Politics
Out of context: Reply #6052
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- TheBlueOne0
Well, tommy, I know we disagree with the stimulus package, but that's because I'm a keynsian and you're more of a Hayek/Friedman libertarian person, but I am very disappointed with Obama's handling of the banking/financial side. I'll grant him the benefit of the doubt that he can see some things we can't and does things for political reasons as well, which just come with that job no matter who holds it, but there's a fundamental underlying difference of principles I have underlying it all...he's far too pragmatic and corporate for my tastes, and really feel this is going to blow up in his face. However, it might just blow up no matter what anyone does at this point...we'll see...maybe he IS being smarter than we can see. The only thing that can tell us so is time.
By the way, this looks like a great read, just listened to an interview with the author last night:
- Well at the very least we'll know if, what I'd classify as, over involvement by the gov is a viable solution. I'd rather a ...tommyo
- more hands off approach but that's just my personal opinion. I just see all this involvement as causing unforeseeable future ...tommyo
- issues. There really isn't too much precedence that's been set in this realm. Of course, my uneducated opinion.tommyo
- the government has to regulate the financial industry though. That is pretty apparent, no?DrBombay
- Yup, well oversight more than regulate but yeah. Which they failed to do on those credit default swaps. YAY Gov!tommyo