Highlights of U.S. Financial Reforms

June 25, 2010

  • June 25, 2010 at 7:38 am
    Reagonomist says:
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    Cassandra; you missed the key point of free market capitalism. When government promotes open competition, the market will regulate itself. Companies who mistreat consumers will be shunned, and those who play fairly will be sought by consumers.

    Government should not have intervened with TARP. Allowing weak companies to become insolvent teaches the remaining companies how to be strong. Bailouts spread cost inefficiencies to consumers
    and to taxpayers. Conversely, insolvencies spread the costs to risk-taking investors, who, hopefully diversified their investments.

  • June 25, 2010 at 2:33 am
    Sarah says:
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    Funny how you get a bunch of socialist/communist who now are overlooking the largest free market capitalist market in the world.

  • June 25, 2010 at 4:16 am
    Deputy Dawg says:
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    Not to mention this bill is unconstitutional as it goes aginst both the 4th & 5th amendments.

  • June 25, 2010 at 5:04 am
    Cassandra says:
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    STOP already with the socialist communist diatribe. If you at all ascribe to “checks and balances” (also a tenet of our government) who else is there that can stand up before big business and big finance? Only big government. The invisible hand doesn’t work too well as we have seen amid the derivative excesses and the “too big to fail” lingo. The biggies certainly had their hands out when TARP money was being handed out…so who benefitted from the “socialism” really>? If it was you and me, it was certainly third, fourth or fifth hand.

    I agree; we DO have socialism….but for the big corporations that are turning this country into an oligarchy.

  • June 28, 2010 at 9:13 am
    Cassandra says:
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    And isn’t that what we had in the days of the big railroads and the Standard Oil birthing?

    THAT worked out real well, didn’t it…for the little people.

    Reagonomist, you are a dreamer and positing your theories for a perfect world Tell me again how big business doesn’t spend billions on lobbyists or seek special tax breaks….



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