Redferret wrote: Is there such a thing as unbridled capitalism in the world still?

AS: Yes, it was called the Bush administration. LOL

And you think we don't have socialism now? What do you think this 700 billion dollar bailout was? It was socialism alright, only it was some dystopian form of socialism that took from the poor to give to the rich.

Too funny, Stanley!LOL

Tok,

Bush and the republicans have been implementing the trickle down theory for 8 years now. Why isn't it working?

I agree the bailout was needed and I am glad it had some provisions for the middle class to be paid back with interest. However, banks may not be so quick to lend as you think they will. They are just glad to recoup some of their losses. 700 billion in reverse socialism (taking from the middle class to give to the rich)means nothing if it is hoarded. Let's hope that is not allowed to happen.

Most American's finances are being stretched too thin because of the increase in cost of living (which happened while bush and the republican congress where at the helm.) What happens when the middle class runs out of money, who will be left to bail out big business then? Pretty dangerous scenerio if you ask me.

The article you mention was in the opinion section of the wall street journal. You are confusing opinion with facts.

Obama has said time and time again that he will not raise the taxes of people making under 250k a year. 90% of small businesses fall under this category and therefore would not see a tax increase.

So let me get this straight, you are in favor of pumping money into big business on wall street? You do understand that wall street is dependent on a global economy now, don't you? You understand that taking tax dollars from middle class Americans and giving those dollars to rich corporations does not mean Americans are going to benefit. Big business is taking their jobs where labor is cheap. Big business doesn't care about you or America. It cares about money. Think about it.

Ask yourself this JFnance, how does the money get up there in the first place in order for it to trickle down?

If people are afraid (like they are now) they stop spending money. If people stop spending money, businesses don't make money. If businesses don't make money, they cut jobs (why would a business hire more people if they have no customers?)

I hope you can see the logic in this.

Happy meal is better than no meal!

Hi Neiman,

Don't you get it? Mccain is admitting he has been wrong about trickle down economics. He is flip flopping now because he is unpopular! Wake up...who are you going to believe? Democrats who were against top down policies 95% of the time or republicans who voted in favor of top down policies 95% of the time? Take a look around you. It's time to admit Bush and the republicans have ruined this country! McCain has shown poor judgment in the past and he continues to show poor judgment by choosing that half wit for vice president!