Economic News

http://www.infowars.com/?p=6160&cp=4#comments


BDog Says: November 24th, 2008 at 7:54 pm
The only solution to this financial mess is to take this wonderful opportunity to DEcentralize banking. The federal reserve and large banking/investment institutions are the reason that we are in this mess. Now all we are doing is making them more centralized. The MSM does not discuss this. We are doing the only thing we should NOT be doing.



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36 Rakkur Says: November 24th, 2008 at 6:39 pm
Nothing we are seeing here has anything to do with capitalism. We can say that we are seeing an end to interventionism, fascism, socialism, globalism, pretty much everything, but we cannot say this is an end to capitalism. We have never, in history, had a truly free market and we’ve never had true capitalism. Early America was a good experiment, but sooner or later Government has always stepped in to “lend a helping hand.” The result is the same every time: bigger government and loss of economic freedom.
Ludwig von Mises wrote repeatedly that government intervention in a market always leads to full blown socialism, because one intervention leads to another leads to a 7.4 trillion dollar bailout / massive theft. None of these problems we are seeing in the market would have occurred if the government were not involved in it; we are seeing exactly why government always fails. Let’s give free markets and capitalism a chance to fix this mess