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| 5/17 |
| 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. |
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