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What ever happened to the US free market, fair trade, capitalism and more? What is with the Bail outs?
11-19-2012, 02:22 AM
Post: #1
What ever happened to the US free market, fair trade, capitalism and more? What is with the Bail outs?
I am so sick of hearing about all these bail out's and rescue plans. What happened to budgeting living with in your means, buying only what you could afford and avoiding debt? Why now am I being forced to bail out all these companies and banks who failed to do this? It is not fair and I am sick of hearing about it. STOP IT GOVERNMENT STOP IT!

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11-19-2012, 02:30 AM
Post: #2
 
You and a lot of us taxpaying Americans are wondering why we don't just let these corporations fail as a principle of the free market system. Those of us who played by the rules now have to pay for those who didn't and we will mire our grandchildren with the sins of our debt. You can, however, make your voice heard by emailing your representatives, your governor and even on the Obama change site. Even though I usually only receive an automated response from any of them, at least I feel I expressed my opinion, gave suggestions and participated.

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11-19-2012, 02:30 AM
Post: #3
 
Well economies wouldn't grow if could not borrow money. For example the average person could never afford to buy a home without borrowing.

However I think your right that governments shouldn't have to pay for the mistakes of bankers, But if banks fail then its not only the greedy money grabbers who work for these banks who suffer it would be everyone else as well! Because average people couldn't buy homes, people couldn't start businesses and no one could invest any money in leading to massive unemployment, not good.

Perhaps its a sign we need a more responsible system.
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11-19-2012, 02:30 AM
Post: #4
 
free market establish that who fail must to broke or disappear, that's simple...following the laws of competence and principle of Darwin...this principle have let to humans to survive and the nature maintain the live of the earth...bad structure or institutions must disappear...

Now depends of who fails, because if who goes to fail, fail alone, no problem....but, what happen when the bull go to hell with millions of hardworking persons and thousand of efficient institutions in its horns???
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11-19-2012, 02:30 AM
Post: #5
 
The bail outs are just the American Plutocracy at work, not our government.

Plutocracy - a wealthy social class that controls or greatly influences the government of a society

If you came here truly seeking greater knowledge and understanding of how the world works you owe it to yourself and future generations to watch the following documentary, it was created and supported by some of the worlds top economists.

Please take time to learn the hidden story about the money in your pocket.
This is the most informative, entertaining, and factual video on economics you can watch.
THE MONEY MASTERS
http://video.google.com/videoplay?docid=...0256183936
This documentary has been endorsed by:
Milton Friedman ……….…. Nobel Laureate in Economics
Arun Gandhi…………….…. M.K. Gandhi Institute for Nonviolence
Dr. D. James Kennedy…... Coral Ridge Ministries
Aaron Russo………………. Producer, Director, Writer: America, Freedom to Fascism
G. Edward Griffin…………. Author: The Creature from Jekyll Island
Dr. W. Cleon Skousen….... Author: The Naked Capitalist, The Naked Communist

I believe our system has gotten so far off track that anything short of a full monetary reform act is only putting a Band-Aid on a terminal hemorrhage.
Please read and tell your congressman to support this monetary reform act.
http://www.themoneymasters.com/printable-mra.htm

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
- Henry Ford

"Their secret is that they have annexed from governments, monarchies, and republics the power to create the world's money...".
- Prof. Carroll Quigley

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations that will grow up around them will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
- Thomas Jefferson
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