Quote:
|
Originally Posted by That Atlantic Article by Conor Friedersdorf
what we must actually answer are questions like, "What sort of regulations, if any, should govern the market for derivatives of mortgaged backed securities," and "Should the federal government subsidize home ownership," and "What should the reserve requirements be for lending institutions."
|
Right. These are some of the policy questions to be answered, in order to see how the American economy transforms and how all Americans prosper over the next 30 years. Ayn Rand notions of pure capitalism, Rush Limbaugh straw man arguments about socialism, and trying to convince us that we should all be grateful to corporations (I'm not convinced Whittle's video wasn't parody) miss the mark.
Nicely written, Mr. Frledersdorf.