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Originally Posted by sugarpop
I agree. I don't think we should EVER bailout ANY company. In the situation we are in, however, not bailing out the banks would have been a complete disaster.
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How is it not already a complete disaster? The bailouts are just prolonging the inevitable.
Anyway, the banks are just the tip of the iceberg. The situation in California is just a glimmer of what may happen to the entire Western world. Letting industry and banking go without bailouts may have given us more short-term pain in exchange for lessening some long-term pain.
Read up on economics. Please.
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Originally Posted by sugarpop
I think all you people who are SO pro-business, and think business needs absolutely NO regulation, ar the ones who are ignorant. The business model has proven over and over again that they cannot be trusted to do anything that is in the best interest of the people of this country. They only do what is in their own best interest, and that means putting money in their own pockets at the expense of everyone else.
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Ever hear of game theory? Part of the reason the banking and finance industry imploded is because they had to work around regulations. The proportion varies depending on which expert you're listening to. Yes, they would have made some of the same mistakes but Federal regulations demonstrably incentivized unsound decisions, increasing the magnitude of the problem.
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Originally Posted by sugarpop
How many millions of those jobs could someone who is here legally have right now, and not be on unemployment?
Anyone who supports business hiring illegal workers is supporting a form of slavery.
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First, those jobs would likely go empty without undocumented migrant workers. Even with increased unemployment, like we're experiencing now, those jobs would still go unfilled to a significant extent because white collar workers are not going to do them until their situation becomes most dire. Even (especially?) blue collar workers aren't going to do hard manual labor unless they have to.
Second, look at your statement from the other direction: Anyone who supports immigration restrictions is supporting a form of slavery by giving business owners incentive and a supply of exploitable labor.
Think about it. If we made it easy for all non-hostile (like no ties to terrorist organizations) immigrants to gain official status then businesses would have no incentive to favor undocumented migrants over citizens, except when it comes to suitability for the work.
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Originally Posted by sugarpop
He has been sent back 3 or 4 times already, and he just comes back. And he has a job that pays him $35/hour under the table, so it's not like he's doing menial labor either.
The best way to fight illegal immigration is to SERIOUSLY punish those who hire them.
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First, that is meaningless unless you define `menial` and tell us what he does and tell us how much it costs him in lost wages when he is deported.
Second, you gotta be fucking kidding me. The easiest way to fight illegal immigration is to get rid of immigration restrictions. That is LESS work and LESS burden on the judicial system.
Incarcerating someone for 5 years costs MORE THAN THE FINE YOU PROPOSE. That's just insipid.