Casino Crash: the end of neo-liberalism?

[tothatextent]

What a bunch of third-rate liberal idiots. The woman at the end admits that she does not understand what is going on, then assumes the role of decision maker - typical liberal. Nobody mentions the fact that the whole housing crash started with Jimmy Carter.

[HoGraz]

@tothatextent You must be clairvoyant. 

[CrowdPleeza]

Where do Fannie Mae and Freddie Mac fit into this?

Also if a lack of regulation was the problem then wouldn't it be a mistake to move to knee jerk over-regulation? Moderate regulation seems to be the more reasonable response now.

[punkasfuck1337]

Due to the nonexistent requirements for gasoline that bikes present, their use has become extremely prevalent among hippies and other tree huggrs under the illusion that they can contribute to cleaner air by peddling their stank asses around like rolling filth bombs In cities where the hippy infestations are particularly virulent such as Seattle, WA and Sacramento CA the smell of patchouli oil is inescapable even within the comfort of one's car on the freeway due to the number of hippes on bikes

[ngonea]

Yeah they even commodified my Ancesters, the first commodities to be sold on Wall St.

chickens do come home to roast,

[LastTrueLiberal]

It's ironic that you call our economy "free market fundamentalism" when it is the Austrian school, the free market school of economics, that has been more critical of the American economy then perhaps any of the other schools.

[LastTrueLiberal]

Before you central planners go on chanting "BURN THE WITCH! BURN THE WITCH! BURN THE WITCH!" first take a moment to stop, think, and understand that fixing interest rates at artificially low levels, encouraging borrowing, spending, adjustable rate mortgages, and home ownership, might create a few economic problems here and there.

[TheAutiger13]

thats how the housing crisis happened and it all started under Alan Greenspan and continued in the Bush Administration and The Obama administration is doing the same crap.

[LastTrueLiberal]

"Free market fundamentalism which we've lived with for twenty five years.." HA! We have a government which consumes half of this country's economy, borrows and spends without any traces of self restraint, believes that wealth can be created by exhausting a printing press, and FIXES INTEREST RATES, and yet STILL we maintain that there is a slight trace of a free market hidden somewhere beneath these instruments of central economic planning and total control.

[stringbean9000]

central banks suck, govts dont have a clue and consumers think going in to debt and needing both parents working is prosperity.

Peg the value of money to some actual assets instead of IOUs which lack of regulation lets increase exponentially until the inevitable timberrrrrrr.

[Anamixandre]

End of capitalism or darwinian mutation to capitalism 3.0: creative or cognitive capîtalism

[robwe359]

Capitalism sucks! It is just about who can be the most dishonest and get away with it. Profit is many times created when the resources needed for production were obtained at a too low price.

[Nightsblood192]

@robwe359 No today's corporate "capitalism" sucks, don't talk out of your ass because the foundation of capitalism built many great nations still standing today. Today, fake neo-liberal corporate assholes are taking advantage of this global market, and taking advantage of the smaller more poor countries usually selling out their own people for cheap labor and minimal profits ie. companies like Disney, Tommy Hilfiger etc... Today's use of the free trade market is not about competition anymore...