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Sly · 05-27-2009, 09:16 AM

In a "free-market economy" there never would have been bailouts.

There never should have been bailouts. Many people say that we are capitalists and "capitalism has failed"... we aren't capitalists. We are some odd mix. That odd mix seems to fail again and again... the executives pad their pockets on the work of the average Joe (tax dollars) all while laughing to the bank.

It's no coincidence that each and every one of The Big Three needed "help" at the same time. They ignored market trends, they ignored what PEOPLE wanted, and in the end it's the PEOPLE that get screwed by massive job losses, lost tax dollars, and a deteriorating confidence.

"Too big to fail." There is no such thing.

05-27-2009, 09:16 AM
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,323	In a "free-market economy" there never would have been bailouts. There never should have been bailouts. Many people say that we are capitalists and "capitalism has failed"... we aren't capitalists. We are some odd mix. That odd mix seems to fail again and again... the executives pad their pockets on the work of the average Joe (tax dollars) all while laughing to the bank. It's no coincidence that each and every one of The Big Three needed "help" at the same time. They ignored market trends, they ignored what PEOPLE wanted, and in the end it's the PEOPLE that get screwed by massive job losses, lost tax dollars, and a deteriorating confidence. "Too big to fail." There is no such thing. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.