08-24-2012, 08:22 AM
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Promoting Debate on GFY
Industry Role:
Join Date: Apr 2007
Posts: 27,176
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Quote:
Originally Posted by sperbonzo
Sure, but that is only useful if we allow the government the power to regulate the free market in order to destroy competition, create agencies that can take on banking risk, and use our money to bail out cronyists.
If government did not have that power, then it would make no sense for the banks to try to buy it up, since it would do them no good.
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