View Single Post
Old 05-27-2009, 09:26 AM  
scuba steve
Confirmed User
 
scuba steve's Avatar
 
Join Date: Oct 2008
Location: i'm in miami bitch
Posts: 1,888
Quote:
Originally Posted by Sly View Post
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.
dodge won't be the last to fall either...
__________________
scuba steve is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote