Devil505 wrote:To my way of thinking what is needed here is a more realistic overall attitude towards business & its regulation by government. We have tried a "Free Market"....no rules approach to government oversight for the last 8 years & we are practically back in the Depression of 1929 because of it. We have also tried to much regulation, which does tend to stifle business. IMO, what is needed is a little common sense, which has been recently lacking but understands two pretty solid principles:
1. Left unchecked, most businesses will succumb to a mentality of "Corporate Greed" & therefore must be reasonably regulated.
2. Business will always be more efficient & productive than government.
Therefore, we need to grow up (mentally) in this country & admit that some regulation is necessary but too much is not good either, & that any politician that tries to sell you a simple, "I can explain it in a 2 minute "Sound Bite" idea is full of you know what! It will never be simple or easy & will require compromise on both sides to ever really work.
need more regulation in these areas, problem is congress is the last bunch of people to do it as they do a very, very poor job of it. They are quickly bought off by lobbyists (look at Fannie & Freddy). A democracy will not succeed without self control, and as a country we have lost that critical element. It's now just "all about me". The pork debt congress has rolled up is not payable. It's something like $50k per family for every family in America. That ain't going to happen. And the debt just keeps piling higher and higher each and every day. IMO, we as a country are doomed.
That is one reason why I bought property in Costa Rica. Great people, very low cost of living, spectacular weather, ocean fishing 365 days per year, a very clean & neat, pro American country with excellent healthcare at very low cost. You know, the way things used to be in America...