Quote:
Originally Posted by multiweb
Businesses shouldn't be bailed out plain and simple. What I find distressing about bailouts is that it kills competition and gives a false sense of security. Then as you say they don't care anymore because they have a safety net. When a big fish falls, it's an opportunity for other small ones to thrive. Bailouts rig the game big time regarless of "legitimate honest/fair businesses" or "consumer screwy" types.
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Agreed, but alas, government, which no doubt accepts nice bribes, oops, I mean contributions from big business differs. Funny, I don't remember businesses being allowed to vote, and I do remember that politicians are voted in by the people, and are meant to represent the people (not business entities).
America will eventually collapse due to debts, it's only a matter of time. What it'll do to the global economy, I don't know, but it serves ourselves right for relying on a single economy to such a large extent.
Dave