Big Government to the Rescue

What makes you think capitalism depends on credit? I thought capitalism is private agreements. Some might use credit and some might not. "The lesson of the almost 100 (smaller) financial crises of the past three decades is that only government intervention can stabilize the system when it chokes." Really? Then why doesn't the system stabilize? "... devise a workable and flexible plan to dispose of the mountains of assets that the government is taking over" Why reinvent the wheel? Isn't this what bankruptcy is for? "Some problems require more regulations." Have 'more regulations' ever fixed anything? "Governments create markets..." I thought markets were created by 2 or more entities wanting to do a deal. "... and markets can exist only with regulation" Really? Examples that have no regulations to speak of: Black markets, yard sales, etc. "Bernanke is a brilliant man.." HOw so? What is an example. So far he just prints money, just like Mr. Greenspan. How does that make one brilliant? "In Paulson, ...'bold and persistent experimentation'". In other word he does not know what he is doing, right??? Everyone who has not studied any history has an opinion. Historically fait currencies last about 70-80 years. All of them have failed. The USD, or more accurately, Federal Reserve Notes, are a world reserve currency so things are a bit different. They have lost 95% of purchasing power since introduction in 1913. This is the USA's 3rd central bank. The previous 2 also failed. I find it amusing that this author holds in high regard Mr Bernanke and Mr. Paulson as they steal our money, in broad daylight, through the hidden tax of inflation. Oh, "Congress is acting in a responsible ... fashion." Sure!

It is not any different this time: Wall Street recreates itself thinking it can re-define the basics of Finance. Every 8-10 years it expands the latest creative idea to an extreme, holding all regulations at bay, and after the few walk away with the riches, they hand the losses to the masses, via a government bailout. From the '87 Crash, Junk Bond Crisis, Tech Bubble and now the Housing CDO, Derivatives, CDS's and more. STOP IT!





leave the

"Markets can't exist without regulation." What a blatant lie! The free market can be as simple as I have an orange, you have an apple, and we agree to trade. Regulation is when a third party steps in and says No, even though you both agree to the trade, I will still step in and interfere.

"ABOVE ALL THINGS I hope that the education of the common people will be attended to, convinced that on their good sense we may rely with the most security for the preservation of a due degree of liberty." Thomas Jefferson

That's an ambitious and unsubstantiated introduction: Markets can't exist without regulation. Of course they can exist without regulation! Just admit that you wish to control the way markets exist -- and perhaps that you have never yet seen an unregulated market. What you folks call deregulated is anything but unregulated! Sheesh!

That's a pretty ambitious and unsubstantiated introduction: "Markets can't exist without regulation." Of course they can exist without regulation. Sheesh! Just admit that you wish to control the way markets run.

Smart, regulatory policies are an unfortunate necessity (and can boost confidence) when human beings have unlimited wants and organized GREED will always seek to be unbridled. History teaches this when you analyze any large market system with many competing interests.

As a public high school teacher, the current state of our public institutions reflect our values as a society, from my point of view. I ask Newsweek readers to PLEASE consider the following comparison of our institutions: our pubic schools and our private financial "powerhouses" that are now being bailed out with our taxpayer dollars.

We are bailing out these failing institutions with taxpayer dollars while the state of our public school system continues to decline. Think about this, voters PLEASE! Not just for the sake of your own personal interests, but for the sake of our country.

Good teachers are being laid off and class sizes are growing. No child left behind is a law that requires improvements without funding to implement these improvements. Schools are listed as "failing schools" (terrible for morale) because of unrealistic goals/unfunded mandates funded by politicians seeking to score political points. What is often "left behind" in our public schools is often a stressed out skeleton staff that does not have the ability to properly educate our students.

Meanwhile, these corporate lobbyists that effectively secured deregulation and what they consider "optimal" conditions for success (deregulation). And a few well-connected people have lined their pockets with enormous amounts of other peoples' money.

John McCain has a record of being a major player and advocate of deregulation and has taken money TIME AFTER TIME from the deregulation lobbyists - the very same "fat cats" he's now criticizing! NOW McCain is calling for change, when his deregulation in part has created this mess?

This sort of short-term gain at the expense of long-term growth way of thinking has infected our entire way of running our society.

Unfortunately, young people (the MAJORITY) of our future do not have the money or the resources to hire corporate lobbyists. Their teachers and their schools have limited resources. And there are little organized efforts to reform and progress/ lead our public schools into the 21st century. In every other developed and developing country we compare our students' progress with, there are sustained efforts to improve, fund, and prioritize education.

In America, we are starving our schools while bailing out reckless fat cats who've thrived on greed. Is this the American Way? Or have we lost our way?

