What is one of the major causes of our recession is starting from the Clinton administration, Banks were allowed to merge to the size of "we can't let it fail". The choices we have with the bank is to nationalize ir break it up. I say we break them up. I look back in history, adn got a feeling that there were far mroe rich African Americans in the 50's then now. I asked around, and found that the African Americans were better off because there were a lot more black own businesses. Before the civil rights movement, African Americans can only buy certain goods from Black businesses , so an African American middle class was formed. When they were forced to compete with white business, they fell to the larger business. Then in the 80's big box stores killed the rest. Back in teh old days, minorites could not suceed because of racism. They had to worry about the glass ceiling. One of the ways around it, was for them to start there own business. Granted, times are better, I still see that glass ceiling, and destroying the small business, reduces the opportunites for minorities. When I look at how businesses are run, big businesses want huge regulations, so small businesses can't form and grow. Businesses don't want competition, and definetely one that might replace them. Big businesses ask politicians to put in regs, because the small businesses lack the resources to follow them. To horrible thing is that Big business often don't follow these rules, but get lawyers to skirt around them. What is causing this problem is that "liberal" politicians are in league with these businesses. They make lawas that sound good to the public, but is in reality good for big businesses. When I work for the Government, I seen so much waste. Politicians would make laws that people would back, like free vaccines for the poor, but the majority is dumped in the trash. This is becaues the vaccine is not for the poor, but to give money to the pharmaceuticals that backs them. Liberal politicans, want the most for the poor, so what they do is put pressure on industries to be more efficient to provide cheap product to the masses. Small businesses can't be efficient, so large companies start growing and absorbing others. The problem is that being more efficient means cutting jobs and that means the public gets paid less. Also Money ends up concentrated to the few. Instead of having 100 millionaires because there are 100 small businesses, there are 5 billionaires because there are two large corporations. The irony, is that during the Presidency, of Clinton, there was a greater consolidation of corporation that leads to a greater consolidation of wealth. The seperation between the rich and poor accelerated during theCLinton administration.
Edit: TO NSA, I live in Los Angeles, we can't just put in a sink. We need permits, and I've been in the lines to get them. Contractors don't even like going through the red tapes, and When I talk to them, some contractors won't do L.A., unless we get the permits for them. They rather just work in the suburbs to avoid the hassle. L.A. is messed up and even minor stuff sometimes require a contractor to do.
edit: Boss H. Look at history. We are returning to the problems from the turn of the century. Read Jungle book, by Lewis Sinclair and learn how oligopolies abused the people. We are talking about long term health. Go to a deep recession and come back stronger, not put life support on a dieing man.
to Volleyball: I agree. The term survival of the fittist, is not coined by Darwin, but Spencer, and English economist. The term originally was used for businesses. Our government is feeding dinosaurs with this bailout.