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View Diary: Beyond American Capitalism (16 comments)

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  •  A capitalistic society has to have enforced (1+ / 0-)
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    regulation.  It seems we had enough regulations to stop the subprime fiasco, but the regulations were ignored and the regulations didn't cover all lenders. Why the regulations didn't cover all lenders is a good question.  

    A smart, honest government would enforce regulations.

    There should be non-political advisors that are honest with people when the stock market is becoming overbought.  It is amazing how great and underpriced the market is according to many of the financial shows up to the point where it starts falling.  

    It used to be important that people were as good as their word, but this government gets a kick out of tricking people.

    True capitalism would give us access to prices overseas that would compete with our jacked up prices here.  I suppose the lower dollar will make them expensive too.

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