tag:blogger.com,1999:blog-28006963.post1045890945257124566..comments2009-06-20T17:00:38.394-04:00Hank Kalethttp://www.blogger.com/profile/11564264315812266459noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-28006963.post-71980922165366997172009-06-20T17:00:38.394-04:002009-06-20T17:00:38.394-04:00How dare you, sir, how dare you besmirch and mock the proud Anonymous family name, proud of its Greek origins.<br /><br />But seriously folks, before FDR came along and enacted all his great legislation and banking regulations, there were few regulations and few protections for the ordinary American. The GOP (except for TR) allowed the giant cartels, the corporations to run rampant. Whatever they wanted was A-OK, no questions asked. Prior to FDR, we had a laissez-faire, social Darwinistic philosophy that allowed the greed heads to destroy the economy and to put us in a Great Depression. Capitalism needs to be strongly regulated lest it devour itself and bring the whole economy to ruins. Beginning with the Reagan era, our leaders have forgotten the lessons of the depression and FDR&#39;s fixes for the ills of runaway predatory capitalism. Most of the GOP and the corporate wing of the Democratic party have weakened the regulations that protected us from the worst abuses of corporate America. Corporate America doesn&#39;t give a fling about the people or the nation, all they care about is profits. They will abuse workers, the land, the environment unless they are given periodic kicks in the a$$. They will sell us death trap cars, snake oil, tainted food and other lethal products unless we call them to task. The only entity powerful enough to challenge corporate power is the government unless the government itself has been bought off by the rich corporate lobbyists.<br /><br /> Hey, how about those anti-government, anti-tax (libertarian) shooters, James W. Von Brunn and Scott Roeder? Rabid anti-government and anti-tax ideology eventually leads to wacko violent nuts like those two cowardly assassins.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28006963.post-78309435180371622022009-06-19T19:53:45.533-04:002009-06-19T19:53:45.533-04:00Sorry, at risk of enraging &quot;Annony-mush&quot;, regulations and regulators are the reason we have a problem. More regulations and regulators ain&#39;t going to solve anything. The FED is at the root of the problem inflating the currency. Making them bigger and more powerful is like asking a the fox to &quot;guard&quot; the hen house. Can we at least AUDIT the FED to see what this private monopoly is doing to us for the benefit of the elite?<br /><br />Never met anyone who needs a CDO? Try a homeowner who wants a low cost mortgage. CDOs allow a lot of them to be aggregated and sliced and diced. <br /><br />Know any pension funds that need cash flow at very specific points in time? CDOs allow them to get that.<br /><br />&quot;We&quot;, the collective sheeple of these United States, have made one mistake. We&#39;ve allowed the congress critters and their bureaucrats fool us into thinking we didn&#39;t have to watch them like a crooked dealer on the rube&#39;s pay day.<br /><br />Maybe we need less regulation and let things fail. Bankruptcy has a interesting effect on management. It puts them out of work. <br /><br />&quot;Too big to fail&quot; is just &quot;TOO BIG&quot;!<br /><br />Maybe the rule should be no ledgers with room for more than a 1,000,000,000.00 at the bottom line. That&#39;ll make work for a lot of out of work regulators, bureaucrats, and congress critters.<br /><br />Argh!reinkefjhttp://www.blogger.com/profile/14629246056431046851noreply@blogger.com