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December 7, 2009

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User profile: dustman444

Joined: July 31, 2008

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Total Comments: 2 (view all)

Lazyfaire is correct when he says "The free market assumes only that people will act out of self-interest. Competition ensures fair and reasonable." But as Alan Greenspan said, his biggest mistake was assuming that people would act out of self interest rather than greed. And certainly competition ensures a fair and reasonableeconomy. That is why most business' today concentrate on limiting or eliminating competition by buying up competitors or forcing them out of business.
Capitalism has become a game instead of a business. The goal is to see how far you can push the envelop without getting caught. And when the envelop finally falls over the edge, everyone wants a do over.

(Suggest removal) 5/10/09 at 10:57 a.m.

And McCain is the guy who is going to give him the mortgage. Now who do you want to elect, the guy smart enough to take a good deal when he sees one, or the guy who is stupid enough to make a bad deal because he thinks he can make a buck off it.

PS: Compare the John McCain of 2008 to the John McCain of 2000 and tell me what he really stands for. I got very confused when I tried it.

(Suggest removal) 7/31/08 at 10:05 a.m.

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