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10%+ unemployment thru 2015?
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sbark
Posted 12/13/2009 01:05 (#963419 - in reply to #963265)
Subject: Re: 10%+ unemployment thru 2015?


You view Fannie Mae & Barney Franks pushing home mtg debt at anyone who could not afford it as --not govt. intervention?
You view Bill Clinton loosening the 1930's Glass-Seagull act to allow Wall Street & Bankers to play with the derivatives from Fannie mae as ---non govt intervention?
You see Allan Greenspan's decade long artificial low int. rate environment which helped run up Comm RE & Home Value bubble---as non govt intervention?
You see EPA regs piled on Big 3 Auto, and protection of Union Labor costs on Big 3 ---as non govt intervention?
You see EPA regs and Legislation preventing Energy development in Oil, Coal & Nuc---as non govt intervention?
You see the threat of higher taxes, Cap & trade, Health Care yoke on small business as dis-insentive to new hiring---as non govt intervention?

good thing we are in a representative republic.......I'd hate to see a business environment in any other form of govt................We have the absolute worst form of govt---except for all the others that have been tried.........

"If capitalism screws up, such as these banks, you get more government. But when government screws up, you don't get more capitalism. You get more government!"
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