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So lets get this straight - you responded earlier to a suggestion that there should be legislation by saying that the market corrects itself (and used the recession as an example of this self-correction). This amused me. You then tried to back out of that by saying that you had used it in a different context and didn't really mean it the way it came out. And now you're claiming that you were just taking a practical view of legislation.

So we could conclude that actually you don't know what you want. Which is fine in itself - neither do I - legislation limiting house prices wouldn't work, nor would it gain the support of the majority of the country. But against that I KNOW, not think, I KNOW, that letting right wingers self-correct the market is ******* stupidity of the highest order - in every country where this has been allowed to happen it has resulted in disaster, or near disaster.

So presumably the real answer lies somewhere between the two. but at least we seem to have established that self-correction is fudwipery.

<blockquote data-quote="simmo" data-source="post: 2518913" data-attributes="member: 65084">So lets get this straight - you responded earlier to a suggestion that there should be legislation by saying that the market corrects itself (and used the recession as an example of this self-correction). This amused me. You then tried to back out of that by saying that you had used it in a different context and didn&#039;t really mean it the way it came out. And now you&#039;re claiming that you were just taking a practical view of legislation.So we could conclude that actually you don&#039;t know what you want. Which is fine in itself - neither do I - legislation limiting house prices wouldn&#039;t work, nor would it gain the support of the majority of the country. But against that I KNOW, not think, I KNOW, that letting right wingers self-correct the market is ******* stupidity of the highest order - in every country where this has been allowed to happen it has resulted in disaster, or near disaster.So presumably the real answer lies somewhere between the two. but at least we seem to have established that self-correction is fudwipery.</blockquote>

[QUOTE="simmo, post: 2518913, member: 65084"] So lets get this straight - you responded earlier to a suggestion that there should be legislation by saying that the market corrects itself (and used the recession as an example of this self-correction). This amused me. You then tried to back out of that by saying that you had used it in a different context and didn't really mean it the way it came out. And now you're claiming that you were just taking a practical view of legislation. So we could conclude that actually you don't know what you want. Which is fine in itself - neither do I - legislation limiting house prices wouldn't work, nor would it gain the support of the majority of the country. But against that I KNOW, not think, I KNOW, that letting right wingers self-correct the market is ******* stupidity of the highest order - in every country where this has been allowed to happen it has resulted in disaster, or near disaster. So presumably the real answer lies somewhere between the two. but at least we seem to have established that self-correction is fudwipery. [/QUOTE]

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