Liberals, TheAmazingAtheist: You seem to understand 1/2 the story

1/2 wallstreet, 1/2 big business... fucking you.

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[BalazarsBrain]

@Spalg

"Glass Steagall...name what in it did anything"

WTF?...Jesus Christ, I already explained that to you! Repeal of Glass-Steagall caused a moral hazard because our bank deposits are tied to risky i-banking activities. So Wallstreet doesn't have to worry about their ship sinking because the Public is now in the same ship...get it now???

It's very telling that you didn't say whether you're opposed to legislation restricting OTC derivatives...you gonna keep dodging that?

[Spalg]

@BalazarsBrain Glass Steagall had nothing to do with it, name what in it did anything; mortgages could always be bundled, etc. Your nervous laughter and intentional strawmen is quite apparent, so please do try harder. On the contrary, you think the gov't will help you out of the goodness of their heart, I think other business on net will do better because of the natural incentives made by consumer demand and outside competition; apparently you wont even read a snippet of econ.

[BalazarsBrain]

@Spalg

“The market…regulates better than government fiat.

LMFAO Idiot, no you’re right…Wallstreet will somehow magically regulate itself! While we’re at it, manufacturing plants will start self-regulating how much pollution they spew…out of the goodness of their hearts. HAHAHA!

Good luck living in your retarded fantasy land!

[BalazarsBrain]

@Spalg

"only average dumb voter is you, it's via more regulation blah blah blah”

LoL, are you serious??? The Moral Hazard on Wallstreet is due to LACK of Regulation. We repealed the Glass-Steagall Act allowing our bank deposits to be tied to risky I-banking activities. I bet you’d also be opposed to any regulation restricting over-the-counter derivatives trading, transparency in the derivatives market, etc.

[Spalg]

@BalazarsBrain only average dumb voter is you, it's via more regulation the government can more influence the market and those wall street players in the market will have a greater incentive to use the government to cartelize that market, and it's via more regulation that the government will inject politically favorable pipe dreams and fallacies into a market, on threat of force, which cannot sustain them. The market, that is simple reality, regulates better than government fiat.

[BalazarsBrain]

From what I've seen out of Occupy, they DO understand that it's both Wallstreet AND the government working hand in hand.

It's better to focus on Wallstreet, because to criticize Wallstreet is also to call for the government to regulate them.

Yes, it would also be good to criticize the government...but I think for the average dumb voter, this gets confused with the conservative answer which is just to limit government regulation. NO, we don't Less regulation on Wallstreet...we need MORE!

[Dangerman5]

@Utopor

better rules like in other countries. Also a competition commission is needed to stop big companies buying up all the opposition, again like they have in other capitalist countries.

Capitalism needs government to work effectively.

[Utopor]

@Dangerman5 How do you suggest that should happen? Money out of politics? Then you have the media where the lobbyists would go? Money out of media? Gov controlled media? ... What's your plan?

[Dangerman5]

I did think it was from the Ron Paul play book. But pointing out that government is bought and paid for by big business does not necessarily discredit the concept of government. It just means there should be a better system of government that lobbyists don't control.

[TheMessianicManic]

This the first video I've seen of yours in 2 years, and your voice is a lot deeper than I remember.