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10-01-2008, 05:42 PM #9Senior Member
Dear Wall Street
I believe it will be required to fix our ridiculous over complicated securities sytem on wall street. Futures markets need to be done away with along with hegde funds and alot more. Just allow companies to go public and sell stocks if they want period. It doesn't need to be any more complicated than that. Along with our tax system. Just scrap it and go to some simple flat tax system. Then we could do away with 90% of the IRS and maybe shtudown the fed and the fcc. There are so many oversight government orgs. in this country. We have become a socialist welfare state. Its getting to where there are more people working for all the different government orgs. than there are in private industry. And don't even mention prevailing wage.
Originally Posted by GoldenBoy812
It never seems to amaze me that people will carry a flag, yet have no idea why they are doing so. From the many perspectives i have encountered, many of you seem to be in line with the good doctor (Paul) and his undying willingness to restore free market capitalism. Some of you have even seen RP on CNN calling for no bailout, yet fail to analyze the situation for what it is. He cannot, about face in regards to the situation, or else he would face future backlash as a "flip flopper".
You will never find a bigger Ron Paul supporter than myself. I studied at the Mises institute in Auburn, went to meet up groups, campaigned, studied Austrian theory, etc...
Even if Ron Paul were to become president, he would not allow people to be thrown into the streets. He preaches small government, but he would not cut social security right off the bat. He is against regulation of markets, but would not instantly deregulate the economy.
I guess the point i am trying to get across is... A collapse of the financial system is not something the good doctor would allow even if he were the chief executive. Alot of you believe that a collapse will lead us to a more free future, and i hate to say this, but you are mistaken. All this collapse will do is instill government even more power at the price of your liberty. If anyone disagree's i am open to your opinion, but will call out logical fallacy.
So, why do you believe a financial collapse is benifitial to this nation?
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