dukeanthony
New Member
Anyone watch football? Lets get rid of all the rules
Further Proof the Tea Party is anti American
- Thread starter dukeanthony
- Start date
Mr Neutron
Well-Known Member
Does anybody here live in France? I think he is referring to the US government.
I don't think any reasonable person would advocate NO regulations but most of what is passed as "good" regulations has actually had the exact opposite effect than the announced intention.
For example, the US drug policy. The supposed intention was to make the US largely drug free and safer, has that happened? Did the banking regulations prevent the most recent financial distress? Have the campaign finance reforms improved our choices for public office? Has the progressive tax system, which you have admitted is designed for wealth redistribution, eliminated poverty? Has the regulations of the FDA protected us against contaminated food or dangerous prescription drugs? Need I go on?
dukeanthony
New Member
Drug policy in the USA was rooted in racism. Go study the history
mame
Well-Known Member
No, but that has more to do with the constant elimination of banking regulations leading to massive risk taking. If Glass-Steagal and other regulations remained in place(untampered by repeal efforts, notably the Gramm–Leach–Bliley Act) they could have done their job but those pesky righties in congress are constantly at work dismantling these protections. Dodd-Frank, frankly, doesn't do enough. Sadly, this act has been politicized by the right as "job killing" and has been completely watered down... But it will still limit out of control risk taking, etc. to some extent.
No, but that's not the main purpose of the progressive tax system. Economic stability is the purpose of the tax system, redistribution is just the means in which it must be achieved.
Mr Neutron
Well-Known Member
Was racism the ANNOUNCED reason for the drug laws? I do know history, thank you, better than you, I think, perhaps you should take some remedial reading classes.
Mr Neutron
Well-Known Member
So... regulations did nothing to stop the recession or end financial disparity, right? You can defer blame and spin it any way you want but the bottom line is that more and more regulation has not worked.
The Bill of Rights has 10 Amendments. The Old Testament has 10 Commandments (the New Testament has only 1). So why do we need thousands upon thousands of regulations that do nothing? Most of these regulations are not even passed by congress, just implemented by their respective bureaucracies.
dukeanthony
New Member
As a matter of congressional record yes. You truly are a pathetic little bitch
mame
Well-Known Member
I'm saying the regulations set in place worked just fine until some conservative nutjobs with an anti-regulatory agenda stripped them of their power so their wealthy overlords can profit at the expense of our nations economic stability and security.
Why do we need thousands of pages of regulations? Tell me, how complicated do you think the financial system is? Surely financial regulations are bound to be complicated and vast in nature considering the vastness of the financial sector? Or would you rather the regulations be so short one could read them over the dinner table? lol...
Mr Neutron
Well-Known Member
Coming from you, that's a compliment, thank you.
Mr Neutron
Well-Known Member
Left, right, democrat, republican... wake up Neo, the Matrix has you.
Why not? Is stealing not illegal? Is fraud not illegal? The more complicated you make things, the easier it is to circumvent the law. All the regulations did not prevent Bernie Madoff, did they? Even though there were people asking the SEC to investigate him.
You can defend your "house of cards" all you want but a house built on a poor foundation will always fail.
canndo
Well-Known Member
So.... If regulations don't result in perfection than the regulations are completely ineffective. Why do anti-regulation people always make the same wrong argument?
canndo
Well-Known Member
10 regulations are likely all that is needed to regulate sheep herding nomads several thousand years ago. Which of the 10 commandments might apply to regulating the drug industry or the chemical industry or logging or pesticides or clean air or water. In fact I recall the bible is PACKED with regulations on what one can eat, how one deals with slaves, etc etc.
really? why would anyone take advice from a complete uninformed loser like you.
Only a fool like yourself, and uncle buck, would think of something like that.
since when is anarchy the same as taking away regulations that thwart the free market?
The purpose of Taxes is to support Government, Who the hell taught you otherwise?
you complete jackass. Ever since the US government got involved in healthcare the cost of medicine has sky rocketed. Why is it that the same medicine is much cheaper in canada and mexico. wrap your little pea brain around that.
How is the quality of that healthcare system you trumpet? Not as good as the US of A.
Wonder why people come over here for certain treatments? We are number one in customer satisfaction. The price is the main problem with our healthcare. Which is the reason people travel to other countries to receive the same operation for a lot lower price.
Which regulations increase competition?
You're an economic retard.
Not allowing the free market to exist in housing is what caused the crash.
read this slowly or have someone explain it to you
banks do not make mortgage loans to people with
1. little to no down payment
2. poor credit history
3. not enough income to make payments
Banks have never and never will UNLESS government has done away with the free market. Nothing whatsoever to do with lack of regulations. If they were not insured by government (government said they would if the banks lowered their normal free market standards) they would never make those loans.
what next, the banks paid back their bailout money?
you need to educate your silly self about economics starting with bubbles. the boom and bust cycles are made by government and the busts are always worse than the booms.
The free money concept. Its the same thing that caused FDRs depression and its the same thing that has caused the cost of education to skyrocket.
mame
Well-Known Member
The reason we have a progressive tax system, and not a flat tax system or otherwise is for the reason you already quoted me saying. Taxes in general, of course, are there to support the government, but there is indeed a valid reason that we have a progressive tax system over any other tax system (again, flat tax comes to mind).
mame
Well-Known Member
Anti-trust laws for one.
The cost of medical care rises every year.
Also, the World Health Organization did a study in recent years that puts the US as the 37th ranked healthcare system. France ranks 1st, second is Italy, Spain is 7th, Japan is 10th, Greece is 14th, the UK is 18th, Switzerland ranks 20th and Germany 25th. ALL of those countries have universal systems.... Funny how what you typed in your post, isn't reality.
Why do people come here for certain treatments? Our OVERALL system is terrible, although we do have a few of the best hospitals in the world. Wealthy people from other countries (like the Saudi King) come here for care because they can afford it... But how is availability for the wealthy an indicator of overall success within a healthcare system? It's not, as evidenced by the US's poor overall rating. I mean, if a rich guy can get the care he needs but millions of poor and middle class American citizens DONT EVEN HAVE health insurance to get themselves care, that is not indicative of a great system.
canndo
Well-Known Member
Of course they do. If a "bank" (lots of morgage institutions of the 90's weren't banks) can manage to secure a note from someone - no matter how, they can sell the note with no regard to how it will be paid and who they originaly sold the note TO. It become someone elses problem. That happened all the time during the bubble. You need to educate yourself on the specifics of the morgage industry.
Dude, the reason it is progressive is to give the majority of folks (Who aren't rich) some sense of fairness in the system, NOT for economic stability.
Ever notice that people with no health care tend to be more safety and health conscious?