We seem to bail anyone out these days. Do something stupid and run to mama gov't for your allowance. Where oh where will it stop?
It will stop before it gets to the working man. It always does. It will help the rich, the poor the homeless, the unemployed, the bums, but the working man won't get shit but more taxes.
The taxpayers only seem to be expected to foot the bill via bailouts to those who contribute heavily to the campaign funds of our political leaders. Notice how the real money isn't really going to those they claimed it would go to when they first opened this Pandora's Box.
I goddamn guarantee if the firearms industry was going tits up as a whole there wouldn't be any bail out forthcoming.
There are plenty of small businesses nationwide that fail each and every year. Why have we not seen the government view those failures as a "crisis" as well? Those businesses tend to employ people as well who end up losing their jobs.
How convenient. Another lefty cartoon that totally ignores the Democrats contribution to this fuckup. Democrats ran the House from 1954 to 1994. Then again from 2006 to the present. Democrats ran the Senate from 1954 to 1980. Then again from 1982 to 1994. Then again from 2006 to the present. But no it's all Bush's fault!
If the gubmint was truly worried about businesses closing, they would have stopped the monopoly called Wal*Mart years ago.
The one I didn't get because I made too much money, but the one some shiftless layabout with a job got? That 600 bucks?
Simple - 10 folks who lose their job can possibly find another job faster than 1000 or 10000 or 100000 folks. which is why the government will figure out a way to bail out the big 3 because they can't afford to have a state on welfare.
Our local House representatives will not return phone calls or take phone calls from the taxpayers that are footing the bills for these bailouts, but I guarantee that if a member of one of these boards, or a PTB telephoned them they would be put right through.
Hey, y'all, there's $200 billion in free money to anyone who wants to default on their credit cards now. Come 'n get it!
Yesterday I became a bank. Now I want my share of the 100 billion the Austrian government has reserved for bailouts. Which, in relation, would mean 4 trillion in the US since your economy is around 40 times bigger Also, they sold us a measly 2,5 billion tax cut (which I won't see a dime of) as the most wonderful present they could make us
How would they do that? Arbitrarily shut down private businesses, or prevent private citizens from shopping there?
Wal Mart is not a monopoly. You the consumer are to blame for Wal-Mart's success. You keep shopping there because it's cheap. Well fucking DUHHHHHH everyone else is going to go kaput in response. When you feed the dragon you can't get pissed off when it smokes the village market.
First of all I didnt get any gubment money last year either.And second, to answer your question, we wont bail out the taxpayer who is already stuck with a huge bill. Now whose fault is that? You know its hars to blame the Re-publicans and the Dumocrats if your CEO is a fucking idiot and causes your palce of employment to shut down. Just look at the Big 3 auto manufacturers. I wouldnt give them a dime until they came off all those perks and the Lear fucking jets
I'll take the evil outcome of free association over the evil of manipulation and interferance any day.
It is interesting how lefties like tafkats seem to think that tax cuts and etc. are equitable to the government taking our money to bail out corporations.
Small businesses (and even a handful of large businesses) are always closing, and new ones opening. Think of them like waves on a shore line on a normal day. Fairly violent when up close, but step away and they are easily avoided and quickly disappear and they tend to even out. What is happening now is like the tide coming in, and immensely more powerful force on a different magnitude of scale. It also gives an analogy though of why bailouts can be a very bad idea. All these bailouts are like building up a sea wall to keep the high tide from reaching the shore. Build the wall tall enough and strong enough, and eventually the tide will recede and everyone will be safe. If the tide goes higher than the wall though, or it is badly constructed then the water will first creep over, then completely overpower it. Not only that but since all that effort was put into building the sea wall there will have been less resources to shore up individual buildings and they will suffer more damage.
Well, in the matter of the auto industry -- I think its political payback. The auto industry contributed about $50 some million to the campaigns this year -- $54 million to Democrats, $3 million to Republicans. Time for Congress to pay up I suppose.
Like any other business, there will be others to replace them. Just like the internet boom in the mid 90's when they crashed there were a few that remained and continue to operate and grown Government intervention and interference will do nothing more than cost taxpayers trillions of dollars and in the end business is still going to have to work out the problem. The US government is not qualified to be doing what it is doing. Nor should it be investing taxpayer money into business, or banking for that matter.