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Is America now considered a soft touch?

This is a discussion on Is America now considered a soft touch? within the The Political and Social Snake Pit forums, part of the Current Happenings category; None of this would change the role of government in the Fed. The Fed would basically be tasked with the ...

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    None of this would change the role of government in the Fed. The Fed would basically be tasked with the direct supervision of private companies large enough to pose a systematic risk.

    I don't entirely agree with that, but I'm not sure what a better option would be. I guess it's better than having direct government supervision of the companies. Necessary evil.

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    i wasn't even getting into the rightness or wrongness of these actions, just trying to show that there is influence. of course based on the wishy washy language there, it doesn't seem like obama really believes it's gonna be the right move either.
    what matters most in life is honesty. it's never wrong to do the right thing.

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    Quote Originally Posted by bluffmanxx View Post
    i wasn't even getting into the rightness or wrongness of these actions, just trying to show that there is influence. of course based on the wishy washy language there, it doesn't seem like obama really believes it's gonna be the right move either.
    Nobody really does. We're kind of in uncharted waters here.

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    right, uncharted waters.

    i still want the captain of my ship to show confidence though. i can just see the skipper of the minnow saying, "i think" we can outrun this storm if we make these course corrections. we all know how THAT turned out
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