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Posts: 31
Something Else I'd like to add as well
3/25/2009 at 12:58 AM
The corporate world is the corporate world and it does not have a concience or any conceivable means of determining the difference between right and wrong. So we have to constantly update guildlines for them. These are called regulations. Sometimes good sometimes not so good, but guildlines just the same. Like it wouldn't be acceptable for me to go down the street and rob the local grocery store because I was broke and had a mortgage or utilities to pay to keep the lights on. Nor should it be acceptable for an organization to take money from on faults pretences.
So who was it that believed we should get rid of regulations that forbid corporations to do almost excactly that? And here and the United States we live in a democracy.
If our economic state wasn't something that just happened, but something that was that was ochestrated much more politically than most of us want to believe. How much easier could such a thing be deemed accomplishible in an undemocratic nation like china?
The push from China to create a new currency is not an economic move it's a political one. And we can talk and joke all we want about how poorly the U.S. handled things politically over the last few decades and I be the first to say so. But as anti American as I may be, I still believe they are our best friends fundamentally.
The American dollar is the only real dollar and like it or not it is the one our dollar depends on. So it needs to stay where and as it is globaly for everybody's political and economic well being.