Ferrari Mailing List: Re: Latest Government Actions (NFC)

[LarryT (l02turner]

   A lot of the present problems were caused by govt regulation and 
pressure to give loans to people who should not normally qualify for one or 
for loans too large for the person -

   Now that the house of cards has come crashing down, the people who 
caused the problem are getting a free ride - no one is pushing for an 
investigation of the legislators who set this mess up - in the name of 
putting everyone in a home of their own or more home than they could 
afford - and now that the crisis has erupted the financial companies who 
made the loans are left holding the bag - until... TADA!  the govt rides in 
on a white horse and saves the day.  And all the people who caused the 
problem are quietly sitting in the shadows...

now, who wants to talk about watches?  What's the best way to buy a high end 
watch - I've always liked
Breitlings and the Chopard Mille Miglia although I can't afford one.  Do you 
just walk into a jewelry and point & pay, or are there better ways?  (by 
better I mean less expensive)
;-)

Or, we can talk about guns ---

Take Care,
Larry T
http://youroil.net
Carb & Jet Settings:
http://members.rennlist.org/oil/  - Oil Testing
http://members.rennlist.org/webercarbs/
----- Original Message ----- 
From: "Paul Bennett" <pbennett [at] macnet.com>
To: "Larry Turner" <l02turner [at] comcast.net>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Sent: Sunday, September 21, 2008 1:37 AM
Subject: Re: [Ferrari] Latest Government Actions (NFC)


> > By definition, it's not capitalism if the government steps in to bail
> > them out. Capitalism is based on the FREE market economy - meaning free
> > of artificial influences besides supply and demand.
>
>
> Capitolism based on FREE market is true in theory
> But requires monitoring to see if the market is really FREE or biased by 
> greedy acts.
> Government screws up not monitoring the greed cuz you know why.
> Things get out of hand and Govenment says Free Market.
> Lasts one day and saner minds step in.
> Enough blame to go around but you can't set on your hands when
> the ship is going down.
>
> Monitoring doesn't mean regulations.  Just peeking in to see if 
> regulations
> were needed.   It was obvious now that regulations are needed
> politics dictate the control of congress.  Time for a year of ararchy yet?
> Or bring Gingrich  back.
>
>
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