To view parent comment, click here.
To read all comments associated with this story, please click here.
I'm surprised that your views are so one-sided (considering recent world events). So, Socialism never works, even though your government is nationalizing financial institutions left, right and centre (Freddie Mac, Mannie Mae, etc etc).
Yep, it's clear that market economies are better...until they f#&k things up and go running to the government for a hand-out.
Live by the sword...and then go and hide behind mom when things get too tough.
If you dig deeper in the cause of the economic situation in the US, you'll find it was government regulation that caused it. One of the causes (there are many) is the quota that was placed on Freddie Mac and Mannie Mae to give out loans to people who normally wouldn't be given loans so lower income families could have a piece of the American Dream. Sounds good in theory but it didn't really work out. The the problem right now is people think it was deregulation that caused this issue and that false logic is going to make it worse.
Sorry for the side track...
Well said NiceGuyEddie. The media has been feeding us so much crap that we miss the forest for the trees.
There is nothing free-market about FNMA (Fannie Mae) and coercion by justice dept. for banks to make sub-prime loans. The US Banking and mortgage institutions are not market economies because the central bank wields so much control over them and has sole control over the money supply. Fannie/Freddie are also competing with government sponsored advantages against private banks so they can take more risks than private banks can. The banks should be left to fail. Murray Rothbard and Henry Hazlitt have both written great historical pieces that helped me get my perspective straight.
But I digress... As for OperaMini, Apple is missing the boat on this but they should be free to do whatever they want because it's their product and no one else can say anything about that. If one doesn't like it, they are free to associate with any other they wish.
Ciao,
A liberal democratic republican (lower case)





Member since:
2005-11-10
Right because government control works so well everywhere it's ever been tried. There is a reason Socialist countries like the USSR and China under Mao fail and collapse on themselves because governments are incapable of doing much of anything correctly. Market economies are better, including those severly hampered by regulation like every economy currently in existence. Please realize that there does not exist a single country in the world with a free market economy because they are all mixed economies now minus a few socialist relics like Cuba and North Korea. Although even those countries keep themselves from starving through black markets in basic products and services. If you want to understand why government does not work I suggest you read Socialism by Ludwig von Mises written in 1922 which accurately predicted why and how the Soviet Union would collapse economically. It also explains what function prices perform in the economy.
You know you don't have to buy Apple products. There are a lot of alternatives out there. I don't buy Apple products and I get along just fine.