A bullet dodged

I agree with that I guess. Unregulated markets would collapse instantly from greed, bad decisions, and the resulting loss of confidence, thus, destroying the illusion than we can trust wallstreet types.

absolutely, unregulated markets only lead to anarcho-capitalism while government regulated markets lead to anarcho-socialism.....

wait, that belongs in a different thread.
 
absolutely, unregulated markets only lead to anarcho-capitalism while government regulated markets lead to anarcho-socialism.....

wait, that belongs in a different thread.

So where do you draw the line, STY? My heart of hearts lies with the anarcho-capitalists, but there is almost no reason to identify yourself as one because they will never see political power in the US. Libertarianism is watered down anarcho-capitalism, and fiscal conservativsm is an even more watered down version.
 
Populism: The belief that the well being of people is an innate value, and a refusal to place value on the degree to which people can be transformed into corporate profit centers.
 
So where do you draw the line, STY? My heart of hearts lies with the anarcho-capitalists, but there is almost no reason to identify yourself as one because they will never see political power in the US. Libertarianism is watered down anarcho-capitalism, and fiscal conservativsm is an even more watered down version.

Where would I draw the line? probably only one before totally unregulated. The market should remain free and clear....right up to the point where unsafe products hurt someone or intentional acts of sabotage put the public at risk. Regulation cannot stop this, but justice department can surely put away the offenders. The vehicle should be free to move, but the occupants to be watched, or something like that.
 
Populism: The belief that the well being of people is an innate value, and a refusal to place value on the degree to which people can be transformed into corporate profit centers.

Populism: An ideology adhered to primarily in the under-developed and poorly socialized "Basement Region" of AssHat's Mom's house.
 
While I agree that Medicare is in even worse shape, he is wrong about SS. He simply does not like the idea of privatization and thus continues to work against it. It does not need 'tweaks'... it needs massive changes, whether it is done through privatization or through other methods. It cannot survive in its current state.

Yeah?

I don't know, I find Krugman more credible. Maybe it is the Nobel Prize, maybe it is the numerous academic books he has written, maybe it's the professor at Princeton thing...I can't put my finger on it.
 
Yeah?

I don't know, I find Krugman more credible. Maybe it is the Nobel Prize, maybe it is the numerous academic books he has written, maybe it's the professor at Princeton thing...I can't put my finger on it.

LOL.... like you would disagree with your loverboy.... As we stated, his 'tweaks' involve raising taxes to cover the higher payouts that will be needed etc... He knows the problem is real, he just wants to downplay it so that people will stop talking about privatization. His opinion is not based on economics in this case, it is based on ideology. So his Nobel prize in Economics and his books on Economics are irrelevant when he trumps economics with ideology.
 
Yeah?

I don't know, I find Krugman more credible. Maybe it is the Nobel Prize, maybe it is the numerous academic books he has written, maybe it's the professor at Princeton thing...I can't put my finger on it.

nobel prizes are relatively meaningless, and as for academic books and being a professor? pffffft. Look up Michael A. Bellesiles
 
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