2010-07-15, 06:42 PM
TøbiasBlack Wrote:great, more involvement from the federal government. yay. lets hope people will not give them too much leeway, and keep them all under heavy scrutiny.
"Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone. "
-Keynes
The financial sector had its chance, they screwed up, this happens. Regulation is another one of those things that gets bungled in bureaucracy but is a good idea on paper. It'd be nice if government could live by the proverb that "an imperfect, but well-executed plan is better than a perfect plan, poorly executed." It's watered down and will no doubt have loopholes to be inevitably found and exploited. Still, it's a step in a direction other than backwards. I'll take it.
Edit (further thoughts on intervention): Corporations should never have been treated as individuals and given rights as such. Government stepping in to that sector doesn't scare me, it's that 1984 seems to be getting used as a fast-track guidebook on how to spy on citizens and siphon away privacy and freedom that scares me when it comes to intervention.
IllegallySane Wrote:Why has Obama's approval ratings fallen so much?Here's a damn fine graph of approval ratings since Truman: http://online.wsj.com/public/resources/d...05-31.html
Obama's down to something like 45% approval right now, but that's not particularly bad or unusual. He's got the oil spill, 2 wars he didn't start but still hasn't (can't easily) finished, 10% unemployment, the whole financial debacle, sensationalist cable media, and a lack of an aggressive PR team working against him. He's accomplished an impressive amount, but he's had a miserable time having it properly marketed to the lowest common denominator.