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2010-01-27 Home Front: Politix

Jim Cramer hits a nerve--Feedback wanted

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Posted by logi_cal 2010-01-27 07:19|| || Front Page|| [4 views ] Top

#1 The second comment is a pretty good analysis of what went wrong in the GFC.

Otherwise, the usual emotional irrational Leftist reaction to criticism.

Posted by phil_b 2010-01-27 08:32|| 2010-01-27 08:32|| Front Page Top

#2 Hmmm. Does it have anything to do with the site MSN? Is that a site for left-thinking surfers? I don't go there and don't know the usual speel of comments. But it seems that that site attracts moonbats versus patriots.

Posted by Jack is Back! 2010-01-27 09:18|| 2010-01-27 09:18|| Front Page Top

#3 The problem ignored by most of these types and only vaguely hinted at by most commenters is that our problems were not caused by capitalism. They were caused, and exaggerated, by corporatism (aka crony capitalism, rent-seeking, fascism)

It is the system where big corporations like GS and Bear and Citi make their money by gaming the political system rather than playing in the true free market world that has caused this mess.

Regulations should basically enforce fairness and transparency in the market, NOT, look to prop up some at the expense of others, even when those others are the ones paying you off with campaign money.

Posted by AlanC 2010-01-27 11:53|| 2010-01-27 11:53|| Front Page Top

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