Who is this free market monster? Why is the free market infallible? You know what the free market also produces?
-Bernie Madoff
-Enron
-Insider Trading
-Pollution
-Declining Insurance Payments
-Derivatives Trading
-Price Setting
To name just a few off the top of my head. So can we cut this "the free market is perfect" nonsense. The free market is a beast that if left untamed would destroy us.
Yes, there are failures in the free market too, but the difference is you do not have institutionalized failure, as we have when the government takes over. You will have pockets, and these pockets become known, avoided and corrected... 100-times faster than government can.
You do realize the United States government is responsible for the collapse of the US housing market and the related worldwide bank failures? OUR GOVERNMENT forced banks to make loans to people who could not afford to pay them back. There is video of Cuomo explaining it.
You do realize OUR GOVERNMENT has created Ponzi Schemes that make Democrat Madoff's disgusting rip-off's look like a pauper?
You do realize Enron failed and was allowed to fail? The free market picked up the pieces. Not so our government schemes. They get fed more and more taxpayer money instead of being phased out.
Pollution: You want to see egregious and wanton degrading of the environment? Go to countries that are government run. It's like our ghettos... it's someone else's property, so who the **** cares? IF we make an error, we can correct it. That's another beauty of the free market.
Insider trading: A fart in a hurricane. It will happen, and there is no guarantee these "tips" will pay off... but what is the alternative? The government controlling the show? It's miles more shady, ineffective and corrupt than the free market... just look at how ObamaKare was passed before our eyes. Slim Shady payoffs/buyoffs of votes with our cash to shove an unConstitutional "program" that we have consistently rejected (remember 1994) down our throats. And what do the busybodies do when we aren't looking? That's why limited government is best. It limits their power and control over us... the Slim Shady's like Obama and their intentions to "help" us. (Every time the government says they want to "help" us... insert screw instead.)
Insurance: Again, if a company is known to short its clients, it runs the risk of losing business. People are free to choose in a free market. And with hundreds of insurance companies, this gets sorted out quickly... ESPECIALLY WITH THE INTERNET. Now, what do you propose? Government? And when you get rejected by them... what's your recourse? You're screwed. There is none. And that is the problem with ObamaKare and all socialist healthcare schemes. Ask the Euros and Kanuckistani's who are waiting
to see a Doctor. Not getting treatment, but initial visits, and then wait again for the needed care.
Do you realize the free market brings us:
Cell phones that can hook us up online with a hand-held mini computer?
The cost of the products and services have been drastically improved and prices drastically reduced so even kids have them? (I recall the old cell phone, with a battery you had to carry around like a briefcase and a cost of $10,000 for the phone only! That was only 25-years ago)
Computers have gotten faster and cheaper and would be so even if everything was manufactured in the USA?
You could apply this to almost anything. Sport equipment, automobiles... you name it. Now, if government was running the cell phone hardware industry, we'd still be carrying around batteries and the cost would be getting higher. Computers? You'd still be running a Commodore 64 with a tape deck on the side as they wouldn't have figured out or funded the transition to disks and then CD's. Today we're far beyond both; also 30-some years of rapid advancement.
The free market works fantastically. There will be failures, but the scope of them will be miniscule compared to the failures government has foisted upon our education system, and other parts of our existence.
Care to try and take on this "Free Market Monster" again?
.