What's distressing to me is that people across this country with little background in history simply like the idea of the government taking over everything and running it. THAT is the thing we should be wary of whoever does it. But these companies are going to Uncle Sam with hands out, so if such a situation occurs, the government shouldn't be some ATM that just spits out money, which is subsequently squandered.
This isn't something I like happening, but at the same time, while we're all defending capitalism, it's these "capitalist" bigwigs in corporations who are trying to sign up for welfare. If THEY don't care about the consequences of trying to grab that government cash, I couldn't care less if they hold their jobs.
I wish we'd stopped this trend long ago, but now companies think they can just run to the government for money, and the problem is we now have a government that's interested in taking them up on the offer because they can get their foot in the door and take over industries.
Now that this trend has started, I don't see it stopping. If capitalism is collapsing in this country, I've got news for ya--it ain't just Obama and the leftists who're killing it, it's these "capitalists" people like us have been defending. When the chips are down, they suddenly turn into collectivists, "If we fail, the dominoes will fall and hurt YOU, so fork over the cash" being their new "The business of America IS business."
Something I have been trying to get across to people for months around here is how bipartisan the financial shenanigans has been in the last 10 years.
The primary culprit behind the whole financial mess we are experiencing is The Gramm-Leach-Bliley Act of 1999. And guess what the Senate vote was on its passage....90 for and 8 against.
Both sides of the aisle sold capitalism down the river and our fate was sealed when that legislation was written and introduced by the GOP, passed by almost equal numbers of republicans and democrats and signed by Clinton.
There's a rule about money in the middle of the table. "All money in the middle of the table is mine" or something like that. It's a corollary of the overarching Master Rule: "All money in the Universe is mine. Bring it to me."
More to your point, businessmen have been jack capitalists for a long time .... socializing risk and cost (crummy, unsafe working conditions, lockouts and wage cuts when the old quarterly numbers flag) while privatizing gain (that is MY MONEY!).
Nothing new about that. I think all high-school kids should have a four-year, fixed hour per day of survival logic: forensics, phony argumentation and BS, how to spot long and short cons, how to spot bogus ad and product claims, How Not to Be a Chump, how to sue in small claims court. I think they really need it.
I agree Dark Wolf! That’s why I argued against the bill of attainder talking points memo, I feel that if they are on WELFARE I don’t like paying for them anymore then I like paying for octomom.