Cancel 2018. 3
<-- sched 2, MJ sched 1
TE=SmarterThanYou;856857]I would tend to agree on this, however, it's not going to happen so long as the belief that more regulation equals a safer product. It would also help the free market if we would do away with the 'too big to fail' behemoths and open up the market to better free enterprise.
absolutely. while some regulation is necessary and good, the folks on capital hill seem to believe it is their duty to create new regulations every year, regardless of their value or impact on the economy or american lives. unfortunately, many of us are either too busy to do anything about it, do not have enough power to make changes or simply don't care. if enough people joined together a difference could be made, but i feel we are mostly an apathetic nation.
we haven't been a consumer based economy for some time. If one has to continually get loans just to continue operating or expanding, we are a debt based economy.
debt based is still consumer based. there are time when debt is necessary and good for the economy, business, etc. too much debt, however, is not sustainable. i just read today that apparently the banks that received large portions of TARP were given secret loans in the amounts of over a trillion. according to the government, no one has defaulted and the government apparently made 16 billion in interest.