The survey of 1,000 adults was taken Saturday through Monday and has a margin of sampling error of plus or minus 3 percentage points. The poll showed that most of those surveyed favored increasing government intervention in the economy, and half blamed lack of regulation for many of the nation’s current woes.
About two-thirds back tighter regulation of banks and financial institutions, and half said the federal government should take an ownership stake in banks and other industries to save the private sector.
Asked whether such moves would constitute a step toward socialism, about half said yes, but just 20% said that this worried them “a lot.”
“Asked whether such moves would constitute a step toward socialism, about half said yes, but just 20% said that this worried them a lot” – I hope that this is not true, but if it is it explains why there is this tremendous push right now in Washington to bring in socialism. The forces of the left have determined that the tipping point has been reached in America where they can successfully do so.
…the potent, the omnipresent teacher.
Government intervention is not socialism. Government intervention is what saves Capitalism from capitalists.
It was free-marketeers who got us into this mess.
John,
What got us into this mess was artificially cheap credit by the central bank, reckless lending by government sponsored enterprises, and large deficits by the federal government. Government, government, government.
Byzantine, what are you talking about?
Greenspan lowered treasury rates in 2001. This encourage free marketeers NOT to invest in Government Bonds. If you recall, Greenspan was a radical libertarian.
You can’t blame Freddie and Fannie for doing what all the other mortgage lenders were doing. They were just following along. How did deficits have anything to do with it? It’s how we’re paying for this war.
It’s time that individuals took responsibility for their actions and stopped blaming the government for all their problems. The fact is that all the banks wanted deregulation and thought they could “regulate” themselves without disincentives for greed.
Looks like human sin was more powerful than that.
Byzantine, you’ll have to get specific and give real world examples. Otherwise its pretty vague, vague enough to seem true.
It looks like we’re all Keynesians now.
John,
You are not educated enough in the topic for dialogue. Go to mises.org and start reading.
Byzantine: you refuse to refute my argument. You direct me to a website. And then you tell me I’m not educated on the subject.
It seems to me you need a website to teach you how to think?
http://www.henrygeorge.org/
You might want to look up what Mises said about Christianity.
What flavor of Kool-Aid do you prefer? Austrian, it seems. It’s still the Matrix.