The Mudcat Café TM
Thread #127125   Message #2841372
Posted By: Amos
16-Feb-10 - 06:20 PM
Thread Name: BS: Palin sips tea tonight
Subject: RE: BS: Palin sips tea tonight
The issue is not supporting corporations per se; the point at which the government is looked to is the point where corporate practice slips into white-collar crime, including fraud, abuse, gouging, usury, misrepresentation, and falsifying safety and reliability of producrts in a way that puts people at risk.

This is why Glass Steagall was a good law and should not have been whimiscally cast off by the Reagan administraztion, and why the free market dream-world is alittle bit out of touch with reality. The free market is fine and worksa very well until large-scale white collar crime is injected, and as corporations grow in scale this becomes much easier to do as the corporation invests more power in fewer hands with less visibility.

It is not corporations the government needs to control per se; it is corporate malfeasance.

A