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Old 10-20-2008, 06:11 PM   #4
98s14inaz
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Quote:
Originally Posted by Matej View Post
The US government is currently buying up banks. I could call that socialism, because if that doesn't reek of socialism, I don't know what does. However, that just goes back to the problem of trying to classify everything as black or white. I believe some government involvement in certain things is can be a good thing, it's just a matter of finding a good balance, that in the future doesn't result in another complete failure like today's economy situation.
You're agreeing with what I am saying. I see where we are going with this whole shift. It IS socialism, and it isn't a good thing. Those banks should be allowed to fail and should be absorbed by the stronger banks. That is the American way, some win, some lose, but you're free do it....not this everybody wins bullshit.
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