Quote:
Originally Posted by Libertine
I take it you do not know what happened with Enron and Bear Stearns?
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Again lack of damned regulation. Our banks here are in great shape when compared to banks over there and sure as hell are regulated a shit ton more. Half the problem was that your banks were so fucking power drunk and able to do what the hell they wanted the whole system was bound to fail!
An unregulated free market when you are talking in terms of food, shelter and medicine only works for those who can afford to eat, sleep under a roof, and keep themselves alive. Those who cant for whatever reason are thrown to the wolves in not so good times, and thats not a society I would want to live in.