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And yet, that'll get you labeled a "socialist" in most parts of the country.

• hnal943 15y ago
  Only if you misunderstand who is insulating the banks from risk and advocate for more governmental restriction. The capitalist would advocate for the government to stop unconditionally underwriting mortgages under the guise of promoting home ownership.
  • jeffool 15y ago
    haberman said "The #1 priority should be making sure that no institution is "too big to fail"". That is what martythemaniak was saying was oft called socialism. If you have means other than government interaction to control the size of business, I'd love to hear it. (Unless you're saying that huge, pivotal companies failing and damaging the lives of all those around it should be encouraged and welcomed. But that's what these two are saying needs to be avoided.)
• anamax 15y ago
  > And yet, that'll get you labeled a "socialist" in most parts of the country. Where? Actual citations needed, not just handwaving about "conservatives". I note that the tea party is very opposed to bank bailouts.
• simplefish 15y ago
  The policy he advocated can be spun in a way that sounds socialist. Phrased the way he did it though? No, that's not going to get you labeled "socialist" anywhere.
• tlogan 15y ago
  Yes - even though that is not logical, the label "socialist" is used in most parts of the country to smear people who are true capitalists. The train of thought on Fox News goes like this: banks are private business, if they go bankrupt, FDIC takes over deposits, FDIC is government, government is socialism - so if you allow banks to fail you are socialist.