The US economy is in shamble that’s why consumers must get financial options that could help them in order to survive in our present situation. However, there are some politicians who would like to outlaw the financial options of the people. What they...

The author (Subramoney) seems to have made his point clear, but I still believe this is not socialism. I mean not in strict sense of the word. Of course there’s no perfect socialism, just as there’s no perfect capitalism. There are mixed...

Exactly. Americans practicing Nationalization seems ironic, almost cruelly so. And the interest rates being kept low, providing little stimulation to a propensity to save is exactly what I meant by ”judgmental error, a tendency to...

I’m not too sure about this being a failure of the principle of laissez-faire per se. To me it seems more or less a judgmental error, a tendency to overspend, and a sort of economic hubris. Again I’d like to believe that bailing out of...

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