Comments (10) (Please sign in to comment)

1. 

   jmattadams said, almost 5 years ago

   New chant at hippie protests. “What do we want? Our diapers changed! When do we want it? Come check and find out.”
2. 

   narrowminded said, almost 5 years ago

   Ironically, what these simpletons are protesting is Govn. manipulation of the markets that didn’t work out as planned. If true capitalist processes were allowed to work the failed banks would have been punished by the free market, instead the progressives bailed them out.
   Simply allow the market to work and eventually things work out as fair as can be hoped for.
   What goes around, comes around.
3. 

   ARodney said, almost 5 years ago

   Narrow — you mean, progressives like John McCain and George Bush, BEGGING congress to pass the bailouts now, now, now?? It was progressives who tried (and were blocked) from putting some rational limits and a small tax on risky transactions to pay for the bailouts and reduce the damage these financial games do to the economy while siphoning off money. As for high finance being a free market… that’s the best joke I’ve heard all day! You apparently weren’t born yet, but I remember 2008 and the near collapse of perfectly good businesses when the credit market froze up after Lehmann Brothers failed. Free markets lead to monopolies, and monopolies do not fall without destroying a lot of good businesses. The financial collapse was due to a LACK of regulation, allowing banks to dabble in high-risk games with taxpayer money. Bring back the Volcker rule.
4. 

   eepatt said, almost 5 years ago

   Kudos, ARod! You. too, grainbelt and masterskrain. Wassamatter, jmatt? Still avoiding issues by calling names?
5. 

   steven02345 said, almost 5 years ago

   @narrowminded

   agreed, I’d like a purely capitalistic and meritocratic soceity if we could get one but what we learnt in high school economics is that at some point companies get monopolistic and it is necessary for some government intervention. The top 1% learnt the same thing so what they set out to do is to buy government so that no one stops them from flaunting the rules and increasing the barrier to entry. The Bail out started with a Compassionate Conservative Govt. and was continued by our closet Republican Barack Obama, I hardly think it’s fair to blame the Progressives when really there are very few Progressives in Government (I think Bernie Sanders comes to mind and Rahul Grihalva )
6. 

   dtroutma said, almost 5 years ago

   Narrow- Ayn Rand is dead, and even Greenspan, her best bud, admits her view is septic, get over it.
7. 

   John Beam said, almost 5 years ago

   @dtroutma

   The people who really need to “get over it” are these mindless “99%’ers.” So many of them are deadbeat college students who took out loans to attend $100,000 per year colleges, and have gone into debt because their “education” is so expensive. So they blame the BANKS for it? Why don’t they blame these colleges and universities for their insane tuitions? A reasonable person would look at the cost for a college “education” as the reason why they’re in such enormous debt, NOT the banks. That is, IF they were intelligent, responsible-thinking people, rather than moronic sheep.
8. 

   Cynthia said, almost 5 years ago

   Capitalism failed because it wasn’t “pure”, chistianity fell into Inquisition because it was not “pure”, Islam falls into integrism because it is not “pure”…

   Same old, same old…

   If by pure capitalism you mean “without any rules whatsoever”, nobody will be fool enough use that. Capitalism is a theory, not a religious doctrine and shouldn’t be followed like that.

   Use your minds and tell me if two people ever lives in the same place without any rules? Kids don’t want rules, but adults know that they are necessary.
9. 

   dtroutma said, almost 5 years ago

   Yohan- yes, education has gotten expensive. That must be why you didn’t “waste” any money on it?
10. 

    filmsgraded said, almost 5 years ago

    If the banks had not been bailed out, the official unemployment rate in the U.S. would be 35%. Stocks would trade at pennies on the dollar. All the money in savings accounts, checking accounts, and certificates of deposit would have been lost. Corporate bonds would also have been worthless, since most businesses would be bankrupt. You can’t prove something that never happened. But if the banks had not been bailed out, all the money in the economy would have vanished by Spring 2009. People forget so quickly how desperate matters were in Fall 2008. Federal Reserve liquidity prevented an economic apocalypse.
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