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President Trump: The NEW one and only politics thread

Discussion in 'Sports and News' started by Moderator1, Nov 12, 2016.

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Page 13830 of 18258
  1. The Big Ragu

    The Big Ragu Moderator Staff Member

    I have no idea why so many people don't understand that market economies don't imply outright anarchy, and that any amount of self regulation (made INDIVIDUALLY) implies "socialism."

    This is self regulation that was put in place by the NYSE because they determined that it benefited the exchange's operation. Why does that sound like socialism to you?

    Is it socialism if a welding shop puts in a rule that says that all the welders need to wear goggles? Or is it a business making its own rules that it thinks benefits its operations?
     
    The Big Ragu, Mar 9, 2020
    #165949
  2. Spartan Squad

    Spartan Squad Well-Known Member

    I think there was implied blue font here...
     
    Spartan Squad, Mar 9, 2020
    #165950
  3. The Big Ragu

    The Big Ragu Moderator Staff Member

    I'm totally missing the sarcasm, then. Sorry.

    I took "whatever happened to free and unfettered markets?" as a serious question. ... calling out some kind of hypocrisy that doesn't exist.
     
    Last edited: Mar 9, 2020
    The Big Ragu, Mar 9, 2020
    #165951
  4. DanOregon

    DanOregon Well-Known Member

    It was a joke/sarcasm. Part of a larger discussion that comes up when capital C capitalists moan about government regulation hamstringing industry, Wall Street etc. yet having no problem going to DC for handouts, tax breaks, bailouts when the need arises. The markets do need structure and oversight. The markets depend as much on a sound government as the government depends on a sound market.
     
    DanOregon, Mar 9, 2020
    #165952
    BitterYoungMatador2 likes this.
  5. Neutral Corner

    Neutral Corner Well-Known Member

    All I can think of is that it prevents computers from autotrading the market all the way to the sub-basement in minutes.
     
    Neutral Corner, Mar 9, 2020
    #165953
  6. Neutral Corner

    Neutral Corner Well-Known Member

    I'm thinking that this isn't a day to throw humor at Ragu about the markets.
     
    Neutral Corner, Mar 9, 2020
    #165954
  7. The Big Ragu

    The Big Ragu Moderator Staff Member

    The circuit breakers aren't a governmental regulation.
     
    The Big Ragu, Mar 9, 2020
    #165955
  8. garrow

    garrow Well-Known Member

    One thing Trump can do to restore confidence in the markets and reassure a jittery public: resign.
     
    garrow, Mar 9, 2020
    #165956
  9. Baron Scicluna

    Baron Scicluna Well-Known Member

    We’re all forgetting the most important thing right now: How is Doc Holliday’s 401K doing?
     
    Baron Scicluna, Mar 9, 2020
    #165957
    Fred siegle, HanSenSE, TowelWaver and 3 others like this.
  10. poindexter

    poindexter Well-Known Member

    lolol
     
    poindexter, Mar 9, 2020
    #165958
    OscarMadison likes this.
  11. Neutral Corner

    Neutral Corner Well-Known Member

    God, I'm tempted to pop over there with a quick "So, how's your 401k doing?".
     
    Neutral Corner, Mar 9, 2020
    #165959
  12. Neutral Corner

    Neutral Corner Well-Known Member

    Buy the drops.
     
    Neutral Corner, Mar 9, 2020
    #165960
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