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post #1 of 8 (permalink) Old 03-29-2008, 11:14 AM Thread Starter
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Big Brother 2008

Quote:
The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system.
http://www.nytimes.com/2008/03/29/bu...gewanted=print

My 401K is now a 400K (was 301K)
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post #2 of 8 (permalink) Old 03-29-2008, 11:38 AM
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So let's take the free market system and do away with it, instead of allowing it to self regulate.

I don't like Paulson.

1/19/09, the last day of Free America.
Pericles "Freedom is the sure possession of those alone who have the courage to defend it. "

"[T]he people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same when their protection, safety, prosperity, and happiness require it." --Samuel Adams


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post #3 of 8 (permalink) Old 03-29-2008, 02:03 PM
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quote from Mayer Amschel Rothschild

"Give me control of a nation's money, and I care not who makes the laws."
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post #4 of 8 (permalink) Old 03-29-2008, 04:16 PM
 
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Quote:
Originally Posted by Sean88gt
So let's take the free market system and do away with it, instead of allowing it to self regulate.

I don't like Paulson.
ditto..dont like Bernanke either. I feel like they dont have our best interests at heart or they have no clue..either is possible but only time will tell I guess
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post #5 of 8 (permalink) Old 03-29-2008, 04:42 PM
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the monkeys in congress do it again!

goodbye free-market. hello socialism.

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post #6 of 8 (permalink) Old 03-29-2008, 05:02 PM
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More like hello fascism.

This is expected in a place where people lay down their freedom in the name of security, financial or otherwise. They're slowly taking control of this mother fucker and we're just sitting back watching it all happen under our noses. This is the reason I thought in the beginning of this recession that it was almost staged or orchestrated by those who wish to gain greater control of the federal reserve. Looks like they got what they wanted. Like SOHC said, this sounds like the swan song of the free-market capitalism game...

Thus Spoke Zarathustra
---
This will help everyone out, check it.
It is time we acknowledged a basic feature of human discourse: when considering the truth of a proposition, one is either engaged in an honest appraisal of the evidence and logical arguments, or one is not. Religion is the one area of our lives where people imagine that some other standard of intellectual integrity applies.
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post #7 of 8 (permalink) Old 03-29-2008, 05:06 PM
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Quote:
Originally Posted by STANGGT40
quote from Mayer Amschel Rothschild

"Give me control of a nation's money, and I care not who makes the
laws."

VERY pertinent.

Thus Spoke Zarathustra
---
This will help everyone out, check it.
It is time we acknowledged a basic feature of human discourse: when considering the truth of a proposition, one is either engaged in an honest appraisal of the evidence and logical arguments, or one is not. Religion is the one area of our lives where people imagine that some other standard of intellectual integrity applies.
-Sam Harris
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