View Full Version : Obama would regulate new 'bubbles'
Madtown HD Junkie
April 18th, 2009, 12:30 PM
http://www.politico.com/news/stories/0409/21393.html
I guess Obama reaaaaaaaalllly likes more Government.:blah-blah-072::happy-131:
Bob Haller
April 18th, 2009, 12:57 PM
http://www.politico.com/news/stories/0409/21393.html
I guess Obama reaaaaaaaalllly likes more Government.:blah-blah-072::happy-131:
yeah arent bubbles wonderful.
take the real estate housing bubble? that was certinally wonderful till it burst.
or the fiancial bubble, bear sterns loved it, till the burst.
certinally no one wants these bubbles controlled, heck the wall street rules after the first depression were unnecessary too.
bubbles are no problem:mad:
fallout2600
April 18th, 2009, 07:13 PM
Good luck with that Mr. Obama, a bubble is a bubble and it will eventually pop and wealth will be destroyed. Non form of regulation will prevent it, regulation will just prolong the burst and make it worse. It has happened everytime we've created a bubble since the gold standard was removed.
froggigger
April 18th, 2009, 07:18 PM
This is rich. Obama is going to stop the bubbles with new regulations even though it's government interventions along with government control of the money supply that causes the bubbles that he intends to stop.
Will it go 'round in circles... --Billy Preston
Derwin0
April 20th, 2009, 04:26 PM
Problem is, what defines a bubble? Sometimes you don't know it's a bubble until it pops.
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