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Originally Posted by MikeinAR
I guess that would all depend on what your definition of "works" is. Less regulation and "freedom in the market" always ushers in profitablility and economic success, until it runs haywire and causes the worst financial crisis since the Great Depression. Insurance companies doing as they please on the free market without gov't regulation has caused the mess that our healthcare system is today. You free market at all costs folks need to look out from under the rock everyonce in a while.
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Mike, you know full well that what caused this house of cards was the housing market bubble that burst. The bubble was fueled by the GOVERNMENT'S insistence that banks lend money to unworthy customers.
The beauty of free markets is that if you get too greedy, for power or money, the market will punish you. This terrible economy is a good lesson that government meddling in the banking industry, housing market, fill in the blank only complicates and frustrates the market.
But your previous point that the motivation of companies to make a profit is what is wrong with liberals and the Democrats. You act as though if someone makes money its inherently evil. You say a bureaucrat does better work and can be trusted because they aren't jaded by greed. Have you gone to the BUREAU of Motor Vehicles lately? Do those bureaucrats serve you well? How did you like the 2 hour wait? The BEST products, service, inventions, innovations and advances have ALWAYS come from the strength of private industry, not government intervention.
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