On Sat, 18 Apr 2009 11:48:27 GMT, "Tom Littleton" wrote:


"Richard Pearson" wrote in message
. ..
But your idea is to depend on the govt for everything. That the liberal
mantra. And you just puke out the party line without thinking or
understanding the baseline issues.

thus far, I see no sign that you have a clue what the baseline issues are.
Here's a hint: Government regulation of commerce and banking was much more
pervasive in the 1950's than the present. Oddly, many people view that as a
sort of Golden Age of American Capitalism.....

It was also the real beginning period of the "Cold War," the hula-hoop was
popular, and the music died - GOVERNMENT REGULATION KILLED BUDDY HOLLY (...the
*******s...)!!!!

Actually, while regulation was simply different (as was enforcement), the
players were much different, too. You had a very limited participation in the
equities market and its collateral markets, and while the economy was vastly
different, economic principles remain the same. Moreover, the 50s were a time
of vast post-war boom in the US (which remained unscathed physically by WW2)
and tremendous upheaval in most of the rest of the world - ask older Brits,
Europeans, or Asians about the 50s, and you'll find that they weren't all that
"golden" world-wide (or heck, ask a black person who was an adult in the US...).

Tom
p.s. political ideologues aren't going to improve our situation, from either
side.

They never have or will.

TC,
R