ferfux Wrote:
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> Dr. Doom Wrote:
> --------------------------------------------------
> -----
> > ferfux Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > "private lending and investment will not and
> > > cannot bounce back. Only the government can
> > > provide the capital to restart capitalism,
> > which
> > > remains, absent diligent regulation, a
> > > periodically self-annihilating system."
> > >
> > >
> > >
> >
>
http://www.washingtonpost.com/wp-dyn/content/artic
>
> >
> > >
> >
> le/2009/02/04/AR2009020403117.html?hpid=opinionsbo
>
> >
> > > x1
> >
> >
> > Govt doesn't have any capital. And we haven't
> had
> > capitalism in this country for almost 100
> years.
>
>
> Government has Tax payers money and governemnt has
> regulatory oversight IE the SEC etc etc.
Exactly. The Govt doesn't have any capital of its own. It produces nothing. It only takes. And the Govt hasn't allowed capitalism and free markets to exist without intervention and meddling for a very long time. Govt is the self-annihilating force... not capitalism.