Question:
If a candidate claims to support free market economics but doesn't do you think this person deserves your vote?
Falkland G
2010-09-29 19:20:38 UTC
For example, Republicans who claim to support free market economics but who voted for TARP? I do think those Republicans who had the good sense to vote against it deserve reelection but those who voted for TARP need to be kicked out of Congress. If you are unfortunate enough to live in a district where the Republican nominee would you consider voting for a third party or independent nominee who ACTUALLY supports the free market? Merely voting for the Democrat might send the wrong message.

As a reminder, here is the Senate roll call for that vote:
http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=2&vote=00212

Here is the House roll call for that vote:
http://clerk.house.gov/evs/2008/roll681.xml
Four answers:
2010-09-30 17:12:03 UTC
No. If such people keep getting people to vote for them despite voting for unconstitutional programs like TARP they will keep behaving that way. They need to be voted out of office one way or the other. Some of them lost primary elections and I am glad. Now we need to get rid of the rest of them.
thomas p
2010-09-30 02:34:08 UTC
The Troubled Asset Relief Plan was presented by Secretary Paulson. The members of congress were largely unable to understand the bank bailout. If you are concerned about a lying by political parties, I would consider the TEA Party in 2012. They are not butt kissing, vote prostitutes.
TK
2010-09-30 03:02:28 UTC
So long as you hold the view that free market economic principles are actually applicable in during a credit freeze among private sector banking institutions on an international basis, then you should not vote for the candidate who supported the creation of TARP which provided loans that when combined with Federal Reserve measures which provided massive liquidity to the financial economy, excepting Bear Stearns and Lehman Brothers, and which saved the world wide financial economy and averted a global economic depression.



There was no functional free market when all credit froze after Lehman Brothers was allowed to collapse. That's the only flaw in your reasoning. But why should the inherent illogic of your position bother you when you're on such a roll? Right? When logic gets in the way of a good rant, then $crew logic. That's your position in a nutshell whether you recognize it or not.



There were no functioning free markets after Lehman Brothers fell until TARP was created and until the Federal Reserve injected massive amounts of liquidity into the American financial economy. And even then interbank lending was slow to resume and the normal extension of credit to businesses and consumers has been curtailed up to and including today. But thanks to your constant vigilance you have ensured that economic theory will forever remain in a mere platonic relationship to free market operations. Bravo!



Weave a circle round him thrice, and close your eyes with holy dread, for he on honey-dew hath fed and drunk the milk of Paradise.
Adam H
2010-09-30 02:22:03 UTC
People who lie about their positions don't deserve anyone's vote.



Of course, someone campaigning on laissez-faire economics would never win my vote in the first place...not in a million years.


This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.
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