Skip to comments.
Mike Reagan Hammers the Dems/Wall Street Bailout
The Michael Reagan Show ^
| 09/19/2009
| Michael Reagan
Posted on 09/19/2008 5:24:26 PM PDT by RadioCirca1970
click here to read article
Navigation: use the links below to view more comments.
first previous 1-20, 21-26 last
To: TigersEye
What concerns me is how capitalists are EAGER to hitch a ride on the socialism train when THEY screwed up. Wall Street capitalists also don't want to be responsible for their actions. They are money than ecstatic to see YOU pay for their greedy mistakes.
21
posted on
09/20/2008 9:56:20 AM PDT
by
nmh
(Intelligent people recognize Intelligent Design (God).)
To: TigersEye
this is all a ruse to nationalize more of the economy
Not exactly. More like a ruse to socialize the debt and privatize the profits.
22
posted on
09/21/2008 3:07:34 PM PDT
by
ThePythonicCow
(By their false faith in Man as God, the left would destroy us. They call this faith change.)
To: ThePythonicCow
If you narrowly focus on just this specific event that is an accurate characterization. Now consider what will happen on down the road when other giant corporations default and threaten this fragile fix. Consider the push to nationalize all our health care as well. Big industry. Very big industry.
But apart from looking into the future I still don't get much comfort from compartmentalizing the situation as "socializing the debt and privatizing the profits." How is that essentially different from an openly socialist system where the little guy pays big taxes and the corporate bigwigs get rich?
23
posted on
09/21/2008 3:26:20 PM PDT
by
TigersEye
(This is the age of the death of reason.)
To: TigersEye
The little guy pays, and the bigwig gets rich ... we agree.
I misunderstood what you meant by the word "socialism". As advertised, we all live better. As practiced, the little guy pays, and the bigwig gets rich.
24
posted on
09/21/2008 3:46:18 PM PDT
by
ThePythonicCow
(By their false faith in Man as God, the left would destroy us. They call this faith change.)
To: ThePythonicCow
I suppose I meant it more specifically, as practiced. That the government is in control of who pays the debt and who benefits from largess. In essence government bypasses cause and effect and assigns accountability where they will. That to me is a signal feature of socialism or communism for that matter. Individual liberty and responsibility simply don’t exist. They are overridden by fiat decision making.
25
posted on
09/21/2008 4:08:43 PM PDT
by
TigersEye
(This is the age of the death of reason.)
To: TigersEye
26
posted on
09/21/2008 4:12:19 PM PDT
by
ThePythonicCow
(By their false faith in Man as God, the left would destroy us. They call this faith change.)
Navigation: use the links below to view more comments.
first previous 1-20, 21-26 last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson