I need proof

To any of you free-market haters out there who listen to the mass-media pabulum that the free market caused the current financial mess, I kindly and warmly invite you to prove it to me. I want to be wrong on this. Believe me, I do. I’m sick of being right.

You constantly say that “financial de-regulation” caused this. So my challenge to you is to illustrate to me, using bona-fide resources, which regulations were REMOVED in the past 96 years (since the inception of the central banking model in the US) that could have caused this. Show me how the influence of the central bank and its crony banksters WANED during SOME POINT in the past 96 years. Which regulations were altered so that freedom of commerce could be allowed to destroy us?

I’m betting you can’t do it. It’s all poppycock. It’s just a buzz-word that allows you to set up the federal government as the savior and source of redemption in troubled times. You think MORE rules and regulations will fix the problem. So show me. Show me how we set up a ton of rules back in 1913 to keep the chaos “inherent in the economy” at bay, and how we “removed” those rules to allow for a collapse. I want proof. Dammit, I need proof because when you say “de-regulation caused this mess,” I don’t buy it.

You must know, however, that we’ve had more financial and economic rules and regulations heaped upon us (the US) over the past 96 years than one could measure. And something else; the very purpose of the Federal Reserve system which was established in 1913 was to create stabilization, yet all we’ve had is one continuous nasty cycle of booms and busts since then.

I think the Fed has had its chance to show us whether it works or not. Sadly, I think the scoreboard is crystal-clear: the Fed lost, and it’s time for real monetary change.