Liberal free for all coming to an end

[randolph]

Originally Posted by TracyCoxx

My answer would be to listen to Ron Paul:
http://latimesblogs.latimes.com/wash...ul-bailou.html

BO misplaced the blame so the real problem isn't really going to be fixed and what's more, he hasn't done anything to prevent it from happening again.

Yeah, I would have to go along with most of what Ron Paul has to say about the bail out. However, the so called free market capitalism he refers to is unstable without some regulation. Many of the regulations instituted by FDR worked well for many years until they were diluted or removed during the last thirty years. The lack of restraint allowed the economy of overheat and collapse.
The electronic age has revolutionized financial markets. Trading can be done on a split second basis and computer models can monitor trends instantly. Without controls, the computers could destroy the marker in seconds. The small investor can be wiped out before he can pick up the phone. The old style ideas about a "free" market are obsolete. Like it or not, there needs to be regulation.