Comments on: How to Ruin the Economy in Seven Easy Steps – Johan Norberg

By: Bobbiethejean

Bobbiethejean — Wed, 31 Mar 2010 13:27:32 +0000

Seven? Pfft. You …
Seven? Pfft. You can do it in one: vote republican.

By: llshamelessll

llshamelessll — Wed, 31 Mar 2010 13:27:32 +0000

funny stuff eh, …
funny stuff eh, except millions of lives are destroyed….they need to pay for their greed.

By: Hendo1974

Hendo1974 — Wed, 31 Mar 2010 13:27:31 +0000

Republican= …
Republican=Democrats=Banksters=New World Order=All the same Bullshit!

By: jonnniefivemiles

jonnniefivemiles — Wed, 31 Mar 2010 13:27:31 +0000

…or democrat.
…or democrat.

By: marsCubed

marsCubed — Wed, 31 Mar 2010 13:27:30 +0000

jonnniefivemiles, …
jonnniefivemiles, States around the world which had regulation in place did not suffer a banking collapse. Sweden for instance had recently socialized her National bank, then floated it on the stock exchange with tough regulation, it suffered no problems.
Although these economies have now been pulled into the recession, it was right wing policy

By: magichandpuppet

magichandpuppet — Wed, 31 Mar 2010 13:27:30 +0000

yes, or democrat… …
yes, or democrat… both parties designed for mindless droids

By: Bobbiethejean

Bobbiethejean — Wed, 31 Mar 2010 13:27:29 +0000

The economy tends …
The economy tends to fair a bit better under democrats but that whole deregulation thing Clinton did at the end was a fairly dick-move. I wonder why more people don’t call him out for it.

By: jonnniefivemiles

jonnniefivemiles — Wed, 31 Mar 2010 13:27:29 +0000

You are somewhat …
You are somewhat correct at a superficial level (though a little off on your empirics..). When the coercive state subsidizes or funds anything, whether it’s nominally ‘public’ or ‘private,’ regulation may help deter the moral hazard and perverse incentives of that coercively attained input. However, the root problem is what caused the moral hazard and perverse incentive in the first place – the coercion itself, the ’state.’

There is no “left” or “right.” There is coerced and there is voluntary.

By: magichandpuppet

magichandpuppet — Wed, 31 Mar 2010 13:27:28 +0000

hogwash… but yes, …
hogwash… but yes, under Clinton the Glass-Steagal Act was repealed, yet most droids blame deregulation on Republicans. Democrats also pushed for the simultaneous government backing and deregulation of Fannie Mae and Freddie Mac – two of the favorite piggy banks of the Democrats. We could also discuss the inflation under Jimmy Carter, but I think it’s more fun to talk about the blood on his hands since he (knowingly) supplied the weapons used in the genocide of East Timor. Both parties suck

By: thunderpants10

thunderpants10 — Wed, 31 Mar 2010 13:27:27 +0000

I have seen several …
I have seen several vids that have done a wonderful job of illustrating how eactly the crises unfolded

This is not one of them