Miscellaneous > The Lounge
Should the US government do anything about the financial crisis?
SiMuLaCrUm:
--- Quote from: worker201 on 1 October 2008, 08:17 ---
--- Quote from: SiMuLaCrUm on 1 October 2008, 04:22 ---See what happens. If nothing fixes it self in say, 4 or 5 months, try to fix it.
But since it is the marketers and their greed that got the economy in this mess in the first place, I think it should be their responsibility to fix it.
--- End quote ---
Economics is a weird science. Things you do now might have no effect for 2 years, and effects you see immediately might actually be effects of something that happened 10 years ago. It's not like fixing a car, where if it dies on the side of the road, you just call a wrecker and take it to the shop, where they quote you a price to get it back on the road again. Economics is more hit/miss - any bailout plan may work, or it may not. Even if we were to come up with a super-lucky plan that guaranteed results, we still wouldn't see the benefits for 6 months. Effectively, you're suggesting an entire year of bank runs, foreclosures, stock dives, and low-level tinkering. Not a good idea. Either do it now and cross your fingers, or commit to non-interference and set up a bunch of shelters.
--- End quote ---
So the butterfly effect works big time here... I see.
--- Quote ---We fucked up - now time to pay the price. Government is not our mommy. Besides, bailing everyone out might end up increasing future risk-taking: "It's ok, if we screw up again, we'll just ask the government for another bailout."
--- End quote ---
Makes sense, to an extent. I don't think the government would willingly allow the economy to collapse.
davidnix71:
I suggest the Soviet penal model because the crooks here won't commit seppuku when they get caught thieving from the people.
The Soviet economic model sucked, but if we bail out crooks, then so does ours. What has been done is treason and should be treated as such.
I didn't cheer when the planes hit the towers, but I didn't give a shit either. The dead were stock brokers and those who tried to save them. In the US public stock brokering isn't exactly an honest occupation. They make money trading on inside info (legally).
worker201:
But fighting fires with a "save em all, let God sort em out" attitude is a pretty honest occupation. If nothing else, we lost a lot of brave rescue workers that day.
fishcorn:
Oh, I'm crying! A bunch of worthless blue collar boneheads who were too dumb to do anything else with their lives but shoot water at fire and follow orders like mindless drones, the type of people who would punch babies to death for no other reason than "durrr the sarge said to", the type of jingoistic idiots who keep the people who cause all of the problems in the world in power due to stupid concepts like duty and honor. If they'd survived, between them they probably would have pissed out thousands of boneheaded kids just as worthless as them. There will always be more dumbfucks to replace them though; don't worry about that.
Yeah, all of those American Bastards dying was a huge loss. S)
SiMuLaCrUm:
Firefighters aren't like the ones in Fahrenheit 451. They actually do care for who they save, and don't do things just cos they are told to. I'm sure there are some out there like that, but not all.
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