Comments on: Blame Freddie Mac And Fannie Mae On The Democrats http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/ Sun, 12 Feb 2012 21:31:38 +0000 http://wordpress.org/?v=2.3.2 By: ma credit repair http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-220632 ma credit repair Mon, 28 Dec 2009 04:58:19 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-220632 <strong>ma credit repair...</strong> This website is great... ma credit repair…

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]]> By: HispanicPundit http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200699 HispanicPundit Thu, 05 Mar 2009 23:14:44 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200699 Why care about income inequality vs experienced inequality? Why care about income inequality vs experienced inequality?

]]> By: Shugapro http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200684 Shugapro Thu, 05 Mar 2009 21:16:08 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200684 Yes.I am referring to chronic and growing income inequality within the free market structure.....a reality being ignored in the wider debate on the reasons for the ongoing economic collapse as masses of workers find it increasing difficult to pay their debt. Yes.I am referring to chronic and growing income inequality within the free market structure…..a reality being ignored in the wider debate on the reasons for the ongoing economic collapse as masses of workers find it increasing difficult to pay their debt.

]]> By: HispanicPundit http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200679 HispanicPundit Thu, 05 Mar 2009 20:27:09 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200679 What inequality are you talking about shuapro? Are you talking about income inequality or experienced inequality (<a href="http://cafehayek.typepad.com/hayek/2004/05/the_increasing_.html" rel="nofollow">see here for a definition of what I call experienced inequality</a>)? Because personally, I only care about experienced inequality and under a free market system that goes down with time. Regarding the causes of the financial crisis...aside from the anti-immigration part, I generally agree <a href="http://www.youtube.com/watch?v=GubKeiQ6b8A" rel="nofollow">with this video</a> as to the primary causes of the financial crisis. What inequality are you talking about shuapro? Are you talking about income inequality or experienced inequality (see here for a definition of what I call experienced inequality)? Because personally, I only care about experienced inequality and under a free market system that goes down with time.

Regarding the causes of the financial crisis…aside from the anti-immigration part, I generally agree with this video as to the primary causes of the financial crisis.

]]> By: Shugapro http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200667 Shugapro Thu, 05 Mar 2009 18:00:39 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200667 What you have not furnished here are the reasons why the world economy was on the so called "brink"..........if you understand that free markets thrive over the short term on economic inequality,..you'll then understand that over the long term such inequality becomes a chronic liability to sustainable economic stability and equitable growth. What you have not furnished here are the reasons why the world economy was on the so called “brink”……….if you understand that free markets thrive over the short term on economic inequality,..you’ll then understand that over the long term such inequality becomes a chronic liability to sustainable economic stability and equitable growth.

]]> By: HispanicPundit http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200663 HispanicPundit Thu, 05 Mar 2009 17:23:31 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200663 The markets were on the brink of collapse all across the industrialized world. The only reason why it started - slightly - earlier here is because the United States is the 600 lb gorilla. Our economy swamps all others (to fully understand the sheer size difference, see <a href="http://faculty.chicagobooth.edu/christian.broda/website/" rel="nofollow">this map</a>). Its like the old economists saying, "when the United States sneezes, the rest of the world catches a cold". But that, like the argument I made above that Europe is even worse, is yet another argument for more capitalism...not less. The markets were on the brink of collapse all across the industrialized world. The only reason why it started - slightly - earlier here is because the United States is the 600 lb gorilla. Our economy swamps all others (to fully understand the sheer size difference, see this map). Its like the old economists saying, “when the United States sneezes, the rest of the world catches a cold”. But that, like the argument I made above that Europe is even worse, is yet another argument for more capitalism…not less.

]]> By: Shugapro http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200648 Shugapro Thu, 05 Mar 2009 14:18:05 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200648 No country can exist without the defining institution called government. But countries can exist without private sector firms (via community collective productive entities). Now,...you keep arguing as if it were the presence of government in the market place that causes economic collapses instead of recognizing that it's the unchecked inquitable flow of resources into the hands of a few that actually fosters the precipitation of the economic imbalances called the recession.In case you've forgotten........the current crisis (like the 1929 Wall Street crash) didn't spring from what you disdainfully call "socialist Europe" but rather,...the great "free market" economy called the United States. No country can exist without the defining institution called government. But countries can exist without private sector firms (via community collective productive entities). Now,…you keep arguing as if it were the presence of government in the market place that causes economic collapses instead of recognizing that it’s the unchecked inquitable flow of resources into the hands of a few that actually fosters the precipitation of the economic imbalances called the recession.In case you’ve forgotten……..the current crisis (like the 1929 Wall Street crash) didn’t spring from what you disdainfully call “socialist Europe” but rather,…the great “free market” economy called the United States.

]]> By: Shugapro http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200647 Shugapro Thu, 05 Mar 2009 14:10:22 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200647 Why do you keep using the term capitalism as if it were only of the free market variety?? No wonder you can't understand my response................ Why do you keep using the term capitalism as if it were only of the free market variety?? No wonder you can’t understand my response…………….

]]> By: HispanicPundit http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200618 HispanicPundit Thu, 05 Mar 2009 05:45:45 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200618 I see what you are saying...I just dont think your conclusion follows from the premise. Take, for example, the comparison between Europe and the USA. Europe is far more regulated, far more taxed, and has significantly more unions. Yet we see the exact opposite of what you desire: the same companies continue to dominate, the economy is doing worse and most importantly, they have been hit harder by this financial crisis than we have. Again...your belief that government is somehow this benevolent force that looks out for anything but its special interests is naive at best. The best we can do is limit governments power...giving it more power only spreads the misery. So as I said above: you can't point to an alternative that, based on evidence, is better than more capitalism. I see what you are saying…I just dont think your conclusion follows from the premise.

Take, for example, the comparison between Europe and the USA. Europe is far more regulated, far more taxed, and has significantly more unions. Yet we see the exact opposite of what you desire: the same companies continue to dominate, the economy is doing worse and most importantly, they have been hit harder by this financial crisis than we have.

Again…your belief that government is somehow this benevolent force that looks out for anything but its special interests is naive at best. The best we can do is limit governments power…giving it more power only spreads the misery.

So as I said above: you can’t point to an alternative that, based on evidence, is better than more capitalism.

]]> By: Shugapro http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200616 Shugapro Thu, 05 Mar 2009 05:16:28 +0000 http://hispanicpundit.com/2008/09/08/blame-freddie-mac-and-fannie-mae-on-the-democrats/#comment-200616 In case you didn't get the message or have trouble deciphering my point of view............I'm advocating greater government regulation of free markets via people transparent systems of policy development/management.......our present system of government by, of and for the rich has led to a collapse of the economy as fewer and fewer people control increasing amounts of the scarce resources (in a wasteful manner) while more and more of the population in being impoverished and living in a debt based facade of wealth. Have you ever read U.S. history on the ravages of the Gilded Age??? In case you didn’t get the message or have trouble deciphering my point of view…………I’m advocating greater government regulation of free markets via people transparent systems of policy development/management…….our present system of government by, of and for the rich has led to a collapse of the economy as fewer and fewer people control increasing amounts of the scarce resources (in a wasteful manner) while more and more of the population in being impoverished and living in a debt based facade of wealth. Have you ever read U.S. history on the ravages of the Gilded Age???

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