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McCain: No Regrets on Deregulation, "Helpful" to Economy

John McCain on 60 Minutes, 9/21/08. Scott Pelley: In 1999, you were one of the senators who helped pass deregulation of Wall Street. Do you regret that now? John McCain: No, I think the deregul...  
 
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astorm13298 (5 months ago) Show Hide
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lol mccain hummm
rockandrock44 (6 months ago) Show Hide
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Obviously you don't understand the free market or anything about economic freedom.
inachu (6 months ago) Show Hide
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oh so its ok to build the new world order all for the cause of capitalisim...
rockandrock44 (6 months ago) Show Hide
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Um, no. That's not what I said. You said that after mergers companies raise the price as if that works or even happens often. It doesn't.

You claim that the free market helps the rich only. That is blatantly false. Learn some economics.
inachu (6 months ago) Show Hide
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sorry i meant it helps the rich and theives.
rockandrock44 (6 months ago) Show Hide
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You're even more wrong. Get an education and stop spewing ignorant bullcrap.
inachu (6 months ago) Show Hide
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you know im right
rockandrock44 (6 months ago) Show Hide
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People that somehow think the free market doesn't work are vastly ignorant on economics and political philosophy.

It's sad seeing such ridiculous arguments against the free market like the one's below me,
inachu (6 months ago) Show Hide
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The main schoool thought of capitalism is to eviserate and take down ALL regulations and keep them down and pay for schools and roads with the profits from deregulation... that is a false wet dream republicans have
rockandrock44 (6 months ago) Show Hide
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/The main schoool thought of capitalism is to eviserate and take down ALL regulations and keep them down and pay for schools and roads with the profits from deregulation...//

Um, the 'main school of thought' in this country is Keynesian economics, which has stagnated the economy.

Besides, Austrian and Chicago economics doesn't say roads and schools would be payed from 'profits'. Not anymore than any other private good is payed from 'profits'.

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