Conservatism doesn't work because it replaces policy with ideology.

[smoogatz]

It's that simple. In the case of the current banking collapse, the blame can be pinned directly on the conservative maxim that "regulation is always bad." Too much regulation might be bad (if you've ever tried to get a driver's license in Italy you know what I mean), but it is, in fact, a GOOD idea to insist that smart people in government keep an eye on the banking industry, which, left to its own devices, has a habit of creating elaborate Ponzi schemes in order to cover up its mistakes. Bush, McCain and the conservative movement own the current crisis: it happened on their watch; it's their baby.

[indepat]

1. Neoconism in fact supplants governance with implementation of extreme RW ideology

and total politicization of the Federal apparatus, fucking this country and almost all who live in it at the same while all the while tens of millions clamor for: four more years, four more years. :P

[opihimoimoi]

2. Yup, they own it....big time...and yet, McWho wishes to distance himself from Bush

McWho/Palin sez he gonna clean up Washington...... He owns some of that Mess.... Its his OWN MESS....

the early DOW Mon AM

http://money.cnn.com/data/markets/dow/

[RaleighNCDUer]

3. Ponzi scheme. The exact words I used talking to my mother about

Lehman and the sub-prime mortgage mess this morning, taking her to a doctor's appointment.

As long as they kept handing out the loans, creating upward pressure on housing prices, they thought the bubble was safe, but there is always a terminal point in any ponzi scheme, where there are no more suckers available at ANY price. The loans got riskier and riskier until there was no one left but the absolutely impossible risks, and the upward housing pricing stalled out leaving millions with loans that valued more than the properties they covered.

POP!

[Sal Minella]

4. Is this akin to telling a teenage daughter, "Don't let a boy put his Thing in you" to effect STD

prevention and solve the social problem of unwanted teenage pregnancies?

Believing that an idea should work -- isn't that enough???

[midnight]

5. Well, in all fairness to this current administration, they don't

believe that all "regulation is always bad" for instance they find it allways beneficial for "Homeland Security" to always regulate all communication, and banking transactions!

[CrispyQ]

7. Yes, regulating individuals is fine,

corporations, not.

:eyes:

I'm amazed how few Americans see the hypocrisy of that.

[lpbk2713]

6. And assholes like Limbaugh and Hannity keep beating the drums ...

so that the lemmings can keep marching to the corrupt and evil GOP beat.

[Larry Ogg]

8. This government sponsored pyramid scheme has existed in the US since 1913

And it was democrats that signed into law, the federal reserve act. Thus usurping the Constitutional right of Congress to create the money supply and to control its value. Since then “We the Sheepeople” have been receiving a bipartisan screwing from our venal politicians who could not get elected without the help of their real base, “the big money minority” i.e. the robber barons. Ostensibly the scam seems to function as long as there is ample oversight, checks and balances, but when you get by the bipartisan elusory and see through the pretense of all, you can see our money system for what it is. The means by which an evil and greedy minority can enslave the majority in the chains of debt. And well the democrats blame the republicans and the republicans blame the democrats, guess whose laughing their asses off, and guess who is getting richer, while most of us are getting poorer.

So you think it’s simple, guess what else, all Bush did is remove the oversight and checks and balances from the pyramid scheme allowed by democrats, thus allowing it to do exactly what it was designed to do, shift the wealth and the product of the majorities labor into the hands of the greedy minority that does nothing more than create and manage the elusions that divides us all, the one’s We the Sheepeople hate and love. And how they manage to pull it off, is anything but simple!

[applegrove]

9. And they tried to get all Americans to put their social security into the stock

market that would have seen a huge increase in the price of stocks, and rich people being able to get out of "old stocks" like GM by selling to naive Americans.

And when the market crashes..as it always does every couple of decades..those people would have nothing to retire on..those in the midst of retirement. It would take years for the stock market to improve.