NP Rank:
Is capitalism the problem or is it defrauding capitalism?
Speaking with a brilliant and thoughtful individual, she said, “It isn’t capitalism that is the problem, it is the unscrupulous people who cheated the system. They committed harm and walked away. They are not in jail; instead, government is still trying to assist them.”
Her point is that there are problems with the financial system, problems on Wall Street, problems with bankers, though these things can be addressed by proper regulation, oversight, and more aggressive prosecution.
In the near term, I can accept her argument. In the near term, a Mitt Romney-type president may work within the system to make needed adjustments and nail the fraudulent.
In the broader sense, I still argue that there are system deficiencies in the capitalist economic model that need addressing. Just as we discovered you cannot always reengineer your way around process deficiencies, you must sometimes, remove and replace them. The term that I like for that is defenestration. That is where we are.
How long will it take before the nations of the world discover they need a new economic model?
“Values Voters Lukewarm, But Romney Presses On
by DON GONYEA
Social conservatives have wrapped up a two-day Values Voter Summit in Washington. Their goal is to keep the focus on issues such as abortion and gay marriage, even as the economy tops the list of concerns for most voters.
In a straw poll for GOP 2012 presidential hopefuls, Texas Congressman Ron Paul was the winner, but much of the talk of the conference was about former Massachusetts Gov. Mitt Romney, who is viewed by many in the movement as soft on social issues.
Romney landed in fourth place in the straw poll, garnering just 4 percent of the votes cast. For the former governor, it's a measure of the cool relationship he's always had with social conservatives. They haven't forgotten that he once supported abortion rights even though now he campaigns on a pro-life platform as he did Saturday.
"I will nominate judges who know the difference between personal opinion and law," Romney said. "It is long past time for the Supreme Court to return the issue of abortion back to the states by overturning Roe v. Wade."
That line was cheered, but overall the reception for Romney was mostly just polite.
Romney's Mormon religion was also an issue with some at the summit. On Friday, another speaker, Pastor Robert Jeffress of Dallas, endorsed Rick Perry and called Mormonism a cult and Romney a "non-Christian."
Romney did not address that during his speech, but he did criticize another speaker on the schedule.
"We should remember that decency and civility are values, too. One of the speakers who will follow me today has crossed that line, I think," he said.
Romney was talking about Bryan Fisher of the American Family Association. Fischer – who has a radio show and an Internet presence — often sparks controversy, like in a recent Web video where he singles out Mormonism and says the First Amendment does not apply to non-Christians.
Fischer's speech to the conference did not contain such provocative moments, and afterward he took offense at Romney's comment.
"I thought it was tasteless and impolite. So I think that shows a lack of respect for the people here," Fischer said.
Romney's goal at the Values Voter Summit seemed to be to present himself to the voters at the summit as an acceptable alternative, not in the primaries but in the general election. If he wins the nomination with the help of fiscal conservatives, social conservatives hopefully will be there for him in a general election against President Obama.
"I can't say that he energized me, but he's got a lot of experience," said 63-year-old Karen Rose of Asthabula, Ohio. "And so, you know, you have to think about what's going to appeal to a broad part of our country. Anybody is better than Obama."
Even a statement like that is a victory of sorts for Romney.
Though the conference is dominated by evangelicals, Rep. Ron Paul won with 37 percent of the 1,983 votes cast in the straw poll. He won mostly with help from young people and college students who came just to vote for him. Second place went to Atlanta businessman Herman Cain with 23 percent.
Though he finished ahead of Romney's fourth place finish, the other perceived frontrunner, Texas Gov. Rick Perry, continued the slump he's been in for a few weeks by receiving only 8 percent of the vote.
The events organizers on Saturday said that Romney and Perry's standing in the straw poll shows they each have a lot of work to do. But for Romney, a single-digit finish may be just fine as long as he's not made any more enemies in the process.”



Most RecentMost Recommended Comments (10)
at 04:23 on October 9th, 2011
http://crooksandliars.com/
Angry people is the primary stimulus for change.
Pissed off people
at 10:11 on October 9th, 2011
It's that thought that gives me hope for our brothers and sisters at Occupy Wall Street protests throughout the country. People *are* angry. That rage can be the catalyst for the change we're looking for. It's definitely shaking things up among the Villagers.
at 14:36 on October 9th, 2011
The sheep who are marching on Wall Street and other places to further Steve Lerner and the SEIU's agenda of systemic destruction -are not going to resolve a single thing. Liberal billionaires and financiers like George Soros, Warren Buffet, the SEIU and other government service unions, Obama and Democrats et al, only want to further weaken the system. To create more government to suit their big government idealism and work to further their advantage with in that process of destruction that ultimately enslaves the citizen to the will of government. The final goal expressed by Obama being everyone works for the government. The Socialist Republic of Amerika.
at 16:36 on October 9th, 2011
When government must take action to ensure health and safety for all Americans, why must that action be construed as socialistic? If attending to the needs of society is socialism, then so be it.
at 17:27 on October 9th, 2011
LOL. Get the people back to work, remember that dirty word, and victims of our cruel and heartless society wont need you championing for big government to look after them. As usual, you victims have the carriage before the horse and can't figure out why after having beaten the horse to death you haven't reached utopia.
at 18:51 on October 9th, 2011
Two thoughts..
It would actually help corporate America to kick start this economy..Ultimately it benefits them. It's not a socialist idea..
Second, when Obama says lets tax more, he's being given bad advice. The government has become to expansive and expensive. The American public is being misled on what Americans need from government. Huge cost overruns in government involving specifically the military, multiple levels of redundant bureaucracy, and non-productive agencies cost nearly a trillion dollars a year in wasted tax revenue.
at 19:50 on October 9th, 2011
'Corporate America' can not simply kick start the economy. It requires government laying down pragmatic ground rules that offer the best opportunity for private investment capital to be able to function. Not Obama and the Democrats idealism of wealth redistribution. Give private capital investment a secure model and the jobs will come as a natural by-product, and wealth will come to those who work, save, and sacrifice immediate gratification to acquire it.
We have industrialized victim creation in this country that spans from local community workers, up to and including the Federal government. The industrialization of the victim mentality began when we centralized social services to the urban centers. Politicians then saw the advantage to increase their own political clout and enlarge their budgets. Instead of encouraging local, by need, distribution of services it was argued that by centralizing the service those in need would be better served. Except how does a limited, finite, private capital system create jobs in a urban setting for a group of people in a urban setting that out spans those with private capital to create the jobs?
It can't. It's been known from day one that centralizing services would create a service centric social strata. Bigger and bigger government would be necessary to meet the need. And Democrats have championed the self-fulfilling prophesy of the victim and made that it's base for political empowerment.
We haven't reached this impasse by chance but, by design. Liberal social designed utopia. Now I ask you. How hard are Democrats going to work to reverse this cluster f^(k they purposely created? Not at all. Zilch. Nada. Instead they are financing and championing those poor middle class children victims of higher education who are skipping school to bring down our financial institutions.
You got the chains you can believe in. Enjoy the final sprint in the race to the bottom. You earned it.
at 04:09 on October 10th, 2011
"It requires government laying down pragmatic ground rules that offer the best opportunity for private investment capital to be able to function."..
..you've been Yankee-ized..lol
.30-06 is now a socialist ! lol
at 06:17 on October 10th, 2011
Ha!
at 18:23 on October 9th, 2011
There definitely isn't any major consequences for 'White/Blue Collar' (?) criminals. They get a slap on the hand and that's about it. Governments are getting too complacent within their offices and growing their personal power and wealth -contributing to the state of decaying values and morals. There is next to no support for the people that care enough trying to correct these problems.