I feel so special, being summarily dismissed because you felt that I am among the “handful of liberals who think they have a strong argument.” Wow – really?
At least if nothing, I hope I am beginning to break down a barrier or two about ‘pigeonholing’ people.
You think it odd that someone could be here on the power of her convictions? That perhaps I am not going to run from you, Bryan, David, Shag, or the other more conservative members of the forum? And that there are going to be times that I agree with you?
I may argue differently, but I feel effectively. You don’t always have to carry a big stick (this is in reference to Shag – who rather enjoyed my ‘big stick’ comment) to get your point across.
And you may discredit my ‘cutesy panter’ (still don’t have a clue on what panter is…), but many times people will remember what they laugh at rather than a long dissertation on political thought. (but, ignore that last bit - because what follows is long, somewhat dissertation like, and obviously political)
So, you are looking at my ‘opinion’ on the bailout?
I love the free market system – capitalism and communication (the media) is changing the world far more effectively than wars ever could. It ended the cold war, and if we allowed it, it could end the war in the middle east.
But, I digress….
Economics is my real weak point – I currently allow others to have control over my own money…
I believe however for the free market system to work, it pretty much has to retain that “free” aspect. Minimal interference from government. However, there are some common sense safeguards that probably should be put into play.
Because I also believe in greed. Good and bad. Greed can play towards good, but too often it goes down the path of bad.
Human nature. And I believe that the founding fathers wanted us to be better than what our ‘nature’ tends to be. They weren't afraid of invoking laws that aimed us down a path that would let us be better 'humans'.
So, perhaps in this case – human nature got the better of a few individuals, and that is where I feel that either watchdogs with power, or 'real' regulations need to be set up.
But, money makes the world go around… All that money, powerful people, regulation that was wrong, being ignored, or just broken, and no penalties other than a slap on the wrist (I sort of equate this with the S&L bailout in the 80s). A really bad mix.
And we, the people, were left with a false sense of security that things were all right – the government was ‘watching over it’.
So yes, when you state that regulation could be at fault, you are probably right. But, I think it is also the perception that some people in power have that the rules don’t apply to them, that they know better, that they are looking out for number one (human nature). If the regulations are never enforced, enforced badly, or onesidely, then they are bad. NO matter what the original intention of the regulation was.
I think there are good regulations out there – and that there needs to be some (once again, that nasty old human nature). But, they also need to be enforced, fairly, without prejudice. And reviewed often, because yes, the world is changing, and fast.
I do believe that the government will end up doing something – to release the credit stranglehold. But, a 3/4 trillion dollar check, controlled by the same group that got us into this mess – no way.
And of course there needs to be an investigation with clout.
This time there needs to be more than a slap on the wrist – we need to make real penalties, things that mean something to the people that were responsible. I don’t care if they are friends of the Clintons, Bushes, Cheneys, whatever – I bet there are ties to many.
This problem will go across all parties – so let’s not drag that into this right now. They all spend too much, they all have agendas that have nothing to do with the people they represent, they all bow down to the pressing need of money in the current election system.
And we have let them do it.