stories about septic contamination of water the troops are receiving from private contractors connected with Cheney. Yes, I see the attention to care and safety there that you say Republicans support regulation for. Everything else, from checking social security numbers of employees to try to catch illegal immigrants, to minimum wages, to safety inspections (mine cave-in's of the last few years), is very expendable depending on who didn't want it, whose profit it hurts, and if that industry happened to give a lot of money to GOP politicians.
    Last edited by Koga No Goshi; 09-30-2008 at 23:39.
    Koga no Goshi

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