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View Diary: The White House Shows its Hand and the Republicans Fold (195 comments)

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  •  In conservative land (2+ / 0-)
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    leftreborn, elwior

    those problems didn't happen because of the private sector. They happened because of distortions caused by government.  Or government interference prolonged the pain.  This is BS, but if you read and listen to enough conservatives this perspective comes through pretty consistently.  

    •  It's just a pitiful attempt to try to cover their (1+ / 0-)
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      tracks.  Private sector business corporations came running to government to bail them out because they failed to manage risk, which is their own responsibility.  They all got drunk on the same koolaid they were drinking since 1980.  They insisted they didn't need regulation because the market regulates itself.  Government was told to get out of the way by con men whose own lack of ethics and morality justified the fraud they perpetrated.  Greed and focus on short-term profits played in.  They built it.

      "Those who deny freedom to others, deserve it not for themselves." - Abraham Lincoln

      by leftreborn on Thu Dec 13, 2012 at 05:37:53 AM PST

      [ Parent ]

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