
Originally Posted by
gunnut
Our quasi-capitalist government dictates that banks must lend money to people who may not qualify because data shows that those people are usually members of the "minority" group. Of course we can't force people to lend money to someone based on skin color, that would be racist. So we write up legislations to lower the lending standards. Well, that's absurd! You cannot legislate away risk in the market place. So we set up gigantic quasi-government enterprises with "implicit" government guarantees to insure the banks that all is well.
That's the problem with trying to regulate a capitalist market to make things "fair." "Fair" for whom? Making things fair for one member of the society automatically deprive someone else of his labor.
Conservatives do not believe in equal outcome or equal results. We believe in equal opportunity to pursue the outcome. The outcome is never guaranteed.