Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

BDB
Member since May 2012
40 commentaries -
Follows 1 member

0 followers

has posted a comment on the article :

Thomas Frank: Pity the Billionaires, Marxism for the Master Class

- Jesse - Le Cafe Américain

Jim, it is hard to imagine this guy (Frank) missing the mark any wider. He is dead wrong and overlooks so much of US history and demographics. He labors hard to be 'cute' and enforce the attitude that other views are automatically laughable (in the same way the left and mainstream media sought to make Sarah Palin's name an automatic punchline even when there was no joke). This guy is a simpleton and typifies much of the views of the left--the views that embrace the notion that big government is the answer even before you know what the question is. And he also out of hand dismisses the role of over-regulation in affecting how businesses and corporations react--usually to their own benefit, of course. Yet, when it all goes horribly wrong, as with the housing bubble, the big-government types seek to blame only the corporations and businesses and completely excuse a government that was warned by its own regulators that it was headed for disaster. When regulators went to Congress and told them that Fannie Mae and Freddie-Mac needed immediate attention, the regulators were belittled and threatened. But this clown seeks to ignore all of that and hang it all on Wall Street and the businesses that took the government restrictions and profited from them--as they continue to do today. Government has a regulatory role, but it is quite clear that a government that builds a spider-web of regulations that, often with no guidance whatsoever from legislators, can easily ensnare any and everyone because no one--including the Feds--even understand them, is out of control. This guy isn't fit to lick the boots of Ayn Rand yet dares to criticize here. While his like-minded audience loves to laugh at those he attacks, he really is just echoing the lefts same old tired lines and gags. He is a fool dressed up as someone we're all supposed to be listening to. Complete BS.

Commented 3919 days ago

Send

Beginning of the headline :“Ayn Rand's 'philosophy' is nearly perfect in its immorality, which makes the size of her audience all the more ominous and symptomatic as we enter a curious new phase in our society....to justify and extol human greed and egotism.” Gore Vidal In light of the recent outcries by billionaire Tom Perkins for fair and loving treatment, I thought it might be interesting to explore the mindset that pictures the doyens of Wall Street, and those who have taken fortunes out of the dot.com and housing... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis