ANOTHER ONE !
Actually Mac, the way it works is that those of us who believe in FREEDOM think it's none of our business, and certainly none or any politician's business. I really don't care if GM gives its entire receipts to its Chairman of the Board. That's a problem for GM stockholders if it turns out to be a bad move, not for me. Obama & Co. have never run a five million dollar company, and now they're going to step in and run billion dollar companies? Get real!
ML/NJ
So ‘Mac”, FREEDOM now includes the ability to rig the game so that only certain people can even get in, like the major hedge funds, etc? And then when they screw it up, FREEDOM means that they can toss the little guys under the bus so they can continue to make the payments on their Swiss condos?
You probably think that Bernie Madoff was simply expressing his God-given American right to the FREEDOM to sucker people? In Teddy Roosevelt’s day they called it a crime.
But, then, Teddy was a big Bolshie wasn’t he?
As long as the market is free to work... which currently it is NOT. IF these guys take bailout money they deserve what they get. No self respecting capitalist would ask the government to bail them out in the first place. Failure happens for various reasons. Suck it up and start over don’t come whining to me for government hand outs