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Originally Posted by BlackCrayon
You make some good points, I don't have the time to respond to them all but will say I am not in favor of letting people starve while they figure out how to adapt to this new reality.
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no one wants people to suffer. but how do people learn the lesson? how do people start accepting responsibility? how do people start holding themselves accountable?
when does the morbidly obese person accept responsibility for eating 10,000 calories a day? and when are we going to stop tolerating people like that from telling an airline that they should be allowed to take up two seats while paying for one?
what is the solution right now? well.. the solution right now is government pays for everyone, government fixes mistakes, everyone looks to government to solve all problems and the lessons aren't learned.
that all sounds real nice in theory. looks great on paper. sounds wonderful in a campaign speech. the net result over the long term is a weakened society with increasingly blurred values and a decreased sense of self reliance and a guarantee that these things issues with fester and grow and never go away.
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Its American workers and consumers who have allowed these companies to become as successful as they are, yet they aren't the ones who suffer. its unfair, and although "life isn't fair" not everyone is going to be able to come up with the next best thing, not everyone will be able to have their own successful business.
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regardless of what happened, with who, who exploited what loopholes etc etc etc.. the entire situation needs to adjust. the adjustment should come by the market learning some painful lessons... not by government stepping in to save failing companies.
its interesting watching obama/mccain discuss this idea of government regulations, less regulations etc... and the idea that somehow government needs to intervene or get out of the way.
Obama keeps poking fun of McCain for this idea that government needs to get out of the way. His argument is that is the very thing that caused this problem. It can also be argued that the government getting involved and trying to be the solution is what causes the lessons to not be learned and for these things to happen again and again.
the fact of the matter is that we really don't know how a free market would react and correct itself because we don't allow it to. instead, we prop up failing institutions, we bail out failing airlines, we manipulate interest rates, we print more money, we create laws forcing banks to lend so much money to shitty, high risk communities ... etc. etc etc. we don't let things run their course, lessons aren't learned and the attitude that government should ultimately step in and make peoples lives better is reinforced every time.
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Its easy to think that everyone should just fend for themselves when you run your own business, you figure if you can, so should everyone else but when these retards run out of money, and out of jobs, your business is going to suffer as well.
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it's not easy at all. i know the world needs ditch diggers and strippers. thats a fact. however, my point was that NO ONE should be aspiring to be ditch diggers or strippers.
EVERYONE should be aspiring to be more, achieve more, get educated and fulfill their dreams. encouraging people to look around and always say "its not my fault" and continually reinforcing that is ultimately making everyone weaker. it makes the nation weaker and hurts everyone.
Right now things are tough... the economy needs to crash, these shitty institutions need to fail and the market needs to be allowed to adjust and begin working again with a new set of rules based on incredibly harsh lessons that were learned.
people need to suffer. suffering is a part of creation and growth. maybe now people will actually think about the stocks they are buying.. maybe they will think about whether or not they can afford the home they are buying, maybe they will start thinking about the future instead of living from credit card statement to credit card statement.
this entire country, lack of personal accountability, culture of excess consumerism and credit over-extension is to blame and as such, needs to suffer and learn its lesson.