Added: 4 years ago
From: TheYoungTurks
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  • If we eliminate regulations for oil companies here in the U.S., prices will go down at the pump. Allow companies to dump toxic oil waste into open pits (or) shoot it into the water table and the cost of disposal will be dramatically reduced.

  • There shouldn't be bailouts either

  • this is bullshit.

  • After seeing this--- I'm wondering why Air America went bankrupt- this is quality stuff-----bahhhhhhhhhhhhh

  • Whatever some Republican ideologues believe, their philosophy has been co-opted to help out the few super-rich. Those still sticking to it, and ranting idiotically about communism, are simply ideologues who have become stuck in a philosophical broken record. Change and adaptation is vital to survival.

  • The truth is the best life for you and your family is to take this power away from the few and give it back to the people in a freer society. The constitution was written clearly, to restrain the force of government and to defend the rights and liberties of every single citizen. Don't let him convince you into voting for a national federal government that will, just as history repeats itself, reduce your prosperity and freedoms. The democrats and republicans both suck! Vote libertarian!

  • What this guy doesn't understand is that the rich bankers usually make the regulations favoring themselves. This guy is so blind to this but he'll keep fighting to give some unknowing identity his liberty! People like him live in a Neverland world, it's unattainable. He believes that people should have perfect regulations and that it is possible through government....HA!

  • Ron Paul is a real American republican and he would never give money to rich bankers in a bail out! Neo-conservatives are supply-side modern liberals whereas the democrats are demand-side liberals. It's either welfare state or the choice of McCain's big business welfare. Both options suck and are unAmerican! The truth is a real republican understands that welfare should be at the local or state level, not KGB'ed through the federal jurisdiction, if at any!

  • Ron Paul is awesome. I say that and I am a libertarian. I hope he wins in 2012

  • Does this guy not understand that government regulation does not reduce risk!!!! This is a horrible reason to bow down to D.C. politicians, in essence spitting on state's rights! There is no correlation between centralized federal national government regulation and reducing investment risk! This guy does not understand the real world or the fight we face once our government has stripped us of our once was free American society! Free markets aren't the joke, thinking government will help us is!

  • It's funny how usually the government regulation leads to businesses going out of business....leading to what....more government bail outs. In this process the government not has more control over both the business and the money supply! Oh.....why does there NEED to be a bail out? Why does a monopoly government have to take over our civil liberties? The answer is they don't and we would be more prosperous without these bailouts clinching our economy's balls!

  • Government regulation doesn't reduce investment risk. What is this guy talking about? Regulation usually comes in and increases cost, increasing risk more than reducing it. Does this guy think that government can just reduce all risk? Why don't they just step in everyday and do all our business for us that way reducing all risk! This is ridiculous! Government regulation leads to unemployment, inflations,or worse both(stagflation). It leads to shortages, bankruptcy, reduction in efficiency!

  • Government, the most unfair tool at the disposal of mankind! Where people get the idea that government is fair and caring just blows me away! Just to let you know these people who rush in to supply-side economics are just as stupid as the ones who run in demand-side! These people are neo-conservatives(different kind of modern liberals) They just happen to have taken over the paleo-conservatives party. They are often associated on the right-wing but they are really big government pushers!

  • thanks. this is spot on.

  • what have they done that has helped what makes them any better/different than society? ARE THEY NEEDED??

  • man this guy tells the economy in a bitesize way.....yea reps ''get the fuck otta here''

  • But, when you ask them if the gov't should bail out homeowners who've defaulted on their mortages, OOOOH NOOOO! Can't do that! Even tho most people stand to lose MUCH MORE money in the loss of value of their homes than they do in the measley savings accounts! LOL! Most people don't even HAVE saving accounts! Goes to show how very very good/effective the elite have become at brainwashing the masses... even the 'educated' masses!

  • I love getting reactions from so-called 'free-market capitalists' when I ask 'em about bails outs. Their only response is, 'Well, if we don't bail out banks, we'll lose all our money!'. LOL! One, it just goes to show that even college educated folks are complete, fucking morons. It also goes to show these people have no clue as to the different types of banks that exist. Hypocrisy is lost on these people. Their only answer is that if the banks go under, we'll lose whatever $ we have in the bank!

  • WRONG!

  • That quote is from the Federal Reserve itself.

    The wording that it is "part public, part private" is deceptive, as it is INDEPENDENT from government. Congress can't tell it to do anything. Also, the word "owned" is in quotes, and is used to imply that there are no private entities that invest in it, which is false.

    It operates as a private entity, it has PRIVATE shareholders (other banks). There's a lot of conspiracy theory BS out there, but it IS a private, independent entity.

  • If it's part of the gov't, as 'thankqwerty' states, then why aren't we allowed to know who's on the board?

  • We know who's on the board. The president elects them. However, we're not allowed to see the details of the investors, and all the meetings are behind closed doors, not open to the public, except for the occasional senate hearing.

  • government regulation thats totally independent of government and performed by "Natural person"s

    thats how we get things done in California.

  • Nice one Cenk.

  • Business loves government! Government gets laws that keep competition controlled. There is NO reason for any "safety net" for BIG organizations! Regulations are friends to big business. Again it makes it more difficult for new businesses to enter the market. AND, look at the BAD decisions made and the bonuses paid for those decisions.

  • In the long run we are all dead.

  • You're being drastic....more like fucked HARD!! However, with top quality lubricants!! So it can go in and out with ease!

  • Its about the Federal Reserve. THEY'RE the ones bailing out the banks, not the government. They control interest rates and print the money.

    They are a PRIVATE COMPANY that has no oversight at all. The only power the government has over them is the board members. They are selected to 14-year? terms by the president.

  • laize faire - haven't heard that term since high school

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