It is easy to blame the shortcomings of capitalism for our current economic problems. Capitalism can be as bad as any system if we allow perverted and unlawful practices (like bribing politicians). But take a look at Chicago politics and tell me who is bribing politicians.
I believe most people would be happier to fish and catch their own dinner than to have the government tell them where they can fish, how many fish they can catch, on and on.
Reagan said it best--government is not the answer to our problems, government IS the problem.
I truely believe most of the problems we are now having can be traced to politicians like Barney Frank and Christopher Dodd.
The fact is that the roots of this economic crisis go back to the Clinton and Carter Administrations, the radical group ACORN, Barney Frank (D-MA), Christopher Dodd.
Under President Jimmy Carter, the Community Reinvestment Act (CRA) was passed. It required federal financial institutions to encourage banks to give home loans to persons with little credit and low income. Economist Russell Roberts said that the CRA played a major role in creating the sub-prime mortgage crisis in the U.S.
It does not take much researching to find articles like this one ...
http://www.traditionalvalues.org/modules.php?sid=3541
articles that explain what happened.
Blame the Bush administration if you will, but, in reality, you have just elected more of the people responsible for our current situation.
Thanks .... a lot.



