Sorry to confuse you again iza, but the UK has no written constitution!
OT: Do You Have Any Confidence in Bailouts?
:teehee: Yes, I know the UK doesn’t have a written constitution, the same way Canada and the US do. But from what I understand, there are constitutional principles clearly identified in various documentations, isn’t it true?
the meaning of a republic is a country with states/provinces or the like that are unified under 1 executive and legislative body but also have their own local laws.
Iran and China are republic because they have provinces unified under the one leader (President for Iran and President for China) but are both countries are well know for lack of human rights. A republic can be restrictive of human rights.
Ironically before the overthrow of the Shah in 1979 in Iran, it was one of the most progressive Middle Eastern countries, women were in government, teachers, did not wear the scarf if they didn’t want to, religious freedom was great there.
I heard Steve Forbes today say he though this bailout was a good measure. That aside…let’s ASSUME he’s correct…since the government can’t handle the buckets of money they already have, can’t handle social security, or allow US to invest it if we so choose…how can they be trusted with more financial responsibility???
You want to talk collapse? Look at social security. If they handle banks as well we’ll have financial collapse for sure. Then again, I’m not sure that’s not the plan of some.
Thanks for all your input! It will take a while to see the final fallout for sure!