Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
What Caused the Financial Meltdown?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="wkmac" data-source="post: 406469" data-attributes="member: 2189"><p>To Moreluck's point about Congress staying and working. I disagree. The more gov't works the more mess we get ourselves into. Both AV's post from Youtube and Anon's post of the President's remarks IMO prove the case in point. Now IMHO both AV and Anon seem to be pointing more the blame at one side than the other (it's what we do <img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" />) but the fact is both sides are to blame in all of this. But to AV's video post which let me say, Awesome find there AV! But to the video, so until gov't passed legislation there was so to speak, no market. Gov't via legislation in affect creates a market and the so-called private sector moves to begin to fill it, Bear Sternes in this case seeming to be the first followed later by others.</p><p> </p><p>So, who really caused this bubble to begin with, the free market? or gov't intervention into the market? Who actually put the ball in play to begin with? Seems to me who needs regulatiing is the gov't itself and since we've not managed to do that at all. the next best means to regulate is for them to stay home. I say let Congress stay home until at least 9 more days from now after the Day of Atonement and then by then we can find another religious Holiday (Holy Day) to put them out of work on. I figure if we can squeeze this thing out till Thanksgiving, we can manipulate the western civilization holidays well into the next year and at least give us another 3 months of non-intervention in the market place which lets the markets equalize a bit allowing the bad apples to hit the ground and rot. </p><p> </p><p>Audit the Fed!</p></blockquote><p></p>
[QUOTE="wkmac, post: 406469, member: 2189"] To Moreluck's point about Congress staying and working. I disagree. The more gov't works the more mess we get ourselves into. Both AV's post from Youtube and Anon's post of the President's remarks IMO prove the case in point. Now IMHO both AV and Anon seem to be pointing more the blame at one side than the other (it's what we do :happy-very:) but the fact is both sides are to blame in all of this. But to AV's video post which let me say, Awesome find there AV! But to the video, so until gov't passed legislation there was so to speak, no market. Gov't via legislation in affect creates a market and the so-called private sector moves to begin to fill it, Bear Sternes in this case seeming to be the first followed later by others. So, who really caused this bubble to begin with, the free market? or gov't intervention into the market? Who actually put the ball in play to begin with? Seems to me who needs regulatiing is the gov't itself and since we've not managed to do that at all. the next best means to regulate is for them to stay home. I say let Congress stay home until at least 9 more days from now after the Day of Atonement and then by then we can find another religious Holiday (Holy Day) to put them out of work on. I figure if we can squeeze this thing out till Thanksgiving, we can manipulate the western civilization holidays well into the next year and at least give us another 3 months of non-intervention in the market place which lets the markets equalize a bit allowing the bad apples to hit the ground and rot. Audit the Fed! [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
What Caused the Financial Meltdown?
Top