Posted on 03/31/2010 7:03:34 AM PDT by Stoutcat
I don’t believe that any company is “too big to fail.” If a company has adhered to risky business practices, and the risks fail, then I think the company should be allowed to fail. I’d far rather have seen our government make it a bit easier for small and mid-sized businesses in this country to stay afloat, rather than shell out tens and hundreds of billions of TARP dollars on the likes of AIG, CitiGroup, Wells Fargo, and the likes.
That said, however, I definitely don’t think the United States government should be meddling in the financial affairs of businesses which have paid off their TARP loans and are no longer under obligation to the government. Sadly, these companies won’t get off that easily...
(Excerpt) Read more at grandrants.wordpress.com ...
“In other words, “You are too big to fail, but you’d better not be too successful, or you will be punished.””
That’s the problem. This country is sabotaging people who could be solving the problems.
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