Quote:
Originally Posted by Thepaindispenser
Again I disagree with you. You are putting way too much trust in an incompetent and corrupt government to help people. If big government really helps people then why does every blighted and crime-ridden area in this country consistently vote Democrat and every single one of those areas, with the exception of the non-government phenomenon of gentrification, get poorer and more crime-ridden?
Like I said I don't think shrinking the pie and having an all powerful government decide who gets what is the answer.
It wasn't banks that got us into this mess, it was Democrats forcing banks to lend money for mortgages to people who never had a chance of repaying them. Who said banks shouldn't be regulated to some degree? However this current Dodd-Frank thing is a disaster, it leaves to-big-to-fail in there and it is designed to make the banks dependent on the politicians so that they can fatten their campaign coffers with cash.
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that is absolutely not true. the problem was repealing glass/steagall, and removing the division between commercial and investment banks. you are completely mistaken on what caused everything to go downhill. go look up glass steagall on wiki, it'll tell you all about it.
and it was a bipartisan effort to get rid of those rules.