Let this difficult period be a lesson. We all want healthy money markets and retirements. We must see the connection between healthy public schools and a healthy economy that is investing in human capital. Hopefully (as we say in class) we will learn from all of this and use it to improve, grow, and succeed.

Unfortunately for people throughout the world, Bush and all other leaders et al with their venerable armies of advisers could not see the failings of the market system. Indeed, they worshiped the system like it was a religion. So these same people who are now saying that they will be our saviours and fix the system that they up to two weeks ago adored, are to be expected to make things better. I do not think so and all this is a load of 'hot' air as usual. Things are going to be bad, very bad indeed for quite a few years now (possibly at least a decade) and no matter what these idiots say, I would not believe them if they were the last people living on this planet. Their hypocrisy is without compare.

Considering everything, the capitalist system is totally flawed. Only the few benefit with wealth far in excess of their wildest dreams whilst millions starve to death every year (I thought again that our present leaders were doing something substantial about this awful situation, but I have not heard/seen anything of any major substance yet). Economics has now to change to 'need' economics from the greed economics of the past. If not, the capitalist system will eventually be the end of human life on this planet. It is only a matter of decades and not centuries we are looking at here as natural resources deplete.

Let us hope therefore that the financial collapse of major institutions that exploited/supported past greed to the limits and where the US government is now pumping in at least US1 trillion just to buy the debt that they have created, will make our political masters see the light and that a new dawn has to be forged based upon humanitarian principles and not the planet's destructive forces - super capitalism (globalization).

Next month the World Innovation Foundation's new global economic framework will be outlined in accordance with what is required by the laws of sustainability and the continuation of the human experience. This outline is being given to Press TV and no other Media source. Therefore if those who wish to know of a new system based on human values and international commerce I would recommend that they visit Press TV around the end of October. It is a totally independent submission based upon the private thinking of many of the world's leading minds.

Dr David Hill
World Innovation Foundation Charity (WIFC)
Bern, Switzerland

Unfortunately for people throughout the world, Bush and all other leaders et al with their venerable armies of advisers could not see the failings of the market system. Indeed, they worshiped the system like it was a religion. So these same people who are now saying that they will be our saviours and fix the system that they up to two weeks ago adored, are to be expected to make things better. I do not think so and all this is a load of 'hot' air as usual. Things are going to be bad, very bad indeed for quite a few years now (possibly at least a decade) and no matter what these idiots say, I would not believe them if they were the last people living on this planet. Their hypocrisy is without compare.

Considering everything, the capitalist system is totally flawed. Only the few benefit with wealth far in excess of their wildest dreams whilst millions starve to death every year (I thought again that our present leaders were doing something substantial about this awful situation, but I have not heard/seen anything of any major substance yet). Economics has now to change to 'need' economics from the greed economics of the past. If not, the capitalist system will eventually be the end of human life on this planet. It is only a matter of decades and not centuries we are looking at here as natural resources deplete.

Let us hope therefore that the financial collapse of major institutions that exploited/supported past greed to the limits and where the US government is now pumping in at least US1 trillion just to buy the debt that they have created, will make our political masters see the light and that a new dawn has to be forged based upon humanitarian principles and not the planet's destructive forces - super capitalism (globalization).

Next month the World Innovation Foundation's new global economic framework will be outlined in accordance with what is required by the laws of sustainability and the continuation of the human experience. This outline is being given to Press TV and no other Media source. Therefore if those who wish to know of a new system based on human values and international commerce I would recommend that they visit Press TV around the end of October. It is a totally independent submission based upon the private thinking of many of the world's leading minds.

Dr David Hill
World Innovation Foundation Charity (WIFC)
Bern, Switzerland

Unfortunately for people throughout the world, Bush and all other leaders et al with their venerable armies of advisers could not see the failings of the market system. Indeed, they worshiped the system like it was a religion. So these same people who are now saying that they will be our saviours and fix the system that they up to two weeks ago adored, are to be expected to make things better. I do not think so and all this is a load of 'hot' air as usual. Things are going to be bad, very bad indeed for quite a few years now (possibly at least a decade) and no matter what these idiots say, I would not believe them if they were the last people living on this planet. Their hypocrisy is without compare.

Considering everything, the capitalist system is totally flawed. Only the few benefit with wealth far in excess of their wildest dreams whilst millions starve to death every year (I thought again that our present leaders were doing something substantial about this awful situation, but I have not heard/seen anything of any major substance yet). Economics has now to change to 'need' economics from the greed economics of the past. If not, the capitalist system will eventually be the end of human life on this planet. It is only a matter of decades and not centuries we are looking at here as natural resources deplete.

Let us hope therefore that the financial collapse of major institutions that exploited/supported past greed to the limits and where the US government is now pumping in at least US1 trillion just to buy the debt that they have created, will make our political masters see the light and that a new dawn has to be forged based upon humanitarian principles and not the planet's destructive forces - super capitalism (globalization).

