Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Pelham

I honestly believe in the current political environment - and the new administration in the near future, a vast nationalization of many major arenas - including big banking. I just believe the US has set itself on a nearly unstoppable track to full-blown socialism. Both primary candidates have proven track records of being inclined that direction, and so many in this country now are already reliant on Big Daddy Gubmint. Official jump to socialism is now only a baby-step away -


208 posted on 07/14/2008 7:39:52 PM PDT by TheBattman (Vote your conscience, or don't complain about RINOs!)
[ Post Reply | Private Reply | To 197 | View Replies ]


To: TheBattman

I think we may see some of the Glass-Steagall Act provisions restored. And definitely some regulation of mortgage origination and collateraliztion. We may see something done to regulate hedge funds.

And we may see some interest in the global wage arbitrage that Craig Roberts has been writing about.

We definitely need an administration that stops spending so much or the dollar is going to be worth less than the paper its printed on.


212 posted on 07/14/2008 8:20:48 PM PDT by Pelham (Press 1 for English)
[ Post Reply | Private Reply | To 208 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson