May 18, 200817 yr Great sidetracking of a mileage thread. One last(?) comment. In response to a Fox-News type dismissal of those who favor a regulated free market. Bulwnkl: “… I have no problem with folks who want to have a command economy with a little freedom rather than a free country with a few rules…” Bulwnkl: “…I agree that many times people are afraid of free markets…” Please don’t use nonsensical “straw man” arguments. We’ve had enough of them from the current administration. No one is contesting the fact that free market capitalism is the best economic system in the world. However, we do have to leave the classroom and live in the real world. I see USMB board members advocating an enlightened application of public policy to carefully and lightly regulate the imperfect markets of the world economy. Policy mistakes are made and corrected. That’s part of the process. I would argue that the ebb and flow of regulatory fervor is part of the market mechanism itself with all its inherent pitfalls and imperfections. The American People have spoken and have chosen a regulated free market system. Many years of trials and tribulations have created the economic model for the world to follow. That said, I’m looking forward to January 29, 2009 as every now and then we get an administration that mucks things up a bit.
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