RE: I made a mistake on Obama.
September 12, 2012 at 12:08 am
(This post was last modified: September 12, 2012 at 1:24 am by Darth.)
(September 11, 2012 at 8:40 pm)Polaris Wrote: The banks turned on him because their stock is a tenth what it used to be.
Fuckers, they would have, and should have, fallen, in a free market we'd be long done with those companies. I don't see how your presidents could be any more submissive to the banks without literally prostrating themselves. They got (or rather you got) cronyism up the wahzoo.
The 'deregulation' is a sham. There are different types of regulations:
1. Ones designed to control what a business/industry X can do,
2. Those which give them benefits, protect them, or just plain give em cash,
3. Rules which control what companies/industry Y can do, which of course benefits company/industry X.
The only regulations you ever lost were of the first type. They lose all the restrictions, but kept all the handouts. I'm all for deregulation, but it would mean letting them do pretty much whatever they want, and then letting them suffer the consequences of their actions, rather than paying them to make stupid bets.
Nemo me impune lacessit.