Deregulation 

2 creative works found

• 

  Dollar a Dance
  by mmargot

  The United States Congress and The Powers That Be / deregulated the banking industry. Was it the greed of corporations / or of the public who joined in the happy hop of cheap credit, / worthless collateral, the waltz of spending and golden parachutes… / no matter. Now the same United States Congress and The Powers / That Be are spinning backwards, but this time it will be in jackboots / and they will charge a dollar a dance. / Brother can you spare a …. dollar?

• Fundamentals of Capitalism
  by Habenero

  The only way in which the world we live in is improved, is when we as a whole do things in a positive way. That requires that we set asi…

  The only way in which the world we live in is improved, is when we as a whole do things in a positive way. That requires that we set aside the differences we have with one another, and work together toward a common good. Wealth spread throughout all levels of society enables more people to buy things that enhance their lives. If wealth is concentrated in too small of a group, the economy has to shrink due to the reduced demand for goods. When the only things most people spend money on are the necessities like food, shelter, and transportation, the economy collapses. When more wealth is placed in the hands of the middle class, due to the shear volume of people in it, the economy is given the chance to grow. If you concentrate large amounts of money into the hands of very few people, there is absolutely no way they can ever spend or invest it in a way that enlarges the economy. As the demand for consumer goods falls, so does the employment rate. It wouldn’t be productive to keep making or selling things to people that can’t afford them. In order to keep people buying, artificial means of buying power are put forth (credit cards). The simple act of extending credit inflates a bubble which requires careful observation and care otherwise the bubble will burst. The people that think the markets should be free running and can police themselves, are as smart as a person that drills a hole int he bottom of his rowboat so he won’t have to bail it. We have had 8 years of that kind of thinking. It has done wonders for us. Deregulation of the banks took away the watchful eye that prevented over inflation of the balloon our economy had become. The main force for deregulation in the Senate, is now running for President. He and his running mate have claimed they will change things. Their idea for change is even less regulation by the government. That is not letting the fox in the hen house, that is taking down the walls of it and cutting holes in the perimeter fence as well. John McCain is very proud of his deregulation record! True change would be the recognition that our economy is driven by a robust middle class that has disposable income. When you increase the amount of money in the hands of lots of people that are more likely to spend it, everyone benefits. Which benefits the country better, a $90,000 car 2 customers can afford, or a $20,000 car 98 customers can afford. If you vote using your head and wallet, the only viable choice is Obama!