This is where I get upset at people who say LESS government, more private enterprise. Where is the pull yourself up by your boot strap argument, when it comes to the billion dollar companies? It's only made for the regular working class; Those who made mistakes in buying houses, those unwillingly on welfare, those who have a sick relative and goes into debt.
But here we are, regular tax payers bailing out HUGE corporations! While CEO's go un- tarnished! It's a graaaaave injustice!
Under what conditions would multi-billion-dollar bailouts of private businesses be acceptable? What standard is acceptable (if any) for deciding when it is best to use public money to save private business?
Never! (In my opinion)
I understand that some companies get "too big to fail" and have to be bailed out. I believe the role of government is to help the people! I think each year our government should determine and regulate if companies have become "too big to fail". Maybe that company should be forced to break up into several smaller companies, or something but what's happening now is outrageous!
It's not the ideal free market solution, but it sure beats the present "free market" system that's using taxpayer money to bail out the biggest corporations in the country!
Look, I'm not poor. In fact, I'm among the rich in this country. A lot of what I stand for is NOT because it affects me so much. But it affects the community at large and I am for the people at large, not just for self. I see a sad double standard, in how our present administration runs things.
I have many right wing friends that insist they have gotten to where they are with NO Help - Just hard work, and determination. (Which I don't believe is possible) And their usual attitude for any one who is desperate is pull your self up, work harder. I have some on the left who enable people - making them lazy. Both are wrong to me. But Government IS supposed to be for the people and by the people and not just for the richest among us! It's just not fair!
Read more!
Showing posts with label tax payers. Show all posts
Showing posts with label tax payers. Show all posts
The BAIL OUT Dilema
This is where I get upset at people who say LESS government, more private enterprise. Where is the pull yourself up by your boot strap argument, when it comes to the billion dollar companies? It's only made for the regular working class; Those who made mistakes in buying houses, those unwillingly on welfare, those who have a sick relative and goes into debt.
But here we are, regular tax payers bailing out HUGE corporations! While CEO's go un- tarnished! It's a graaaaave injustice!
Under what conditions would multi-billion-dollar bailouts of private businesses be acceptable? What standard is acceptable (if any) for deciding when it is best to use public money to save private business?
Never! (In my opinion)
I understand that some companies get "too big to fail" and have to be bailed out. I believe the role of government is to help the people! I think each year our government should determine and regulate if companies have become "too big to fail". Maybe that company should be forced to break up into several smaller companies, or something but what's happening now is outrageous!
It's not the ideal free market solution, but it sure beats the present "free market" system that's using taxpayer money to bail out the biggest corporations in the country!
Look, I'm not poor. In fact, I'm among the rich in this country. A lot of what I stand for is NOT because it affects me so much. But it affects the community at large and I am for the people at large, not just for self. I see a sad double standard, in how our present administration runs things.
I have many right wing friends that insist they have gotten to where they are with NO Help - Just hard work, and determination. (Which I don't believe is possible) And their usual attitude for any one who is desperate is pull your self up, work harder. I have some on the left who enable people - making them lazy. Both are wrong to me. But Government IS supposed to be for the people and by the people and not just for the richest among us! It's just not fair!
Read more!
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