Chicagoist: More Problems For the Spire

Scooter Libbby

Fri, 26 Dec 2008 21:56:12 -0600

To get back to the Spire: It will only go forward if Chicago gets the Olympics! No games, no Spire!

Navin

Fri, 26 Dec 2008 21:40:59 -0600

The short version: Laissez Faire Capitalism and Communism are equally reckless, extremist ideologies. The funny thing too Rev. is that boosters of both ideologies find themselves often in agreement as they both like to say: The conditions have never been right for true capitalism/communism. Hehe, equally deluded.

Navin

Fri, 26 Dec 2008 21:35:14 -0600

It's because of free markets, that the weak die and the frauds exposed. In fantasy and theory of course, meanwhile back in reality the SEC/FED/TREASURY/White House are run by "free market" Friedman worshippers who are giving billions (with no transparency) to their friends who also preach about the "free market" until of course-- they lose. Praise the "free market" while you gamble with other people's money.

ReverendSlappy

Fri, 26 Dec 2008 20:51:01 -0600

I see somebody's been drinking the laissez faire Kool-Aid. It was laissez faire-inspired ideology that inspired the reckless, mindless deregulation of the financial industry in the late 90's and early 00's. That, in turn, allowed the formation of an absolutely absurd credit bubble and subsequently turned what would have been a typical downward part of the cycle into a major world-wide catastrophe. It wasn't anything "socialistic", despite what the right wing apologists would try to have us believe. The short version: Laissez Faire Capitalism and Communism are equally reckless, extremist ideologies. It's just that the latter has been fully undertaken and found to be a complete failure while the former has blown up in our faces in more limited instances in which remarkably foolish and unforgivably reckless people attempted to apply it.

EvilPoliticians

Fri, 26 Dec 2008 19:05:17 -0600

Navin - Don't be so naive. No one ever promised Free Market theories are without any pain. It's because of free markets, that the weak die and the frauds exposed. Socialistic markets prop up theses failures and simply extend the inevitable.

Navin

Fri, 26 Dec 2008 15:05:13 -0600

Funny watching all these favorite economic 'tigers' that the free market disciples loved to boast about fall apart in our pyramid scheme of a world economy.