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GameStop Corp. Message Board

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  • unseennc unseennc Sep 30, 2008 12:46 AM Flag

    Why is the bailout unpopular (polling) to avg Joe?

    for not liking politcal discussions you seem to say your piece an a lot.

    as far as regulations. You might want to check out the congressional hearing in 2004 has the REP COngress tried to regulate Fannie and Freddie and the dems blocked it. this is not about Reagan's failed policies it is about the failure of socialism. the poor should not be given loans they can't repay. Be it home loans, credit cards, or student loans. People with bad credit should not be given loans. Deregulations is good at times and bad at others. the government should ensure the market works within the law that is good regulation. the government should not control the market or put undue burdens on the market. That is bad regulation. Affrimative action in loans is bad regulation. It is what got us into this problem. The poor are poor for a reason.

 
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