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And now they're being FORCED to raise $74B in 60 days. Good. Too bad they couldnt be bothered to do it on their own.
Thats my point, now they are being FORCED to do their job, something they should have done months ago, but hey, why do that when daddy government is there with a check, and wont even take the money back when its offered..
oh you want a response? the government gave them the money so they could take over. they could have just done what most americans wanted, and ignored them and let the market phase out the losers.
But it wasnt a popular idea then, let the banks fail? Ooh no, that would mean people would lose money, lets have the government come in, make people lose money, and then say that banks need to raise money on their own... its the popular thing to do now...
I have no doubt that if the taxpayers still thought that the banks needed another bailout, they would receive their bailout.. no doubt at all, and to me, spitting in the wind to see what way the polls show people feel about the issues prior to making a decision is not leadership..
oh you want a response? the government gave them the money so they could take over. they could have just done what most americans wanted, and ignored them and let the market phase out the losers.
Yes, they could have. And a debate on whether keeping them in business was a good idea or a bad one would be useful.
However, your comment was that the Dems were actively taking over the businesses, when in fact, the businesses had begged for the intervention.
Location: I currently exist only in a state of mind. one too complex for geographic location.
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no, the statement is that democrats hate the private sector. this is not a lie, it's common knowledge. why do you think corporate taxes are so high? corporate taxes should be 0%.. dems love taking over every aspect of the private sector. thefinalsay lays down the truth.
Quote:
Originally Posted by idahogie
Yes, they could have. And a debate on whether keeping them in business was a good idea or a bad one would be useful.
However, your comment was that the Dems were actively taking over the businesses, when in fact, the businesses had begged for the intervention.
When they (banks and corporations) make a profit they already are stealing from the people. Profit indicates a market failure created by charging their customers too much for their product or paying their workers and suppliers too little.
That statement is so pathetic I'm not sure it even warrants a response.
Thats my point, now they are being FORCED to do their job, something they should have done months ago, but hey, why do that when daddy government is there with a check, and wont even take the money back when its offered..
Dont blame the daddy for stepping in though, blame the chronically irresponsible kid.
Obama's kind of the stepdaddy here in this story actually...get that kid on track and maybe that'll please this crazy woman he married...hold our head up among the neighbors...etc.
You blame daddy for not teaching them to be responsible BY bailing them out..
Daddies will bail kids out in a crisis, but then they set up mean strict rules the kids dont like and make them straighten up - no take-backs. Anyway it's their earlier daddy's fault for indulging them to be the little piggies they are.
what you have to wonder is why the government will invest over 6 billion (plus) taxpayer dollars in a company valued at 2 billion dollars. maybe the new daddy shouldn't handle the money either.
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