“Do you believe in free markets? How did you economic model come up with $250K? Zer0’s number? The only debt created is by your buddy Obama.”
It’s hard to see how you have a free market when the government uses hundreds of billions of dollars to keep failing companies from going under. Russia had the same problem with their old, inefficient, factories, until they finally cut those zombie companies loose.
As to the $250k, no, I wasn’t thinking about about Obama and no, I don’t agree with his class warfare (read the rest of my posts, just from tonight, and you’ll see what I mean). But I get really upset to see the huge bonuses starting up again while these bailed out companies still owe taxpayers hundreds of billions of dollars. I just want to hit these freeloaders where it counts.
GM should have been allowed to fail. The banks should have been allowed to fail. Just as I am allowed to fail. There is now a system where once you get to a certain level, the Fedgov will protect you from competition and make sure your losses are paid by the tax payers, and your profits are allowed to go private.
This is not a free market system we are living in. Hasn't been for a long, long time.