Devils_Advocate Posted December 6, 2009 Report Share Posted December 6, 2009 http://www.mcall.com/business/all-a20_over...0,4363369.story WASHINGTON - A House committee voted Wednesday to give the government the right to dismantle financial firms that are so big, interconnected and leveraged that they could harm the U.S. economy, even if they are healthy. This is beyond ridiculous. I mean, really? I keep waiting for someone, ANYONE, in Washington to stand up, point a finger at me, laugh, and say "Ah, we we're just screwin' with you, we know that's insane." I feel like it would be sacrilegious to economics to explain why this is so wrong. Can anyone tell me why on earth - economically - anyone would even being to consider something like giving the government the power to dismantle a fine company? There's got to be more of this I don't know (PS: I saw this on Cavuto the other day, it's not just publicly traded companies even, it's any company). Please, let me know there's something else going on here, some evil scheme to destroy the US, some big joke I'm left out on, but please don't tell me people actually think this is sound, right, moral, etc. etc. Please?... Anyone?... Quote Link to comment Share on other sites More sharing options...
Mixon Posted December 6, 2009 Report Share Posted December 6, 2009 http://www.mcall.com/business/all-a20_over...0,4363369.story This is beyond ridiculous. I mean, really? I keep waiting for someone, ANYONE, in Washington to stand up, point a finger at me, laugh, and say "Ah, we we're just screwin' with you, we know that's insane." I feel like it would be sacrilegious to economics to explain why this is so wrong. Can anyone tell me why on earth - economically - anyone would even being to consider something like giving the government the power to dismantle a fine company? There's got to be more of this I don't know (PS: I saw this on Cavuto the other day, it's not just publicly traded companies even, it's any company). Please, let me know there's something else going on here, some evil scheme to destroy the US, some big joke I'm left out on, but please don't tell me people actually think this is sound, right, moral, etc. etc. Please?... Anyone?... I have read about this proposal as well and find it equally alarming. Everyday I come across an overwhelming number of men and women my age or younger who regard corporations, profit, and human activity of any kind that doesn't involve sacrifice as morally wrong. It's truely terrifying to behold. Quote Link to comment Share on other sites More sharing options...
Black Wolf Posted December 6, 2009 Report Share Posted December 6, 2009 (edited) http://www.mcall.com/business/all-a20_over...0,4363369.story This is beyond ridiculous. I mean, really? I keep waiting for someone, ANYONE, in Washington to stand up, point a finger at me, laugh, and say "Ah, we we're just screwin' with you, we know that's insane." I feel like it would be sacrilegious to economics to explain why this is so wrong. Can anyone tell me why on earth - economically - anyone would even being to consider something like giving the government the power to dismantle a fine company? There's got to be more of this I don't know (PS: I saw this on Cavuto the other day, it's not just publicly traded companies even, it's any company). Please, let me know there's something else going on here, some evil scheme to destroy the US, some big joke I'm left out on, but please don't tell me people actually think this is sound, right, moral, etc. etc. Please?... Anyone?... Hahaha When we see a perfectly healthy person, let's just kill him. He could after all be too big to fail. When I see a perfectly mint condition statue, I'm going to take it and throw it off a cliff. There is no logic to this. If something is perfectly healthy, we dismantle it? Edited December 6, 2009 by Black Wolf Quote Link to comment Share on other sites More sharing options...
JeffS Posted December 6, 2009 Report Share Posted December 6, 2009 When we see a perfectly healthy person, let's just kill him. He could after all be too big to fail. Actually, if any individual ever comes close to developing a cure for cancer, or a remarkable new technological development that could save thousands of lives, we shouldn't risk his or her safety. We should lock them up in a secure room and make sure they're never put in harm's way. I wonder when it will be too much. Quote Link to comment Share on other sites More sharing options...
utabintarbo Posted December 15, 2009 Report Share Posted December 15, 2009 There is no logic to this. If something is perfectly healthy, we dismantle it? Is this not the "logic" behind AntiTrust? Quote Link to comment Share on other sites More sharing options...
Amaroq Posted January 26, 2010 Report Share Posted January 26, 2010 Hmm. It appears the story has disappeared. Quote Link to comment Share on other sites More sharing options...
Pokarrin Posted January 26, 2010 Report Share Posted January 26, 2010 Hatred of the good for being good. Quote Link to comment Share on other sites More sharing options...
Robert J. Kolker Posted January 26, 2010 Report Share Posted January 26, 2010 (edited) And to think I believed human sacrifice disappeared with the Canaanites! How wrong I was. Bob Kolker Edited January 26, 2010 by JMeganSnow quote removed Quote Link to comment Share on other sites More sharing options...
Amaroq Posted January 26, 2010 Report Share Posted January 26, 2010 (edited) Holy shit, man. I just got done reading about the Fair Elections Now Act. What's the name of this one? The Benevolent Business Shield Act? The Anti-Corporate Threat Act? Edited January 26, 2010 by Amaroq Quote Link to comment Share on other sites More sharing options...
Black Wolf Posted January 27, 2010 Report Share Posted January 27, 2010 Is this not the "logic" behind AntiTrust? But freedom allows us to monopolize! That's why we have been regulating and regulating and regulating in the 1910-1920s, which did not have a role in causing the Great Depression that was caused by free-market capitalism, and that's why no monopolies have formed after that! Quote Link to comment Share on other sites More sharing options...
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