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2008-09-30 Home Front Economy

Some Dems openly rooting for a depression

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Posted by Mike 2008-09-30 14:07|| || Front Page|| [6 views ] Top

#1 Geraghty is a little overwrought and so much of a Bush fanboy that he would swallow socialism if it emerged from Bush's lips. The reality is as these liberals have stated - business failure teaches prudence. Capitalism without failure is like religion without sin. Liberals hope for all kinds of things all of the time. We had the worst recession since the Great Depression during Reagan's era. Did that result in the enactment of a new New Deal or Great Society? No. Reagan cut taxes and deregulated America.

Posted by Zhang Fei 2008-09-30 14:44|| http://timurileng.blogspot.com]">[http://timurileng.blogspot.com] 2008-09-30 14:44|| Front Page Top

#2 Sounds like the donks are about to enact Mr. Herbert Spencer's Social Statics.

Posted by Nimble Spemble 2008-09-30 14:47|| 2008-09-30 14:47|| Front Page Top

#3 The axiom of a shakedown is correct, but the means to reform the system is not. We might be in for a humdinger of a correction, but the biggest purge should be in government itself--and that's the irony.

The Democrats always assume that it takes a legion of bureaucrats and a gawdawfully huge government to make and enforce a rule. It doesn't. A small handful of SEC personnel can enforce strict derivative and leverage controls on the market.

But the government itself must to a great extent be reduced to both a surplus budget and constitutional size. Doing that one thing will solve the vast majority of our economic problems.

Posted by Anonymoose 2008-09-30 17:04|| 2008-09-30 17:04|| Front Page Top

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