PJ Media

Herb #2 and # 11, etc:
Yes, the Dems ARE & HAVE BEEN that powerful. 41 of them in Senate have stopped increases in drilling for 30 years, and building of more nuclear plants……we’re still stuck at 100, no more than France. And yes the Dems in ’95 (mainly Clinton/Frank/Cuomo) put real teeth into Carter’s CRA, by writing Treasury Regs to REQUIRE HUGE fractions of loans by banks and S&Ls to poor people in each community……the exact folks who couldn’t repay loans over time. Duh…..big disaster, wasn’t it/that, esp with the power of Freddie/Fannie to buy up junk in the late ’90s. And then the goal by the lenders was to sell the junk, which became difficult Herb, thus the crazy creativity that became necessary. But this was the RESULT, not the cause. See Herb, the Dems have been destroying Capitalism since FDR’s 90% federal income tax rates, thus crushing incentives for high-earners. Herb, you can’t blame anything on the natural greed in human nature. That doesn’t destroy Capitalism. That makes it work (and sometimes hurts businesses by excess pay, but that doesn’t often “kill” a company). And small company owners now going out of business are NOT walking away with millions. Herb, the biggest problem we have is that govt workers (25million total of them) are USUALLY working with far too high pay and benefits structure…….and they’re consuming 35%-40% of our GDP. That’s unsustainable, but it’s not enough for Obama. Norway gets away with it because they mine the living hell out of their natural resources. Unfortunately, the Dems won’t even let us do that, which is now quite necessary, given the rest of our problems. I think what most of us free-thinkers conclude, is that the Dems usually do the opposite of what our Capitalism needs to be vibrant.