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re: My feeling on capitalism
Posted on 3/27/14 at 8:33 am to Tackle74
Posted on 3/27/14 at 8:33 am to Tackle74
quote:
I do though think that unregulated Capitalism is not the great thing that some think it is.
Right, but the thing is we haven't had unregulated capitalism. Regulations that required banks to lend money to people who they knew couldn't pay it back is what caused the housing collapse. And now Obama has been giving $85 billion a month for the last five years to wall street.
What we are suffering from is unregulated government.
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