Comments on Jay Midnyte: Let the Free Market Lead the Recovery

And therein lies the rub, Jay. Your definition of ...

2010-01-31T04:42:10.653-07:00

And therein lies the rub, Jay. Your definition of Free market is not totally free (as is the case of most of these people desiring it so).

The word "Regulation" denotes a directed path, rule or guidance, certainly not "free"dom.

I hear all these Free Marketeres going on TV and what they want is even more deregulation.

I do not think for a second that the regulations (rules and laws) put in place have been the problem, especially since many of the financial fiasco came from the elimination of such rules, laws (regulations).

So, it is the terminology, again, that is the issue.

Just like the word liberal, it has grown in many quarters to be a nasty word, whereas I actually think it is a good word. But I think of liberality in ways that the nutcases would never think of.

Same with the word Progressive, even though I know both conservative and liberal progressives.

Maybe we need to change terminology and take away these bastards wedge creators.

Glass Steagall is necessary in a free market so I ...

2010-01-31T01:09:49.122-07:00

Glass Steagall is necessary in a free market so I don't know why people would fall for it if they used the argument that repealing it allows for free market activity. It protects the system from itself...

when i say free market i dont mean totally free no rules. i just mean stay out of private sector business as much as possible, ENCOURAGE small business by NOT burdening entrepreneurs with complicated tax codes and regulations. DONT SUBSIDIZE CORN PRODUCTION for the creation of ethanol, another stupid government idea. Allow entrepreneurs the freedom to solve problems like finding efficient fuels that help us all.

And your last paragraph... I dont know if its illegal now but it will be soon...

http://farmwars.info/?p=1145

http://farmwars.info/?p=1207

Jay, Maybe if you go back to self sustenance days,...

2010-01-29T04:35:44.536-07:00

Jay, Maybe if you go back to self sustenance days, there was a free market, but even then, I am not so sure how "free" it was. Just as a contrariwise example, the earliest settlers were "forced" to grow hemp. That ain't free.

There has always been something that keeps it from being totally free in the USA. And, to be honest, I don't know that I want it totally free.

Why?

Because then, without any regulation whatsoever, you get pretty much the type of abuses we got with this latest fiasco, in which the Glass-Steagall Act erasure was the room given for them to steal us blind.

Supposedly, this was a move back towards free marketism. Supposedly, but all it did was create monopolies and too big too fail owners of America.

The problem is that I have never really seen a free market and those who keep championing it haven't either (including Paul).

It is an ideal they think will be the answer. I don't think it is all that.

You know, during the summer, I can go to a local framer's market or several street side vendors and buy food they grew. I wonder if it is legal? No one messes with them.

I agree with everything you said except the "no su...

2010-01-28T23:11:10.838-07:00

I agree with everything you said except the "no such thing as as free market."

If I was legally allowed to grow my own food and sell it to whoever I wanted to sell it to, I would consider that a free market. But this is illegal because there are laws about what has to be done to food before you supply it to buyers. there was a time in America where people could do these types of things without worrying about the government hounding them about how to grow and treat THEIR food. Just one example.

One problem, there is no such thing as a "free mar...

2010-01-28T06:03:20.725-07:00

One problem, there is no such thing as a "free market". It is like a dog chasing its own tail.

Even before the Fed, there was no "free" market.

Everything is manipulated, down to consciously engineering things to fail sooner to prop up the consumer economy.

The release of restrictions on banks and allowing them to blur lines in the scope is not "free marketology". It simply allowed those thieves to steal even more.

As for your last paragraph, we already crossed the line of never going back. China announced yesterday that they are scaling back investments into the Dollar and our debt.

This is the first step in "The Fall". Others will follow.

We will then be forced to do "corrections", even tho any sane, economically strong president and congress would have already done these measures.

but then again, we assume that they have our best interests in mind.

I don't believe that.

I don't believe that they are trying their best, but are too stupid, idiotic or inept to do the job.

What is happening is planned and going forward exactly TO plan.

They plan on fucking us. They plan on making life VERY hard on us where we will accept anything they throw as a life line. They want us dependent upon the Nanny State. They want us desperate, so much so that we will join the service just to feed our families. They want us to suffer so that when they offer "the solution", we will grab it with desperate hands and will do anything they ask of us... even rat out family and friends.

Prove me I'm wrong. Bring me down with logic and fact to counter what I say. I dare you.