Reply To: Socialism?

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NuRayZ said:

kind of, but it reads more like a bash on republicans. The article seemed more about nationalization being inevitable, and how it isn’t the total take over the republicans are ranting about. And how it’s just scare tactics by republicans. Thats what I perceived anyway.

 

I was watching Mad Money the other day. He’s a loon but brought up a good point. There is more regulation on gambling and in Las Vegas than there is on Wall Street. Wouldn’t it make more sense to regulate Wall street more, it seems like corruption and greed there is far more detrimental to society than in casinos. Same with the banks, I think someone should step in when banks are not getting the job done, especially when it effects millions of people’s lives. It doesn’t have to be a total take over, like the republicans fear, but at least some more regulation, some kind of punishment, or something.

I disagree, the regulation on wall street is if you *edited* up, your company goes under. That’s how it should be. What about the investors you ask? They should be properly tuned into their investments to the point that they know if some *edited* is going to go down. Why can’t we have deregulation and let the companys run themselves? Because the democrats decide to step in and bail them all out. Yeah well if thats how its gonna be then I guess they need the regulation cause now my tax dollars are going towards it. See what I mean? We shouldn’t have bailouts because its a market ecomony and we should be letting it run itself instead of trying to control it.