Get ready for Gas increase!

[daf62757]

Originally Posted by SilverGlow

And you so willfully refuse to list the private sector F-ups like Enron, Madoff, GM, Ford, Chrysler, and the many other PRIVATE companies that have made really bad mistakes because of greed.

I agree that government should not dictate, but for you to blame it all on the government and not mention the massively bad F-ups the private sector created is plain wrong.

Big Gov is bad, and inefficient. However unregulated private enterprise is just as bad if not worse.

The answer is something in the middle.

And as to this latest mortgage F-up, the blame is 90% private sector companies, and 10% mortgage loan holders (Joe Publict) for agreeing to really stupid loan terms. If the government is to blame, it is to blame for lack of regulations.

I don't think Forf or GM screwed up. The government won't allow new drilling and new refineries so the cost skyrockets and that is what is killing the American automakers. Government regulations only cause people to loose jobs.

You only to look at this latest so called stimulus bill to realize that government is the problem.