About SuperSonic

SuperSonic's most recent comments:

On 15 Mar 2012 in Nassim Taleb on the economy and presidential candidates, SuperSonic said:
The bank is the government. Simple as that. Reduce government and you reduce he need for the central bank. Eliminate exotic finacial instruments and you don't need regulations. Regulations are for socializing losses and privatizing gains.
On 14 Mar 2012 in Nassim Taleb on the economy and presidential candidates, SuperSonic said:
Thank you WTF. The banks were forced by congress to make these loans. Anyone who thinks there is a free market in the US has just not done enough research. I am neither a R or a D. You can not name one Industry that is not subsidized in some manner by the government. Try and I will prove you wrong.
On 14 Mar 2012 in Nassim Taleb on the economy and presidential candidates, SuperSonic said:
As a long time Ron Paul supporter I hear this idea all the time that some how Free markets are to blame for the current situation, when nothing could be further from the truth. In a free market system none of these sub-prime loans would have ever been made. If you allow banks to fail for making bad loans then they behave in a manner that maximizes profits while minimizing risks.

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