Berkeley CSUA MOTD:Entry 49577
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2025/05/23 [General] UID:1000 Activity:popular
5/23    

2008/3/26-28 [Politics/Domestic/President/Bush] UID:49577 Activity:low
3/26    The Republican party preaches self-reliance and responsibility.
        The bail out of Bear Stearns seems to contradict these points.
        They're not self-reliant anymore, and they don't seem to bear
        any responsibility. What's up? Will someone who voted for
        George W Bush explain to me what self-reliance and responsibility
        mean?
        \_ Nice straw man.  The only reason for the gov't to get involved in
           this is to provide liquidity--had this happened in the 20's, we
           might have avoided the problems back then.
           \_ Providing excess liquidity was what caused the problems in the
              20's in the first place. The government was involved all through
              the 20's and 30's.
              \_ No it wasn't.  Read "The Forgotten Man"
                 \_ Yes it was. "The Forgotten Man" doesn't refute this and
                    isn't the authority anyway.
        \_ No cookie.
2025/05/23 [General] UID:1000 Activity:popular
5/23    

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