Part of the problem with government interference in the economy is the government insulating "private" companies from their own failures. It's no coincidence that these are often companies that have crossed a lot of political palms with donations. "Go ahead," the government says to the financial industry. "Whatever you do, we'll cover your ass." What do you THINK the result will be? We didn't learn anything after the savings-and-loan mess, and we're not going to learn from the mortgage mess either. The idiots will keep telling us "all we need is more government involvement."
The inevitable result of massive government control over economic matters is not honest, efficient businesses. It's a monstrous chimera of corporation and state that is far more corrupt than any private business without access to that power could ever be.
Current Events » in reply to No they wouldn't.
Re: No they wouldn't.
The whole thread (55 posts)
- WSJ gets it wrong, jobless benefits CUT unemployment
- Wish I could agree Eri,
- Re: Re: We are about to retire...
- Re: Texas special accounts?
- Your jobless son is another story.
- They put them into Texas special accounts
- Re: We are about to retire...
- We are about to retire...
- I'm with you
- O...M...G...
- Re: Re: Nope.
- Re: Nope. I'm not.
- Nope. I'm not.
- As usual, you're full of it
- Yeah, it's true.
- Horseapples.
- Good post and great points!