Question: Do you support the de-regulation of certain markets, like investment and housing?

[DFab420]

Do you believe that free market economies regulate themselves against bad behavior?

Again, just gauging the temperature here on the board.

[upaloopa]

1. Why is it I always feel there is some ulterior motive to these kind of OP's?

You know as well as I that nobody here believes in unregulated free markets. This isn't freerepublic

[DFab420]

5. See into what you want.

The motive is to see what convictions are held. Are we blind to the issues because the (D) or (R) on the end of a name or are we willing to hold those that we choose to lead us accountable.

[DemocratSinceBirth]

9. What do you mean by regulation of housing?

[DFab420]

15. Pre-2001 housing bubble regulation. The protection of consumers

from predatory lending, subprime mortgages, before the repeal of Glass-Stegall.

You know. Housing regulation.

[DemocratSinceBirth]

18. Mortgage regulation, sure...

[DFab420]

20. RIght, which is commonly refered to as regulating the housing market..

Are you arguing semantics?

[Hoyt]

22. So you were for denying people with less than perfect credit from having a home?

Fact is, the issue is not as simple as folks try to make it.

[DFab420]

23. Actually what it did was allow people to treat houses as investments, that didn't have any gains tax

Meaning at the time it was the only way to receive capital gains without paying taxes was to invest in property. So people were advised by financial advisors to invest in property they couldn't afford and rates they could never pay off.

So really I am for protecting people with bad credit from loans that they shouldn't qualify for because it'll only force them into greater poverty.

[Hoyt]

24. Another one of those fantasies -- housing prices would keep increasing. If you couldn't keep up the

payments, sell it and get out with some cash in your pocket. Only thing is, housing prices didn't keep climbing. Well, we are definitely limiting loans right now. That's one reason the economy is sluggish.

I just don't think it's that simple.

[UglyGreed]

25. I like your style

[geek tragedy]

2. there's such a thing as too little regulation, and too much regulation nt

[PowerToThePeople]

3. No

Do you believe that free market economies regulate themselves against bad behavior?

[Kalidurga]

4. I like you, you ask uncomfortable questions for a certain people who support a certain candidate.

I think the tax on speculative investing is an excellent idea and it could have saved millions of jobs and millions of people from losing their homes. The big banks do need to be broken up and we do need to start arresting people who commit malfeasance that leads to people losing their homes and markets to crash.

[DFab420]

10. Well really I'm hoping neither side finds it uncomfortable to answer for the positions of those

they want to lead us.

[Kalidurga]

21. LOL

I see one side very uncomfortable talking about any kind of economic justice and another that won't shut up about it. You may guess which side I am on.

[elleng]

6. Rarely, and surely not investment and housing.

In order to thrive, capitalism must be regulated.

They do NOT regulate themselves against bad behavior, doesn't happen, NOT in human nature.

[Warren Stupidity]

7. Of course they don't regulate themselves.

That doesn't mean that regulation doesn't have its own problems, but just about every type of market needs regulation.

[Vinca]

8. You realize you're not on a Republican site . . . right?

[DFab420]

11. That's kind of the idea....

[1StrongBlackMan]

12. No ...

the housing, and especially, the investment markets require more regulation.

[mmonk]

13. No. An unregulated market is a manipulated market.

[FlatBaroque]

14. All things that are necessities* in life MUST be public, and not privately administered.

Housing
Healthcare
Utilities (including hi speed internet)

American economy is now based on predatory capital, the necessities of life simply can not be left to corporate power.

[Adrahil]

17. Wait, you want me to my house from the goverment?

Or do you just mean a sefety net?

[Jackie Wilson Said]

28. Agree, although food is a necessity and left to corporate power or greed, to some degree.

Which is why having food assistance is so important.

Why food stamps or whatever we call it is so important and why it should be much easier to get and those who do qualify should be able to get more than they can now.

[Adrahil]

16. I don't think any market should be completely unregulated. NT

[Angry Dragon]

19. good always triumphs over evil so no need for regulations

[PowerToThePeople]

30. Did you really just say that?

without a sarcasm tag?

Angry Dragon
19. good always triumphs over evil so no need for regulations

[Angry Dragon]

35. did not think I needed one

[PowerToThePeople]

38. You know, I have seen a lot of right wing posts

here on economic issues. Not as cut and dry anymore to me when I see posts like that.

[Angry Dragon]

40. we need regulations to protect the people from greedy and dishonest corps

[Jackie Wilson Said]

32. That cant be true otherwise the Patriots would never win the Super Bowl

[arcane1]

26. A truly free market is incompatible with democracy n/t

[Zira]

27. No, I don't.

I guess that makes me not eligible for the Tea Party, the Libertarian Party, or the Republican party.

I think a perfect example of an unregulated system is the Russian mafia and the South American drug cartels. I think they don't really believe in a free market at all - they kill their competitors.

[ghostsinthemachine]

29. No. Regulation is good.

Levels the field.

[bigwillq]

31. No (nt)

[One_Life_To_Give]

33. Free Markets require Free Information

Which means you would need to know if the identical looking but cheaper product would fail in two weeks or give years of service. Which is not going to happen. Every company out there want's to build Monopolistic Competition cause that is where the big money can be made. The purpose of regulators is to try and bring the markets back, as close as possible, to the ideal Free Market. History has demonstrated the need to be proactive in regulations to try and maintain a truly Free Market System. Otherwise you will not have it.

[ibegurpard]

34. kind of like how the Democratic Party

Got behind telecommunications deregulation?

[onecaliberal]

36. No, we've already seen clear demonstration of what happens when the greedy are

Left unchecked.

[astrophuss42]

37. I think we have seen quite the opposite

[TheDormouse]

39. Hell no.

[applegrove]

41. Not ever. Have we not learnt from the subprime mortgage scandal -