Comments on: No, the Free Market Did Not Cause the Financial Crisis http://dailyreckoning.com/no-the-free-market-did-not-cause-the-financial-crisis/ Covering the economy, global markets and world politics. Sat, 21 Nov 2009 22:19:44 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Dave http://dailyreckoning.com/no-the-free-market-did-not-cause-the-financial-crisis/#comment-8192 Dave Fri, 15 May 2009 15:28:44 +0000 http://dailyreckoning.com/?p=15376#comment-8192 The finacial melt down was caused by the Commodity Futuers Moderization Act of 2000. Better know as the Enron Bill. That piece of legislation allow the outragious growth of CDS's and COD's. All without government oversight. The finacial melt down was caused by the Commodity Futuers Moderization Act of 2000. Better know as the Enron Bill. That piece of legislation allow the outragious growth of CDS’s and COD’s. All without government oversight.

]]> By: Vincent Jenks http://dailyreckoning.com/no-the-free-market-did-not-cause-the-financial-crisis/#comment-7423 Vincent Jenks Wed, 06 May 2009 21:58:19 +0000 http://dailyreckoning.com/?p=15376#comment-7423 dw, Your comment only outs you as a complete ignoramus. The United States left free markets behind decades ago, starting w/ the Fed in 1913 and vastly accelerated w/ the New Deal. We practice "State Capitalism", better known as Economic-Fascism. State redistribution of wealth and central economic planning caused this "crisis" and the state is working overtime to make it worse by doing *more of the same*! dw,

Your comment only outs you as a complete ignoramus. The United States left free markets behind decades ago, starting w/ the Fed in 1913 and vastly accelerated w/ the New Deal. We practice “State Capitalism”, better known as Economic-Fascism. State redistribution of wealth and central economic planning caused this “crisis” and the state is working overtime to make it worse by doing *more of the same*!

]]> By: Sam http://dailyreckoning.com/no-the-free-market-did-not-cause-the-financial-crisis/#comment-7419 Sam Wed, 06 May 2009 21:35:48 +0000 http://dailyreckoning.com/?p=15376#comment-7419 "You want to limit the power of the huge corporate conglomerates to sabotage your democracy" That's assuming that democracy is good, holy, the standard to which all others should be held, and the pinnacle of human achievement. “You want to limit the power of the huge corporate conglomerates to sabotage your democracy”

That’s assuming that democracy is good, holy, the standard to which all others should be held, and the pinnacle of human achievement.

]]> By: John G http://dailyreckoning.com/no-the-free-market-did-not-cause-the-financial-crisis/#comment-7416 John G Wed, 06 May 2009 20:43:27 +0000 http://dailyreckoning.com/?p=15376#comment-7416 What free market? Bust up all global corporate oligopolies. Spin their divisions off into competing stand alone corporate entities. You want free markets and innovation? You want to limit the power of the huge corporate conglomerates to sabotage your democracy, play sovereign tax authorities off against one another, play each nations work force off against one another? Then they must be broken up. Innovation for the 21 st century. A braver new world. What free market? Bust up all global corporate oligopolies. Spin their divisions off into competing stand alone corporate entities. You want free markets and innovation? You want to limit the power of the huge corporate conglomerates to sabotage your democracy, play sovereign tax authorities off against one another, play each nations work force off against one another? Then they must be broken up. Innovation for the 21 st century. A braver new world.

]]> By: clairesolt http://dailyreckoning.com/no-the-free-market-did-not-cause-the-financial-crisis/#comment-7406 clairesolt Wed, 06 May 2009 19:08:04 +0000 http://dailyreckoning.com/?p=15376#comment-7406 While the government subsidizes the imbalances and everyone looks for signs of the old economy returning millions of unemployed are sniffing out unmet needs and opportunities. They will start new ventures and hire others. That is how recovery happens and I don't see that anyone in media or government knows that. While the government subsidizes the imbalances and everyone looks for signs of the old economy returning millions of unemployed are sniffing out unmet needs and opportunities. They will start new ventures and hire others. That is how recovery happens and I don’t see that anyone in media or government knows that.

]]> By: Sparkie http://dailyreckoning.com/no-the-free-market-did-not-cause-the-financial-crisis/#comment-7403 Sparkie Wed, 06 May 2009 18:46:37 +0000 http://dailyreckoning.com/?p=15376#comment-7403 Right on! Once again,Thomas. I c some people "just don't get it!" In the fullness of time they will! Happy Trails All...*S* Right on! Once again,Thomas. I c some people “just don’t get it!” In the fullness of time they will! Happy Trails All…*S*

]]> By: dw http://dailyreckoning.com/no-the-free-market-did-not-cause-the-financial-crisis/#comment-7389 dw Wed, 06 May 2009 16:33:40 +0000 http://dailyreckoning.com/?p=15376#comment-7389 you are correct. It was the UNREGULATED free market that caused the Financial crisis. But besides that, the rest of the crap in this article is just that, crap. I read a couple of other articles on this site too, all crap. I find it interesting that this site is run by a Financial company. Bitter much? Losers. you are correct. It was the UNREGULATED free market that caused the Financial crisis.

But besides that, the rest of the crap in this article is just that, crap. I read a couple of other articles on this site too, all crap.

I find it interesting that this site is run by a Financial company. Bitter much?

Losers.

]]> By: airbil http://dailyreckoning.com/no-the-free-market-did-not-cause-the-financial-crisis/#comment-7289 airbil Tue, 05 May 2009 19:33:59 +0000 http://dailyreckoning.com/?p=15376#comment-7289 This whole debacle just pisses me off. Time after time and once again, I just don't know what to say anymore. This whole debacle just pisses me off. Time after time and once again, I just don’t know what to say anymore.

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