Comments on: Duncan Wants Government Out Of (Private) Business

By: Toyota Kawaski

Toyota Kawaski — Fri, 19 Jun 2009 12:37:51 +0000

VOTE SHANE MASSEY

By: lou

lou — Fri, 19 Jun 2009 11:49:08 +0000

Mr. Duncan needs to hear my story. Thanks for the tip FITS

By: Ron

Ron — Thu, 18 Jun 2009 22:43:36 +0000

healthy fear

By: Ron

Ron — Thu, 18 Jun 2009 22:19:45 +0000

FASCISM;often capitalized : a political philosophy, movement, or regime (as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition;

Friends, I agree that our country is by no means fascist, but i also have a healty fear, in my view, that we’re headed for big trouble with the tendencies of our present administration for government control of business, education etc. What i see is the beginning of “severe economic and social regimentation” which is fascism as defined above.

By: Jeff

Jeff — Thu, 18 Jun 2009 21:15:34 +0000

Frashizzle: Just how do you figure that?

By: Jonathon

Jonathon — Thu, 18 Jun 2009 21:11:13 +0000

Bait and Switch Duncan

By: Fashizzle

Fashizzle — Thu, 18 Jun 2009 18:54:34 +0000

This is the same Jeff Duncan who sold out last year so Harrell would make him Ag Chairman. Don’t believe a word he says.

By: ABCDE

ABCDE — Thu, 18 Jun 2009 18:12:49 +0000

“it was, the enactment of the Gramm-Leach-Bliley Act in 1999…that largely led to the current financial crises and the necessity of government intervention.”

Or, more accurately, it was the aggresive imposition of the Community Reinvestment Act which forced banks to either give (literally) mortgages to people who could not afford them or else suffer the wrath of ACORN.

But hey, what better than a little government intervention to clean up a mess caused by government intervention?

By: Charles

Charles — Thu, 18 Jun 2009 17:22:05 +0000

Ron, the government take over of private business is not the definition of Fascism. The government take over of an industry with the goal of permanently operating that industry for the public good would be Socialism. An example would be the oil production industry in Alaska. (Strangely enough, Alaskans, including Sarah Palin, staunchly defend the partially socialist economy they have set up there.)

The temporary take over of select businesses in order to prevent the collapse of the entire economy, or to prevent an industry vital to national defense from ceasing to exist within the country would best be described as self preservation.

Finally, while I would agree the public has no desire for the government to permanently take over and operate previously private businesses (which to my knowledge no one has proposed) The polls show the public does want more regulation of the financial services industry.

Despite what some on the far right would have the public believe, it was, the enactment of the Gramm-Leach-Bliley Act in 1999, which repealed the regulations placed on financial services companies by the Glass Steagall Act and the Bank Holding Company Act after the Great Depression that largely led to the current financial crises and the necessity of government intervention.

By: Romneywouldhavebeennice

Romneywouldhavebeennice — Thu, 18 Jun 2009 17:15:02 +0000

What I appreciate about this issue, is that Jeff is actually offering up a solution to a problem most people have with the way our government is running these days. Everyone I’ve heard who is running for office these days says the same thing “bailouts are wrong, the government is spending to much”. I know the GOP is in the minority, but if we talk about solutions instead of just complaining, we have the ability to put real pressure on Congress (indirectly through the voters)

I appreciate Jeff being innovative on this issue