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Musicmystery -> RE: Socialism Exposed (1/27/2010 12:12:15 PM)
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quote:
ORIGINAL: SeekingAZ
quote:
ORIGINAL: Musicmystery
Actually, with the drive to kill regulation and give corporations unlimited power, even to determining elections, people may quickly learn to embrace socialism.
Even the post-war 19th century will start to look like the golden age.
Really ? Please name one year in your lifetime where the number of pages in the federal code was less than the year before. Please explain when and where this massive deregulation has occurred. The only obvious areas of deregulation I'm aware of are airline routing and the break-up of AT&T both of which resulted in massively lower costs for consumers.
Got to love this shit. Government forces (that would be "regulation") banks to make stupid loans. Banking system goes into crisis and it's the Bank's fault for not being regulated enough. Obama emits this circular bullshit all day and night and you'll never seen anyone on the white house press core call him on it.
You guys will believe anything, as long as the overwhelming premise breaks down to "I'm going to get free shit". Funny thing is, the people that make the shit will sooner or later realize, this is bullshit i aint making no more shit for these ungrateful sob's, fuck y'all, i'm converting all my dollars to gold, silver, guns and booze (ie universal currency) and going to costa rica or some other mostly-civilized hole poor enough to respect my contribution to their economy.
Of course, large concerns go about this in a different way, it's called "offshore outsourcing". Large corporations have been going John Galt for decades and still tons of people are still blind. Whatever. Collectively we're all still going to get what we deserve, damn planet/reality is just wired that way. The more you confiscate from others (or is confiscated on your behalf) the less you end up getting. Really, f-ing kindergarten level crap that entirely too many people haven't internalized yet.
Easy to rant when you change the subject and invent the positions instead of answering them, isn't it.
Meanwhile, back at the points raised....
We already have extensive experience with unregulated markets. Perhaps you're ignorant of this history, or perhaps you've chosen to pretend it doesn't exist--only you know which. But neither makes it go away.
Consequently, we introduced--Republican administrations at that--legislation to regulate abuses and externalites in the markets. And things worked, much better. So we kept doing it. When financial markets imploded, we recognized mistakes and abuses in these areas would also require regulation, this time under Democratic administration. We implemented it, and they worked better. In fact, they worked well for 50 years.
Then Reagan decided he'd rather go back to the 1920s. He (and apparently you) liked that everything was simple--as long as they ignored the coming crisis. So we did away with those "complicated" regulations. And we had a banking crisis, a 1987 stock market crash, and high unemployment. That seems simple enough. Are you able to "internalize" this "fucking kindergarten level crap" so far? Since you state you are unaware of this deregulation, perhaps you slept through the Savings & Loan scandal and bailout? And though it's incidental, since you've heard of airline and telecommunications deregulation, you really need to do some fact-checking. Costs have soared. Quality of service has declined. The types of service and technology in telecommunications has expanded, true, especially fiber optics. Airline service got so bad that Congress was debating new rules (this is all pre-9/11).
Late 90s, we deregulated banking again. And guess what happened, again? Different decade, same pattern.
Offshore outsourcing is a separate issue, of course. So meanwhile, back in reality, away from blind talking points, yes, unregulated corporations will use and abuse all power possible. They always have, from the founding of the nation--read what the founding fathers were discussing and warning about at the time. Read some U.S. history--it's a pattern throughout.
Whose fault it is isn't really the point. Whomever you wish to blame, part of the solution will mean a return to sensible regulation. If that turns out to be a long read, so be it.
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