From: BAR on
In article <4ade6684$0$4958$9a6e19ea(a)unlimited.newshosting.com>,
nobrac(a)nospam.tampabay.rr.com says...
>
> On Tue, 20 Oct 2009 03:32:17 +0000, assimilate wrote:
> > On 19-Oct-2009, "gray asphalt" <dontwrite(a)gmail.com> wrote:
> >
> >> When you have lobbyists and special interest legislation there will
> >> be no free market. Libertarian ideas are just that, ideas. Not
> >> pragmatic. Perfection that gets in the way of the doable. Escapism,
> >> imo. They do need to be heard,though, but not treated as a realistic
> >> possibility, imo.
> >
> > Like any ideals, they are goals to strive for.
>
> May I ask why, since you yourself concede that free markets are
> impossible?

You will never be a success in life so you might as well terminate it
now.
From: Carbon on
On Wed, 21 Oct 2009 07:57:16 +0000, assimilate wrote:
> On 19-Oct-2009, Carbon <nobrac(a)nospam.tampabay.rr.com> wrote:
>
>>> I believe you are in error here. First of all, there has been very
>>> little de-regulation in the banking industry; it is still the most
>>> regulated industry in the US
>>
>> http://en.wikipedia.org/wiki/Glass-Steagall_Act
>
> Glass-Steagall is the scapegoat that the pols hide behind hoping no
> one will notice what they've done.

You claimed there was very little deregulation in the banking industry.
This is wrong. Repealing Glass_Steagall in 1999 did indeed deregulate
the banking industry, enabling the financial shenanigans that led to the
recent banking crisis.
From: Carbon on
On Wed, 21 Oct 2009 06:54:02 +0000, assimilate wrote:
> On 20-Oct-2009, Carbon <nobrac(a)nospam.tampabay.rr.com> wrote:
>
>>>> When you have lobbyists and special interest legislation there will
>>>> be no free market. Libertarian ideas are just that, ideas. Not
>>>> pragmatic. Perfection that gets in the way of the doable.
>>>> Escapism, imo. They do need to be heard,though, but not treated as
>>>> a realistic possibility, imo.
>>>
>>> Like any ideals, they are goals to strive for.
>>
>> May I ask why, since you yourself concede that free markets are
>> impossible
>
> Do you not have ideals you strive to acheive, like, I dunno, a single
> digit handicap, no matter how impossible?

I did strive to be a single digit handicapper--a reasonable goal--which
I achieved after some struggle. I did not strive to be 11 feet tall, or
to be anything else which was clearly impossible.
From: assimilate on

On 21-Oct-2009, Carbon <nobrac(a)nospam.tampabay.rr.com> wrote:

> > Glass-Steagall is the scapegoat that the pols hide behind hoping no
> > one will notice what they've done.
>
> You claimed there was very little deregulation in the banking industry.
> This is wrong. Repealing Glass_Steagall in 1999 did indeed deregulate
> the banking industry, enabling the financial shenanigans that led to the
> recent banking crisis.

what do you know about banking regulation? Calling the repeal of
Glass-Steagall deregulation may be technically correct as it removed a small
burden from some banks, but substantively it was nothing.

--
bill-o
From: assimilate on

On 21-Oct-2009, BAR <screw(a)you.com> wrote:

> > > Like any ideals, they are goals to strive for.
> >
> > May I ask why, since you yourself concede that free markets are
> > impossible?
>
> You will never be a success in life so you might as well terminate it
> now.

Exactly

--
bill-o