Next month the World Innovation Foundation's new global economic framework will be outlined in accordance with what is required by the laws of sustainability and the continuation of the human experience. This outline is being given to Press TV and no other Media source. Therefore if those who wish to know of a new system based on human values and international commerce I would recommend that they visit Press TV around the end of October. It is a totally independent submission based upon the private thinking of many of the world's leading minds.

Dr David Hill
World Innovation Foundation Charity (WIFC)
Bern, Switzerland

Dear concerned citizens of America and Mass Media of the U.S.A.

As a concerned registered independent voter, forensic psychiatrist, disabled American I made my decision to vote after taking into consideration following joint tickets attributes and characteristics.

1. Has the ticket shown adequate calmness, coolness, and connectedness's under pressure to lead our nation [Presidential Temperament]?

2. Has the ticket shown sustained sound "Judgment and Caliber"?

3. Has the ticket shown adequate understanding of depth and degree to address the crucial challenges in their their purpose, policies, and positions [ Honesty, integrity and sincerity]?

4. Has the ticket sufficient "understanding and knowledge" of inside Washington workings [Experience]"?

5. Has the ticket reservoir resilience, wisdom, and vigor to address the present and future f our beloved "Great-grand Nation"?

6. Has the ticket enough joint foreign policy experience and exposure based on " Values, Virtues, Vastness, and " [American moral soul]"?

7. Has their campaign talk, slogans, ads, plans, and programs based on facts and are they free of fear, fiction, frivolous labels, unfair attacks, negativity, and impulsively? [No "imminent danger to national
security and safety"].

8. Has the ticket genuinely kept on message of country first and politics last and avoided copying [Message change"]?

9.Has the ticket message stayed away from Culture divide and war[ Disaster prevention ]?

10. Has the ticket resisted being surrounded, supported and surrogate's by divisiveness, distortion's, and destructive characters, [ Real patriotism VS shiftiness and shameless parrot-ism]?

11. Has the ticket thoughtful, real non-partisan, & non-impulsive plans to address our current economic crisis or political tactics and temperamental statements.

I have personally and professionally concluded that OBAMA-BIDEN ticket will lift and inspire our greatgrand nation back to its greatness within and restore our global standing with the use of maximum, firm
international diplomacy and minimal force if and when indicated {" Peace thru Strenght "}.


Yours sincerely,

COL. A.M.Khajawall [Ret] MD.
Forensic psychiatrist, Disabled American Veteran and Iraq
Freedom team. Grass roots California leader per Senator McCain's mailings.

Dear concerned citizens of America and Mass Media of the U.S.A.

As a concerned registered independent voter, forensic psychiatrist, disabled American I made my decision to vote after taking into consideration following joint tickets attributes and characteristics.

1. Has the ticket shown adequate calmness, coolness, and connectedness's under pressure to lead our nation [Presidential Temperament]?

2. Has the ticket shown sustained sound "Judgment and Caliber"?

3. Has the ticket shown adequate understanding of depth and degree to address the crucial challenges in their their purpose, policies, and positions [ Honesty, integrity and sincerity]?

4. Has the ticket sufficient "understanding and knowledge" of inside Washington workings [Experience]"?

5. Has the ticket reservoir resilience, wisdom, and vigor to address the present and future f our beloved "Great-grand Nation"?

6. Has the ticket enough joint foreign policy experience and exposure based on " Values, Virtues, Vastness, and " [American moral soul]"?

7. Has their campaign talk, slogans, ads, plans, and programs based on facts and are they free of fear, fiction, frivolous labels, unfair attacks, negativity, and impulsively? [No "imminent danger to national
security and safety"].

8. Has the ticket genuinely kept on message of country first and politics last and avoided copying [Message change"]?

9.Has the ticket message stayed away from Culture divide and war[ Disaster prevention ]?

10. Has the ticket resisted being surrounded, supported and surrogate's by divisiveness, distortion's, and destructive characters, [ Real patriotism VS shiftiness and shameless parrot-ism]?

11. Has the ticket thoughtful, real non-partisan, & non-impulsive plans to address our current economic crisis or political tactics and temperamental statements.

I have personally and professionally concluded that OBAMA-BIDEN ticket will lift and inspire our greatgrand nation back to its greatness within and restore our global standing with the use of maximum, firm
international diplomacy and minimal force if and when indicated {" Peace thru Strenght "}.


Yours sincerely,

COL. A.M.Khajawall [Ret] MD.
Forensic psychiatrist, Disabled American Veteran and Iraq
Freedom team. Grass roots California leader per Senator McCain's mailings.
PS:Save America vote Obama.