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Originally Posted by pknopp
And yet you have argued that re-inflating the bubble was a good thing. Bubbles always pop.
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What bubble is that. Show me proof of a bubble.
Do you mean stabilizing the market?
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This gets old. GM was not going to get liquidated. It was never going to happen.
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What get old is denial. GM had a good chance at being liquidated without our government help.
But I'll tell you what. You tell me why GM received 33 billon in financing from the taxpayers.
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So what? People go broke every day. It's HOW IT IS SUPPOSED to work. You make bad investments, you lose your money. That is how it is suppose to work. Again, that is how it is supposed to work.
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And again. It wasn't just about some bad investments. It was about a financial meltdown. And like second hand smoke it wasn't just going to hurt the smoker but everyone around him/her. I've already explained in fully how in my other posts.
Op Ed. Ignored. Btw could the author use the word "lie" a little more. Would make him seem a little more deranged.
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This is how it is supposed to work. Again, that is how it is supposed to work. Again?
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so you'd perfer no growth, no new businesses, and no jobs. Got ya.
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The lower ones had nothing to lose. They go broke at the end of every month.
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Well since they're still willing to work even while going broke.....show they must have something to lose.....now don't it. And even people who lost their jobs/businesses went to look for work after the "meltdown". Why's that?
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Wall Street says investment levels are at recession levels. The only reason it's where it is at is because the Fed is still, after 8 years propping it up.
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Yet you have no proof it would be any better if we let it all crash. And again people are still investing.
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Obama is full of crap. Timothy McVeigh even said that laws were broke BUT it would be bad for the economy to actually prosecute anyone. Nearly every bank ran afoul of Sarbanes/Oxley.
Lloyd Blankfein perjured himself and nothing was done.
Senate Probe: Goldman Sachs Shafted Clients, Lied to Us
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Nobody went to jail because no laws we're broken at that time. No matter what you try to pass off as truth. Proof in the pudding.
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You haven't mentioned anything valid.
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Truth hurts. Doesn't it. Libertarian's would prefer to hurt innocent people caught up in a bad situation as opposed to holding their nose and doing something that needs to be done.
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Again, it's funny to watch someone like yourself defend corruption and corporate welfare especially when it has done so much harm to the lower classes.
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Nice try. But fail. Everyone can read what I wrote. And they know that I'm for the little guy.
And your posts have show the complete callousness of a libertarian point of view towards the workers of this country.