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To: Leisler
Taxes have to be paid. Investments that draw capital away from the private market, cause there to be less funds available in the taxed market, which means higher rates. There is no free lunch. You have a very shallow comprehension of economics.

Those private market firms who are "too big to fail" have proven themselves to be negligent and irresponsible investors.
So perhaps it's time for taxpayers to invest in public infrastructure. At least then we get a tangible structure for our taxes instead of an empty hole in our pockets.

19 posted on 02/11/2010 7:46:03 AM PST by Willie Green
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To: Willie Green
"Those private market firms who are "too big to fail" have proven themselves to be negligent and irresponsible investors."

Not with my money. Plenty of hedge funds made billions by investing against these firms. There were reason Warren Buffent wouldn't loan to, say, Lehman. Their annual report, available to anyone, was junk.

The fact that big government, big tax, big finance Bush/Paulson/Democrats in Congress/Obama wanted working class and small business to bail them out is no reason yet introducing more activities into their hands. Goldman Sac, Citi, BoA, are corporatist arms of the Treasury Department, and exist at their leasure. So, the socalled bailout was amongst friends. Not my friends, but friends never the less.

You want big gov, big gov will take from you.

"or taxpayers to invest in public infrastructure."

Taxpayers don't invest. They just get harvested from. 'Investments' are done by politicians. For votes and money from unions, contractors and rent seeking( look up ) business.

31 posted on 02/11/2010 8:39:28 AM PST by Leisler (We are in the best of hands)
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